Firmenich has announced its achievement of its five-year goal with the release of its 2020 Sustainability Report. Firmenich's goal inlcuded accelerating its environmental and social performance.
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Firmenich also refreshed its code of ethics, relaunched its human rights policy and responsible sourcing approach as well as accelerating implementation of its diversity & inclusion agenda. The group improved its safety performance, which was recognized with a RosPA Gold Safety Award. Firmenich also reached gender parity on its executive team and expanded the recruitment of differently abled people as well as youth opportunities.
In the report, Firmenich outlined its sustainability vision for 2030, with measurable actions on climate, nature and human rights, while progressing on B Corp certification.
“Our audited GRI 2020 Sustainability Report shows how Firmenich has moved the needle across the board since the launch of our sustainability plan in FY 2016, and we met our five-year goals with a measurable and recognized impact. We are also laying the foundations for our new sustainability vision for 2030 that builds on three pillars, people, nature and climate action, supported by ambitious 2025 performance targets," said Berangère Magarinos Ruchat, chief sustainability officer, Firmenich.
“Firmenich is turning ambitious commitments into clear achievements in environmental, social and governance (ESG) performance and living up to its legacy as a responsible company and industry leader. Vital global challenges such as climate change and the unprecedented COVID health crisis demonstrate that our inclusive capitalism approach is more essential than ever. We are stepping up our ambition with ever more targeted and transparent sustainability goals," said Gilbert Ghostine, CEO Firmenich.