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Sustainability at Firmenich Sustainability Strategy

Cutting across our businesses, Perfumery and Ingredients as well as Flavors, and focused on responsible growth, our 2020 Pathways to Positive strategy has guided our business over recent years. Encompassing good governance, innovation and the natural world, our strategy incorporates all of these material concerns into our business, as reflected in the structure and content of this report.

Pathways to Positive

Just as our business is rooted in a long heritage, so is our commitment to sustainable development. Having signed the International Chamber of Commerce Business Charter on Sustainable Development 27 years ago, we have now reached an interesting turning point in the evolution of our Pathways to Positive sustainability strategy, which covers the period from 2015 to 2020.

We believe that the spirit of our strategy has grown in relevance over time, alongside increasing public awareness of sustainability issues. The Sustainable Development Goals (SDGs) adopted by the United Nations in September 2015 have also created a new momentum, leading us to strengthen our approach. The idea that sustainability is a journey towards improvement and learning is at the heart of everything we do, as we seek to add value to society and the environment while contributing to achieving the SDGs.

As a responsible business, we are committed to using our innovation to address some of the most pressing challenges of our time. While SDG 17 (Partnerships for the Goals) underpins our whole approach, we have a specific focus on SDG 6 (Clean Water and Sanitation) and SDG 12 (Responsible Consumption and Production). These are areas where we believe we can make a difference. Added to this conviction is a sense of urgency as we seek to fast-track sustainability across the company. This has led us this year to streamline our strategic framework in order to achieve business transformation more efficiently.

Our Pathways to Positive 2020 goals remain, but we have reorganized them around three pillars – Governance, Growth, Green – our 3Gs. This simplified framework provides a strong basis for action, engagement and reporting and makes our sustainability work more accessible to our colleagues. As we start integrating the results of our new materiality analysis and matrix, our 3Gs framework helps us refine the priorities identified through that process and enable strong integration with our company’s purpose.

2020 Sustainability Goals

We look forward to taking our performance to the next level by 2020, and pursuing 26 sustainability goals.

Discover an overview of our performance below:

The 3Gs pillars are reflected in our sustainability reporting and are discussed in respective sections where our initiatives are described, and FY18 performance is disclosed against our 26 goals.

Our sustainability strategy, anchored in the SDGs, is focused on initiatives that are relevant to our fragrance, flavors, and ingredients business units.

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