Firmenich Becomes New Addition to CDP’s Supply Chain Program
Firmenich plans to build upon its long-term commitment to industry-leading environmental management, becoming the first fragrance and flavour firm to join CDP’s Supply Chain Program. With Firmenich signing up to mobilize its major suppliers to divulge their climate and water performance data through CDP’s reporting platform, the company says it strives to boost a more traceable and sustainable value chain. For Firmenich’s consumers, who have had full access to the company’s environmental performance via CDP since 2009, Firmenich believes this process further safeguards their reputation in terms of environmental management.
“I am proud that Firmenich is the first in the industry to mobilize our strategic suppliers, alongside our customers, in the CDP’s Supply Chain Program,” said Gilbert Ghostine, Chief Executive Officer. “Together, we can scale up our impact in mitigating climate change, by bringing more transparency and spreading best practices across our value chain.”
“Firmenich is an established A List responder to CDP’s Supply Chain Program,” said Dexter Galvin, Head of CDP Supply Chain. “Today marks another step in their climate leadership, as they drive climate and water action down their own supply chain. This work will help them – as well as their suppliers and customers – build resilience, manage risk and ensure their future prosperity.”
“I am very excited to be engaging our suppliers through CDP’s Supply Chain Program, to increase disclosure and encourage climate and water action down the supply chain,” said Bhavesh Shah, Chief Purchasing Officer. “As we pursue this common goal, we are committed to supporting our suppliers’ ambitions, while strengthening our business and preserving the environment for future generations.”
By requesting environmental disclosure throughout its supply chain, Firmenich saod it aims to identify hotspots and explore opportunities to collaborate with its suppliers to reduce greenhouse gas emissions and water use in stressed areas.
Fermenich is a Swiss, family-owned company that has been in business for more than 120 years. It is a private company that provides various fragrances and flavours to billions of consumers.
