Promoting Biodiversity conservation through the Nagoya Protocol
We have an important role to play in biodiversity conservation and restoration, especially in areas where we operate directly. This is where we can most easily identify risks and implement appropriate action for mitigation.
This is also where we have opportunities to go further, to restore ecosystems and enhance biodiversity.
Ensure full ABS execution
Our R&D and Innovation teams are required to support the implementation of the Nagoya Protocol principles and follow the Firmenich ABS due diligence approach summarized below:
Step 1
Know the provider
country
Step 2
Collect the necessary
information
Step 3
Register the sample
in Nagobase
Step 4
Follow the check points
agreed at corporate level
We commit to secure the relevant ABS permits, when applicable. As of June 2022, we have obtained 25 permits.
As with many aspects related to our strategy, it is important for Firmenich to collaborate with credible partners. We are partnering with UEBT and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH via their BioInnovation Africa project. We also put our expertise to work, as Vice-Chair of the Nagoya Protocol task force of IFRA and IOFI, to continue strengthening Flavor & Fragrance guidance.
Setting biodiversity metrics for our manufacturing sites
To engage our operations into our ESG ambition, manufacturing sites located in risk areas for biodiversity and/or water scarcity are asked to include biodiversity regeneration activities in their local projects. Specific projects should comply with the appropriate Biodiversity Action Plan methodology and agreed monitoring indicators.
This year, 15% of our sites joined the initiative.
Embracing Nature
Nature gives us everything. It inspires our creations, supplies us with precious ingredients and drives our innovation.
