Firmenich has been recognized as one of the 2022 World’s Most Ethical Companies by Ethisphere. Ethisphere honored only 136 companies in the world with this distinction in 2022. These companies stood out for their commitment to business integrity through ethics, compliance and governance practices.
Related: Firmenich Announces 2030 Conscious Perfumery Ambitions
Grounded in Ethisphere’s proprietary Ethics Quotient, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.
2022 was the first time Firmenich had been assessed by Ethisphere, and its efforts in communicating its values on anti-corruption, human rights and safety were accounted for.
Firmenich CEO, Gilbert Ghostine, said, “Integrity and responsible business are at the core of what we do at Firmenich, and we are honored to be recognized as one of the World’s Most Ethical Companies. Ethics is a critical component of our values and our leading Environmental, Social and Governance (ESG) performance. We hold ourselves accountable to the highest standards of ethical behavior every day, within the company and in our business relationships.”
Firmenich general counsel, Jane Sinclair, said, “This exceptional recognition is a tribute to all our colleagues, who strive to operate with honesty, fairness and integrity. Our Code of Ethics and policies have been built up over decades, to allow our colleagues to take the right decisions and present clear expectations for our business partners. We are continuing this journey and constantly raising the bar on our actions.”
Ethisphere CEO, Timothy Erblich, said, “Today, business leaders face their greatest mandate yet to be ethical, accountable, and trusted to drive positive change. We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to integrity, sustainability, governance, and community. Congratulations to Firmenich for earning the World’s Most Ethical Companies designation.”
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