Energy Efficiency, GHG Emissions, Industrial, Sourcing Renewables  -  September 12, 2022

Firmenich Lowers Emissions

Firmenich, a privately-owned fragrance and taste company, announced Scope 1 and 2 emissions were reduced by 36.1% vs. 2017 while the new ingredients sites reduced Scope 1 and 2 emissions by 12.2% vs. 2020. 

The company maintained 100% renewable electricity in its operations including in new acquisitions. Firmenich aims to reach carbon neutrality in its direct operations by 2025 by 2030 as well as net-zero emissions by 2039 across its direct operations and value chain (Scopes 1, 2, and 3). Its net-zero targets were validated by the Science-Based Targets initiative (SBTi) in August 2022, making Firmenich the first company in its industry to receive SBTi approval.

Firmenich was one of only two companies to receive a fourth consecutive CDP Triple A rating for climate, water and forests. Three manufacturing sites in Norway, Singapore and South Africa were carbon neutral in FY22 all operating without the use of offsets.  

Details were provided in its annual Environmental, Social and Governance (ESG) Report.

"I am proud that we continued to accelerate our industry-leading ESG actions despite the challenging economic climate and kept making measurable progress toward our 2025 targets, even exceeding them for renewable ingredients and Living Wage," said Gilbert Ghostine, CEO Firmenich in a statement. "Our Firmenich Inclusive Capitalism business model is gaining more traction and proving more and more relevant in today's world. Every year, new climate extremes are having a growing impact across the globe: Firmenich's bold environmental ambition is a vital business investment today and for the future."

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