FIRMENICH LAUNCHES “FOR GOOD NATURALLY”, MARKING NEW CHAPTER IN 124-YEAR LEGACY OF RESPONSIBLE BUSINESS
Geneva, Switzerland – Oct. 8th 2018 – Firmenich is proud to share its company purpose articulating what drives its 7,000 colleagues every day, as Creators of Positive Emotions to Enhance Wellbeing, Naturally. Capturing its purpose, For Good, Naturally, is the Group’s rallying cry to all its partners to make a bigger difference together.
“As a family-owned company, we deeply believe that business has an obligation to play a major role in shaping the future of society. That’s why our unique fragrance and taste experiences are positive in all senses: sensorially, for our communities and for the planet,” said Gilbert Ghostine, CEO Firmenich. “Marking a new chapter in our 124-year legacy of responsible business, we look forward to creating positive emotions to enhance wellbeing, naturally!”
Bringing the extraordinary into the daily lives of more than four billion consumers every day, Firmenich actively:
Creates Moments of Happiness
With a legacy of world-class research, exemplified by its Nobel Prize for musk, Firmenich invests CHF 370m annually to put its science and creativity to work for a better society. Firmenich’s community of 450 scientists, with more than 3000 active patents, are dedicated to improving quality of life for all. The Group’s uncontested creative excellence is further propelled by its Masters, including 12 Master Perfumers and 6 Master Flavorists, all shaping the future of the industry.
Makes Healthier Taste Great
Committed to making healthy and nutritious taste delicious for all, this year Firmenich launched TastePRINT™, a new family of integrated solutions, which can achieve up to 100% removal of added sugar, naturally. Taking its commitment to the next level, Firmenich recently entered a strategic partnership with Layn Natural Ingredients, gaining exclusive access to the world’s broadest range of natural sweeteners, from stevia to monk fruit.
Accelerates Access to Hygiene
In partnership with the Bill & Melinda Gates Foundation (B&MGF), Firmenich has developed breakthrough malodor control technologies. Determined to bring its solutions to the populations most in need, Firmenich actively partners with a number of its customers to integrate its technologies into affordable and sustainable toilet cleaning products. For the first time this year, these products will become available to low income consumers across South Africa and Bangladesh.
With the vision to become carbon neutral, Firmenich set itself industry-leading environmental goals, such as operating with 100% of renewable electricity by 2020; a goal it has already achieved across all its European operations. Offering the best of nature responsibly, Firmenich invests in the sustainable livelihoods and ecosystems of its farming communities, positively impacting the lives of 250,000 farmers, across the 40 countries.
Leads an Ethical Business
Operating to the highest standards of governance globally, Firmenich featured on the podium of Ecovadis’ top 1% of Gold-rated companies, with a score of 82/100 in 2018. Committed to becoming a 100% certified gender equality employer worldwide by the end of 2018, Firmenich counts 40% of women among its senior leadership and 30% in its Executive Committee. The Group also received the 2017 DuPont Sustainability Award, making it the first company in its industry to count three DuPont Awards, including Safety and Operational Excellence. Proud signatories of the United Nations (UN) Global Compact, Firmenich was showcased by as a leading Swiss Company advancing the UN Sustainable Development Goals (SDG). See movie here.
Firmenich is the world’s largest privately-owned company in the perfume and taste business, founded in Geneva, Switzerland, in 1895. Driven by its purpose to create positive emotions to enhance wellbeing, naturally, Firmenich has designed many of the world’s best-known perfumes and tastes, bringing delight to over four billion consumers every day. Renowned 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 understand and share the best that nature has to offer responsibly. Firmenich had an annual turnover of 3.7 billion Swiss Francs at end June 2018.