Prioritizing nature through good governance

Complying with the Nagoya Protocol

Embracing Nature starts with the standards we demand of ourselves – and we have created dedicated governance processes to embed Nature.

 

 

Reflecting our holistic approach, we strongly support the implementation of the Nagoya Protocol on Access and Benefit Sharing (ABS) (2010), we operationalize our commitments via dedicated governance, specific processes and unique programs. Our cross-divisional Biodiversity Steering Committee oversees integration of biodiversity across our businesses and focuses on two aspects that correspond to our main impacts on biodiversity: ABS due diligence and responsible sourcing.

Leaf

 

To ensure Firmenich is in line with these aspects of the Protocol, our Biodiversity Steering Committee works together with our own biodiversity experts to guide our work - from the sourcing of new samples to manufacturing. We make sure that every ingredient covered by the Protocol meets or exceeds its regulations. We also invest in effective tools and training to ensure colleagues working in Research & Development or Innovation know what is expected of them.

 

As a result, our fourth white biotech ingredient, Dreamwood™ was developed using our in-house Access and Benefit Sharing (ABS) due diligence process in line with the Nagoya Protocol.

 

As with many aspects related to our strategy, it is important for Firmenich to collaborate with credible partners. We are partnering with Union for Ethical BioTrade (UEBT) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH via their BioInnovation Africa project.

Field

We also put our expertise to work, as Vice-Chair of the Nagoya Protocol task force of International Fragrance Association (IFRA) and the International Organization of the Flavor Industry (IOFI), to create dedicated Flavor & Fragrance guidance on the Nagoya Protocol Principles. 

Embracing nature

Nature gives us everything. It inspires our creations, supplies us with precious ingredients and drives our innovation. 

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