Firmenich in Top 2 Worldwide With CDP Triple 'A' for Climate Change, Water & Forests

Geneva (ots/PRNewswire) - Firmenich has been ranked by CDP as a
world leader in environmental management, one of only two companies
this year to achieve CDP triple "A" status for climate change, water
security and forests. This world-class distinction is testament to
Firmenich's commitment to conducting its business responsibly, with
ambitious sustainability goals embedded in its strategy.

"We are immensely proud to be one of only two companies globally
to have achieved CDP's triple "A" ranking," said Gilbert Ghostine,
CEO, Firmenich. "Ever since we made our first public environmental
commitment three decades ago, we have been leading real change in
sustainable business. We owe this year's outstanding result to our
teams' deep belief in inclusive capitalism, committed to making a
positive difference for our customers, people and the planet."

Sonya Bhonsle, Global Head Supply Chain at CDP, commented: "We
congratulate Firmenich for making it onto CDP's A Lists this year for
its actions to tackle climate change, deforestation and water
security. This achievement demonstrates the company's continuing
commitment to scaling up environmental action, in order to meet the
Paris Agreement and Sustainable Development Goals. As a CDP supply
chain member it provides leadership to suppliers by demonstrating
best practice and showing what can be achieved."

"Building on the breadth and depth of our programs, we are
actively partnering across our supply chain to scale up our climate
change mitigation actions," commented Neil McFarlane, Senior VP
Quality, Health, Safety, Security & Environment, Firmenich.
"Accelerating the transition towards a more sustainable global
economy, we look forward to continuing our collaboration with CDP to
share best practices on our journey towards zero impact."

CDP assesses companies on the comprehensiveness of their
disclosure, their awareness and management of environmental risks and
their demonstration of best practices associated with environmental
leadership, such as setting ambitious and meaningful targets. The
full list of companies that made this year's CDP A List is available
here, along with all other public company scores:
https://www.cdp.net/en/scores.

In 2015, Firmenich announced its vision to become a carbon neutral
company as well as its ambitious Environmental Goals for 2020. One of
only 160 companies worldwide to have approved science-based targets,
the Swiss company committed to operating with 100% renewable
electricity or offsets, along with a 20% reduction in absolute CO2
emissions and a 25% decrease of water use in water stressed areas. On
track to deliver these goals, the perfume and taste company currently
operates with 100% renewable electricity across all of its US and
European manufacturing sites. Learn more about Firmenich's 2020
environmental goals and commitments to climate change mitigation in
its "Performance and Sustainability Report 2018." To view it, click
here (https://www.firmenich.com/uploads/files/sustainability_report_2
018.pdf?788a563).

Note to editors

The full methodology and criteria for the Climate Change, Forests
and Water Security A Lists are available on CDP's website at:
https://www.cdp.net/en/guidance/guidance-for-companies under 'CDP
scoring methodologies 2018'. The 2018 CDP A List includes the CDP
Supplier A List, which in previous years was released separately.

About Firmenich

Firmenich is the world's largest privately-owned perfume and taste
company, founded in Geneva, Switzerland, in 1895. Driven by its
purpose to create positive emotions to enhance wellbeing, naturally,
Firmenich has designed many of the world's best-known perfumes and
tastes, bringing delight to over four billion consumers every day.
Renowned for its world-class research and creativity, as well as its
leadership in sustainability, each year, Firmenich invests 10% of its
turnover in R&D to understand and share the best that nature has to
offer responsibly. Firmenich had an annual turnover of 3.7 billion
Swiss Francs at end June 2018. More information about Firmenich is
available at www.firmenich.com

About CDP

CDP is an international non-profit that drives companies and
governments to reduce their greenhouse gas emissions, safeguard water
resources and protect forests. Voted number one climate research
provider by investors and working with institutional investors with
assets of US$87 trillion, we leverage investor and buyer power to
motivate companies to disclose and manage their environmental
impacts. Over 7,000 companies with over 50% of global market
capitalization disclosed environmental data through CDP in 2018. This
is in addition to the over 750 cities, states and regions who
disclosed, making CDP's platform one of the richest sources of
information globally on how companies and governments are driving
environmental change. CDP, formerly Carbon Disclosure Project, is a
founding member of the We Mean Business Coalition. Visit www.CDP.net
or follow us @CDP to find out more.

ots Originaltext: Firmenich
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Heidi.salon@firmenich.com
Tel.: +41 22 780 5438 (office)

+ 41 78 689 9497 (mobile)

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