Firmenich Recognized as Global Environmental Leader with CDP Triple “A” for Climate Change, Water & Forests for Second Year
Geneva, Switzerland, February 3, 2020 - Firmenich has been ranked by CDP today as a global environmental leader, the only company in its industry to have achieved triple “A” for climate change, water security and forests for the second consecutive year. Being one of only six companies worldwide with a triple A listing this year out of more than 8,400 assessed, this world-class distinction recognizes the Group’s commitment to responsible business, supported by ambitious science-based targets.
“We are immensely proud to be amongst the very few companies who have achieved CDP triple “A” for the second year in a row,” said Gilbert Ghostine, CEO, Firmenich. “Ever since we made our first public environmental commitment three decades ago, we have been constantly challenging ourselves to keep making a real difference in global sustainable business. I would like to acknowledge the exceptional people at Firmenich that ensure we continue to lead in environmental management.”
“Congratulations to Firmenich for achieving this position on CDP’s A Lists this year and leading in environmental performance and transparency.” said Paul Simpson, CEO of CDP. “The scale of the business risks from the climate emergency, deforestation and water insecurity are vast – as are the opportunities from addressing them – and it’s clear the private sector has a vital role to play at this critical time. The A List companies like Firmenich are leading the market in corporate sustainability, tackling environmental risks and setting themselves up to thrive in tomorrow’s economy.”
“With environmental management programs embedded in our business, and active partnerships across our supply chain, we are accelerating the transition towards a more sustainable global economy,” said Neil McFarlane, Senior VP Quality, Health, Safety & Environment, Firmenich. “Our teams are working hard on our journey towards zero impact and we look forward to continuing our collaboration with CDP.”
The Group currently operates with 100% renewable electricity in manufacturing sites in Europe, North America, Latin America, India, China; Africa and the Middle East. Firmenich is one of 177 visionary companies on the “Business Ambition for 1.5C: Our Only Future”, a broad coalition committed to Science-Based Targets to combat climate change. The Group is also a founding member of the One Planet Business for Biodiversity (OP2B) coalition committed to protecting and restoring cultivated and natural biodiversity.
Learn more about Firmenich’s environmental goals and achievements in its “Performance and Sustainability Report 2019.” To view it, click here.
CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. Companies are assessed on the comprehensiveness of their disclosure, their awareness and management of environmental risks and their demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.
The full list of companies that made this year’s CDP A List is available here, along with other publicly available company scores: https://www.cdp.net/en/companies/companies-scores
Note to editors
The full methodology and criteria for the A List is available on CDP’s website at: https://www.cdp.net/en/guidance/guidance-for-companies under ‘CDP scoring methodologies 2019’.