Firmenich has been awarded a fifth consecutive triple “A” by CDP for the Group’s global leadership in transparency and action on climate change, water security and forestry protection.

CDP today placed Firmenich among 12 companies that achieved a triple “A” listing in 2022, out of nearly 15,000 that were scored based on data they submitted to CDP. The Group is one of only two companies worldwide that have achieved at least five consecutive triple “A” ratings.

CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency.

Gilbert Ghostine, CEO of Firmenich, said. “Firmenich is one of only two companies worldwide and the only one in its industry to have achieved this exceptional sustained performance, which makes me so proud of all 11,000 colleagues who strive every day to deliver on our ambitious Environmental, Social and Governance (ESG) targets for climate and nature.”

Firmenich aims to achieve absolute carbon emissions reduction by 2030 in line with limiting temperature rise to 1.5˚C, as well as net-zero emissions by 2039 across its direct operations and value chain. The Group’s net-zero targets were validated by the Science-Based Targets initiative (SBTi) in August 2022, making Firmenich the first company in its industry to receive SBTi approval.