Firmenich recognized for advancing the UN SDGs, delivering sustainable growth for people, planet & society
Geneva, Switzerland, September 4, 2019 – Firmenich, the world’s largest privately-owned Perfume and Taste Company, has been recognized as a global leader in advancing the United Nations Sustainable Development Goals (UN SDGs), alongside leading companies including Oracle, 3M, Boston Consulting and Telefonica. Firmenich’s relentless focus on driving inclusive growth for people, planet and society is showcased on www.17sustainabledevelopmentgoals.org making a real difference in the areas of climate action, reducing inequalities, good health and wellbeing, as well as partnerships.
“Our inclusive capitalism business model aims to create long-term value for our customers and shareholders, while caring for our communities and the planet,” said Gilbert Ghostine, CEO Firmenich. “Committed to making our business work for people and planet, we have embedded the SDGs in our growth strategy, and are clearly demonstrating that responsible business works for all.”
With the UN SDGs embedded in Firmenich’s strategy, the Group is putting its knowledge in science to work to solve some of the world’s greatest challenges, from inequality and climate change to nutrition and sanitation. To scale up its impact, Firmenich engages in strategic partnerships with likeminded visionary organizations, from key customers and academic institutions to governments, NGOs and foundations.
People: Goal 10, Reduced Inequalities
Firmenich was the seventh company worldwide, and the first in its industry, to be globally certified as a gender equal employer by EDGE, the world’s leading certification standard in this area. Going well beyond gender equality, the Group’s commitment to diversity spans a mix of backgrounds, race, age, experience and people with different abilities. For instance, putting disability on its leadership agenda, Firmenich actively works with visually impaired professionals around the world to advance its sensory capabilities. Discover more here.
Planet: Goal 13, Climate Action
Coming out of COP 21, Firmenich set itself the most ambitious environmental goals with the vision to become carbon neutral. Making real progress, Firmenich was recognized as a global environmental leader this year, one of only two companies worldwide, out of more than 7000, to have achieved “triple As” with CDP, in Climate, Water and Forestry. Click here for more CDP ceremony video.
Society: Goal 3, Good Health & Wellbeing
Tackling today’s malnutrition crisis with 2.1 billion adults overweight or obese, Firmenich’s latest taste modulation technology TastePRINT™ reduces up to 100% of added sugar naturally. Throughout our Fiscal Year 2019, we removed 215 metric tons of sugar, 870 billion calories, from food and beverage products that consumers love. Firmenich is also actively shaping green protein solutions to enable Flexitarian diets, based on a balanced consumption of animal and plant-based proteins. Find out more here.
Firmenich is the world’s largest privately-owned perfume and taste company, 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.