FIRMENICH ON CDP “A LIST” FOR SUSTAINABLE WATER MANAGEMENT ADDING TO “A LIST” FOR CLIMATE

Geneva, Switzerland, October 24, 2017 – Adding to its “A List” for climate, Firmenich confirms it leadership in sustainable water management with its ranking on CDP’s Water “A List”, among the top 10% of companies participating in CDP’s Corporate Water Disclosure program.

“Committed to the UN SDGs, we have set ourselves ambitious 2020 environmental goals, embedding sustainability metrics across our business,” said Gilbert Ghostine, CEO. “That’s why, being ranked on the CDP Water “A List” adding to our “A List” for climate, means a lot to us. It recognizes our ongoing efforts to lead our industry in environmental management.”

“Being identified as a global leader in water management by CDP demonstrates our commitment to ensuring availability and sustainable management of water, in alignment with SDG Goal 6,” added Neil McFarlane, Senior Vice President, Quality, Health, Safety, Security & Environment. “Reaching the Water “A List” in 2017, and the Supplier Climate A-List for the past three years, is a testament to our dedication to environmental sustainability.”

CDP’s Executive Chair Paul Dickinson said: “Congratulations to all the companies that made it onto the Water “A List” this year. Climate change, industrialization and population growth are putting unprecedented pressure on water supplies. 43% of companies say they are already facing water risks that could disrupt their business. Because of this, companies are stepping up for a water secure world, moving us towards a tipping point on environmental action”.

In 2017, over 700 companies responded and submitted annual water disclosures to CDP for independent assessment against its scoring methodology. Out of these hundreds of companies, only 73 scored at the Leadership A level and joined the Water “A List”. The Water “A List” and other company scores are available on CDP’s website. The scores are released on the same day as CDP’s second annual analysis in the series: Tracking progress on corporate climate action.

Learn more about Firmenich’s commitments to sustainable water management and improving its environmental footprint in its “Performance and Sustainability Report 2017.” To view it, click here.

 

About Firmenich

Firmenich is the world’s largest privately-owned company in the fragrance and flavor business. Founded in Geneva, Switzerland, in 1895, it has created many of the world’s best-known perfumes and flavors that billions of consumers enjoy each day. Its passion for smell and taste is at the heart of its success. It is renowned for its world-class research and creativity, as well as its thought leadership in sustainability and exceptional understanding of consumer trends. Each year, it invests 10% of its turnover in R&D, reflecting its continuous desire to understand, share and sublimate the best that nature has to offer. Firmenich had an annual turnover of 3.34 billion Swiss Francs at end June 2017.