Firmenich Acknowledged as Most Sustainable Company in the Flavour & Fragrances Sector

 

GENEVA, Jan. 13: Firmenich, the globe's top privately-owned perfume and taste company, has been acknowledged as the Most Sustainable Company in the Flavour and Fragrances Industry by World Finance magazine. Recognized as a worldwide pioneer in sustainability alongside a select group of top organizations consisting  of Audi, Havas and Logitech, Firmenich was appreciated for its thorough approach to sustainability, underpinned by its work to enhance the UN Sustainable Development Goals. The judges commended the Group's sustained endeavour to deal with climate change with science-based objectives, as well as its dedication to operating the most traceable and sustainable value chain, all the way to its worldwide certification by EDGE for gender parity in the workplace. 

"This award pays tribute to our unique legacy of responsible business deeply entrenched in our values ever since our creation in 1895," observed Gilbert Ghostine, CEO Firmenich,adding, "It is also great recognition of the passion and hard work of our 8,000 colleagues working as a force for good to do what's right for our planet, communities and our business every day."

World Finance showcased Firmenich's remarkable "commitment to sustainability" and its sustained campaign "to make the business world a much greener place." Lauded as a "forward-thinking company," Firmenich was appreciated for taking a long-term approach and embedding sustainability across its business. The Group's full sustainability story and dedicated concentration on inclusive expansion for people, planet and society is featured in the World Finance Winter 2020 edition

In recent times, Firmenich was awarded the first IMD-Pictet Sustainability in Family Business award, as well as the Ethical Corporation Responsible Business Award 2019 for the Group's leadership in Diversity & Inclusion.

Firmenich was also exhibited on Bloomberg.com as one of 50 climate leaders making an actual difference in the areas of climate action, diminishing inequalities, good health and wellbeing.

Presently, Firmenich is one of only two companies globally, out of over 7000, to have accomplished "triple As" with CDP, in Climate, Water and Forestry. Dedicated to a net zero carbon future by 2050, Firmenich presently functions with 100% renewable electricity in North America, Latin America, Europe, Africa and the Middle East, China and India, well on its way to obtaining 100% globally in 2020.

Putting people first, Firmenich became the seventh company globally, and the first in its industry, to be certified worldwide as a gender equal employer by EDGE. Going well beyond gender equality, the Group's dedication to variety spans a mix of backgrounds, race, age, experience and people with different abilities.

About Firmenich

Firmenich is the globe's leading privately-owned perfume and taste company, established in Geneva, Switzerland, in 1895. Propelled by its objective to create positive emotions to improve wellbeing, naturally, Firmenich has designed many of the globe's most famous perfumes and tastes, bringing joy to over four billion clients each day. Well  known for its world-class research and creativity, as well as its leadership in sustainability, each year, Firmenich invests 10% of its turnover in R&D to comprehend and share the best that nature has to offer responsibly. Firmenich had a yearly turnover of 3.9 billion Swiss Francs at end June 2019. 

By ANJISHNU BISWAS