Tag: Firmenich

Firmenich Receives SBTi Approval For Net-Zero Emissions Target

Stuart Mitchell

Firmenich, the world’s largest privately-owned fragrance and taste company, has received approval from the Science Based Targets initiative (SBTi) for its net-zero emissions target, making it the first company in the industry and one of the first companies globally to receive approval from the SBTi.  Firmenich has both near- and long-term science-based emissions reduction targets verified and approved by the SBTi. The Group is committed to reach net-zero greenhouse gas emissions across its value chain by 2039, keeping global warming below 1.5°C in line with the Paris Agreement “I am…

Read More

Firmenich Commits to be Carbon Neutral by 2025

Stuart Mitchell

Firmenich, the world’s largest privately owned perfume and taste company, today announces its new ESG strategy, driving the Group to a carbon positive and water neutral future within 10 years. Building on its leadership in sustainability, Firmenich has committed to ground-breaking goals across three key areas: acting on climate change, embracing nature, and caring about people. Industry-leading targets include: carbon neutral operations by 2025 and carbon positive operations by 2030; 100% of plastics recycled, 100% renewable fragrances, a commitment to regenerative agriculture, as well as creating 5,000 youth job opportunities…

Read More

Firmenich achieves 100% renewable electricity worldwide

Stuart Mitchell

Firmenich, the world’s largest privately-owned perfume and taste company, today announced that all its operations worldwide1 are now powered by 100% renewable electricity. An industry first, this significant milestone builds on Firmenich’s second consecutive CDP Triple A ranking for Climate Change, Water and Forests, which it received at the CDP Awards Ceremony today in Paris. The Group’s transition to green power is supported by RE100, a global initiative of the most influential companies committed to 100% renewable power led by The Climate Group in partnership with CDP. “I am proud…

Read More

Firmenich Adopts Ambitious Science-Based Targets To Tackle Climate Change

Stuart Mitchell

Building on its industry leadership in environmental management, Firmenich has joined the Science Based Targets initiative, committing to reduce absolute Scope 1 and 2 CO2 emissions by 39% and Scope 3 emissions by 20% by 2030. Taking its ambitious 2020 environmental goals to the next level, the perfume and taste company is one of 149 companies worldwide to have approved science-based targets. “I am proud that Firmenich is one of only 149 companies to have its goals approved by the Science Based Targets initiative,” said Gilbert Ghostine, CEO Firmenich. “These…

Read More