Firmenich is one of the world’s largest privately-owned fragrance and flavour companies, founded in 1895, and headquartered in Geneva, Switzerland. The company is present across more than 100 markets and operates 82 facilities around the world, including 33 manufacturing plants and five research and development (R&D) centres. Firmenich continues to grow, with four acquisitions, one strategic partnership and new facilities in ten global locations announced in 2019.
Started the journey
Room for improvement
Firmenich provides substantial public disclosure on key social inclusion topics but has considerable room for improvement in the environment dimension and lacks any commitments and disclosure in the nutrition dimension. In the environment dimension, the company has set a time-bound target to reduce its scope 1 and 2 GHG emissions by 55% by 2020 and scope 3 emissions by 20% by 2030, compared to 2007. It also commits to protecting terrestrial natural habitat and soil health as well as reducing plastic use and packaging waste and reports on the rate of waste to landfill. In the nutrition dimension, the only public disclosure found was annual progress reporting on the company’ sugar reduction programme and a customer programme on organic ingredient labelling. Firmenich has commitments relating to most topics in the social inclusion dimension, notably eliminating child and forced labour and paying a living wage in both its own operations and supply chain. However, no information was found on practices in place to monitor these commitments or progress in either area.
The company is also included in the following benchmarks developed by WBA and our Allies. These benchmarks help to deepen our understanding on key issues and industries.
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