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‘A List’ for climate change
“We are very proud to be on the new CDP A List, for the sixth year in a row. This is a testament to our inclusive capitalism business model, our colleagues’ hard work to be a force for good everywhere we operate in the world, and our commitment to lead the charge against climate change”, said Gilbert Ghostine, CEO Firmenich.
Confirming its position as a world leader in environmental management, Firmenich is ranked among the top 2% high-performing companies on the new “A List” for 2019, in recognition of its actions to cut emissions, mitigate climate risks and accelerate a low-carbon economy.
“Protecting and preserving our planet for generations to come is part of our DNA. Firmenich’s excellent performance, year over year, echoes our team’s unwavering pledge to the environment.” commented Neil McFarlane, Firmenich Senior Vice President Global Quality, Health, Safety and Environment.
INGREDIENTS
Firmenich steps up industry-leading sustainability performance achieving 5-year goals
(Source: Image by andreas160578 from Pixabay
Geneva based Firmenich by acce- lerating its industry-leading envi- ronmental and social performance has announced their achievement of its five-year goals. One of the world’s lar- gest privately owned perfume and ta- ste companies, Firmenich announced this while releasing their Annual Su- stainability Report 2020 in October. In the independently verified report, Fir- menich also outlines its sustainability vision for 2030, with clear and measu- rable actions on climate, nature and human rights, while progressing on B Corp certification.
“Firmenich is turning ambitious com- mitments into clear achievements in Environmental, Social and Governance (ESG) performance and living up to its
legacy as a responsible company and industry leader,” said Gilbert Ghostine, CEO Firmenich. “Vital global challenges such as climate change and the un- precedented COVID-19 health crisis de- monstrate that our inclusive capitalism approach is more essential than ever. We are stepping up our ambition with ever more targeted and transparent su- stainability goals.”, he stated.
Meanwhile, Berangère Magarinos Ruchat, Chief Sustainability Officer, Firmenich said, “Our audited GRI 2020 Sustainability Report shows how Fir- menich has moved the needle across the board since the launch of our su- stainability plan in FY2016, and we met our five-year goals with a measu- rable and recognized impact. We are
also laying the foundations for our new sustainability vision for 2030 that builds on three pillars ‘people, nature and climate action’, supported by am- bitious 2025 performance targets.”
Firmenich launched DreamwoodTM, its fourth white biotechnology ingre- dient, harnessing its leadership in su- stainable ingredients from renewable sources. The Group’s commitment to the most ethical, traceable, and sustai- nable supply chain was reinforced by a top Platinum rating from EcoVadis, with a score of 83/100. Furthermore, as a company that depends on nature for its most precious ingredients, Fir- menich became a founding member of the One Planet Business for Biodi- versity Coalition to protect and restore biodiversity.
Driven by ambitious, science-based targets, Firmenich became the first company in its industry to power all operations globally with 100% renew- able electricity. The Group received its second consecutive CDP triple “A” rating for climate change, water secu- rity, and forests, one of a select group of companies worldwide. Firmenich exceeded its GHG targets by reducing absolute Scope 1 and 2 emissions by 44.9% versus the FY2015 baseline. Fir- menich is rallying more businesses to keep global warming below the 1.5°C threshold, as it advances towards a carbon neutral future.
18 AMEFT 1 2021
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