Novozymes CEO applauds Paris Climate Agreement

The Paris Climate Agreement was approved on Saturday by almost 200 countries agreeing to reduce carbon emissions.

“After decades of extremely complicated negotiations Paris proved to be the historic turning point in international efforts to tackle the evident dangers posed by climate change," Novozymes President and CEO Peder Holk Nielsen said. "This sends a very strong signal to businesses, investors and markets: Low-carbon technologies will advance, and we need to reduce our use of fossil fuels such as coal and oil.” 

Despite the positives of the agreement, it will take time for companies to get used to the new agreement.

“It will of course take some time for everyone to fully digest all the implications of Paris – even for a business like Novozymes that has been engaged with climate issues for many years,” Nielsen said. “But the signals are clear: Political intent to move the world towards a low-carbon future, and backing for the private sector’s crucial role in tackling climate change to see opportunities in, and establish solutions to enable, a low-carbon world.”

Novozymes' biological solutions seek to improve industrial performance while preserving the planet’s resources and helping to build better lives.