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Firmenich Recognized for Global Environmental Leadership with Fifth CDP Triple ‘A’

One of only two companies in the world to earn the highest ratings in climate, water and forests for five consecutive years

Geneva, December 13, 2022 /PRNewswire/ — Firmenich, the world’s largest privately held fragrance and taste company, has been awarded CDP 5 in recognition of the group’s global leadership in transparency and action on climate change, water security and forest conservation. Received Triple A for consecutive years. CDP today ranked Firmenich among his 12 companies to achieve a triple ‘A’ list in 2022. about 15,000 Scored based on data submitted to CDP. The Group is one of only two companies in the world to have achieved at least five consecutive Triple A ratings.

CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard for corporate environmental transparency. By 2022, over 680 investors $130 trillion Assets and 280 major purchasers $6.4 trillion Asked companies to disclose data on their environmental impacts, risks and opportunities through CDP’s platform in their procurement spend. A record-breaking 18,700 companies responded.

“For the fifth year in a row, CDP has awarded us a Triple A rating, recognizing our global leadership in environmental performance.” Gilbert Ghost, CEO of Firmenich, said: “Firmenich is one of only two companies in the world and the only company in its industry to achieve this extraordinary and sustained performance. I am proud of all my 11,000 colleagues who are striving every day to make it happen.Guided by the United Nations Sustainable Development Goals, we have successfully put our ESG strategy at the heart of our growth, providing our customers with sustainable We deliver enabling solutions and achieve excellence in both measurable ESG performance and record financial results for 2022. Sustainability and good business are synonyms.Our journey is: It shows that companies can drive urgently needed change for the planet, and we are determined to continue raising the bar.”

Neal MacFarlaneFirmenich’s Senior Vice President of Global Quality, Health, Safety and Environment said: Our colleagues are very ambitious in their commitment to the environment and to manage and minimize impacts, with the aim of leading the industry on the path to net zero and ensuring the best possible future. We are confident that we are taking the necessary steps to For the next generation. “

Maxfield WeissExecutive Director, CDP Europe, said:COP27 Consistently high corporate ratings are reason for optimism, indicating that the need for change is more important than ever to limit warming to 1.5°C. He is one of only 12 companies in the world to achieve triple-A scores for leadership in climate change, forests and water security. We are pleased that Firmenich is one of his two companies to have kept this pace for at least five consecutive years. The EU’s groundbreaking new reporting rule, CSRD, has been agreed, prompting CDP A List companies to take definitive action to reduce emissions and address environmental impacts across the value chain, It shows that you are ahead of the game. This is the type of environmental transparency and action needed across economies to prevent ecosystem collapse. “

Firmenich will achieve absolute reductions in carbon emissions by 2030 by limiting temperature rise to 1.5°C by 2030 and net zero emissions across its direct operations and value chain by 2039 We aim to The group’s net-zero target was validated by the Science-Based Targets Initiative (SBTi). August 2022This makes Firmenich the first company in the industry to receive SBTi approval.

Sustainability has been at the core of Firmenich’s values ​​for decades. In his audited ESG report 2022, the company reported a 36.1% reduction in Scope 1 and 2 emissions compared to his 2017. Norway, Singapore When South Africa, will be carbon neutral in 2022 and will all operate without the use of offsets. Firmenich has also maintained his 100% renewable power in operations worldwide. With a vision to achieve water neutrality by 2030, Firmenich strives to mitigate significant water risks across its operations through annual assessments and has a vision to achieve water neutrality by 2030. aims to reduce total water use worldwide. , highlighting its low ESG risk profile.

For more information on Firmenich’s performance and climate and nature goals, please refer to our ESG Report 2022.

Note to editors

of complete methodology The A-list criteria are available on CDP’s website at:

About Firmenich

Firmenich, the world’s largest privately owned fragrance and taste company, Geneva, Switzerland, since 1895, has been family owned for 127 years. Firmenich is his B2B leading company specializing in the research, creation, manufacture and sale of perfumes, flavors and ingredients. Known for his world-class research and creativity, as well as his leadership in sustainability, Firmenich combines superior innovation in formulation, a broad and high-quality ingredient palette, and proprietary technologies in biotechnology, encapsulation, olfactory science and taste. offer to customers. modulation.Firmenich’s annual sales are CHF 4.7 billion At the end June 2022For more information about Firmenich, please visit:

About CDP

CDP is a global non-profit organization that operates a global environmental disclosure system for businesses, cities, states and regions. Founded in 2000, it works with over 680 financial institutions. $130 trillion On assets, CDP uses capital markets and corporate procurement to motivate companies to disclose their environmental impacts and pioneers in reducing greenhouse gas emissions, conserving water resources and protecting forests. I did it. By 2022, nearly 20,000 organizations worldwide have disclosed data through CDP. This includes over 18,700 companies representing half the world’s market capitalization and over 1,100 cities, states and territories. Fully TCFD compliant, CDP maintains the world’s largest environmental database and CDP scores are widely used to drive investment and procurement decisions towards a zero-carbon, sustainable and resilient economy It has been. CDP is a founding member of the Science Based Targets initiative, the We Mean Business Coalition, The Investor Agenda, and the Net Zero Asset Managers initiative. For more information, visit or follow @CDP.

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