Firmenich Recognized for Excellence in Greenhouse Gas Management

27 Jan 2016 --- Firmenich score a perfect "100A" in the CDP Supplier Climate A List. For the second consecutive year, the Fragrance and Flavor House has been nominated by the CDP as a global corporate leader in mitigating climate change thanks to its leading environmental management, as well as, transparent information disclosure.

Gilbert Ghostine, CEO Firmenich says: “This remarkable ranking, among the top 71 Companies out of over 3900 worldwide, confirms that we are leading the charge for our industry and is consistent with our vision to become a carbon neutral company.”

David Shipman, Group Vice President Corporate Compliance, adds: “We are very proud to be in the Supplier A list for the second year in a row. Firmenich is on a journey to find solutions and achieve tangible change in the sustainability landscape. This perfect score confirms that we are gaining traction in our environmental management.”

Firmenich is among the top 2% of the companies independently assessed against CDP’s climate change scoring methodology. Having received an A grade for its climate performance, Firmenich has earned a position on the CDP Supplier A List. According to the performance review report, the CDP program average score reaches 60D.

Robert Francisco, president of FirstCarbon Solutions, told FoodIngredientsFirst: “For many companies, the majority of greenhouse gas emissions are found within the supply chain. This achievement is testament to Firmenich’s partnership with its customers to make the commitment to environmental stewardship and demonstrate a superior approach to climate change mitigation.”

Paul Simpson, chief executive officer of CDP comments: “The science and the policy have never been clearer. Greenhouse gas emissions must decrease to net zero as early as possible in the second half of the century. Companies have a vital role to play in implementing the Paris agreement. Those that are unable to do so risk being the losers from this inevitable transition but those that have made the A List are set to be the winners.”

Firmenich was also awarded the title “Best Supply Chain Responder in Switzerland” by the CDP this year, taking the number one position in its home country, out of a total of 67 Swiss companies.

The CDP Supplier Climate A List, which is included within a new report reviewing the environmental sustainability of global supply chains, presents 71 suppliers, out of 3932, identified as demonstrating a superior approach to climate change mitigation. It has been produced by CDP, the international NGO that drives sustainable economies, at the request of 75 multinational purchasers including L’Oréal, Unilever and Pepsico who work with CDP to better understand and manage the environmental impacts of their supply chains and have a procurement spend of US$2 trillion.

Firmenich has a 120-year heritage of leading its business responsibly and is deeply committed to continuously improving its environmental performance. David Shipman, Group Vice President, Corporate Compliance and Sustainability told FoodIngredientsFirst: “I am very proud of the achievements we delivered from 2010 to 2015 across all of our environmental metrics and look forward to taking our performance to its next level by 2020.”