Beauty Packaging Staff09.26.19
Firmenich engaged with leading businesses and heads of state at the United Nations Climate Week Summit.
The company says it hopes to help accelerate the race for climate -- and is committed to limiting the global temperature rise to 1.5°C. Firmenich reports that it is making its inclusive capitalism business model "work for the planet."
Gilbert Ghostine, CEO, Firmenich, says, "Stepping up leadership and measurable actions to tackle climate change is a necessity. Business, government and society need to shift gears and work together for exponential climate progress."
Ghostine continues, "With our science-based targets, we are making great inroads on our vision to be carbon neutral. For instance, today we operate exclusively with renewable electricity across Europe, North America and Brazil and are well on our way to achieving 100% worldwide by 2020."
In New York, Dr. Bérangère Magarinos-Ruchat, VP Global Head of Sustainability at Firmenich, took centre stage at the Un in a high level discussion to rally more business leaders on a zero carbon future.
Magarinos-Ruchat said, "At Firmenich, everyone has a role to play to mitigate climate change, and it is a critical pillar of our inclusive capitalism business strategy," said Dr. Bérangère Magarinos-Ruchat. "The science is clear, we must ensure global warming does not exceed 1.5°C. Our science-based targets give us a clear roadmap to achieve this."
Firmenich Plays An Active Role
Firmenich is one of only 36 UN Global Compact LEAD companies. The company has been an active member of the business coalition for over a decade.
Firmenich is also one of 87 visionary companies leading the "Business Ambition for 1.5C: Our Only Future" coalition, committed to stopping global warming.
Together, they have set 1.5°C science-based targets for a net-zero carbon future by no later than 2050.
Ambitious Sustainability Goals
Advancing its ambitious sustainability goals, Firmenich was recognized as a global environmental leader this year, one of only two companies worldwide, out of more than 7000, to have achieved "triple As" with CDP, in Climate, Water and Forestry.
Firmenich has clearly decoupled its manufacturing output from its CO2 emissions, with output up 18% and emissions down by 30% since 2015.
This year, Firmenich also joined RE100, accelerating its commitment to 100% renewable power, alongside more than 194 of the world's most influential companies.
Today, Firmenich's sites throughout Europe, North America and Brazil operate with 100% renewable electricity and the Group is currently at 86% worldwide.