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PERFORMANCE
AND SUSTAINABILITY REPORT 2017

Download Firmenich performance and sustainability report FY17

OUR WORLD

Swiss francs (CHF)
in sales
4.4%
growth (vs.FY16)
Privately owned
company in the flavor
and fragrance industry
In Fine
Fragrance
7,000
employees
R&D
centers
7
new offices in FY17
Ethical Business
Award 2017
Integrated Perfumery
and Ingredients Division

  • Home Care
  • Body Care
  • Fine Fragrance
  • Ingredients
Flavor Division
  • Sweet Goods
  • Beverages
  • Savory
Sustainability pillars

A YEAR OF STRATEGIC ACHIEVEMENTS

Fiscal Year 2017 (FY17) was a year of strategic achievements for Firmenich.

Firmenich recorded 3.34 billion Swiss francs (CHF) in net sales, an increase of +4.4% in CHF versus the previous year. With all its Business Units posting steady growth, the Group further consolidated its number one position in Fine Fragrance and Ingredients.

Taking its legacy of excellence forward, the Company evolved its Board of Directors, starting with the appointment of Patrick Firmenich as Chairman of the Board and Barbara Kux as Vice-Chair. The Company also welcomed two new board members: Richard Ridinger, CEO of Lonza, and Pierre Bouchut, COO of Ahold Delhaize.
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Mr. Gilbert Ghostine, CEO and Mr. Patrick Firmenich, Chairman of the Board

OUR PATHWAYS TO POSITIVE

ETHICS AND EXCELLENCE

Raising the bar to ensure the highest standards of governance
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Environment and resources

Reducing and positively impacting our environmental footprint
Read more

Innovation, Science and Society

Reaching the next level of scientific excellence
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Partnerships

Working together with the world's leading experts and academic institutions
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People and communities

Spreading the knowledge, skills and talent of our people across our communities
Read more

MILESTONES ALONG OUR PATHWAYS TO POSITIVE

JOINT
VENTURE


with Essex Laboratories, world leader in natural mint solutions
TWO "FIRMENICH
NEXT GENERATION"
RESEARCH PROGRAMS


in Neurosciences at Standford University, U.S., and the EPFL, Switzerland
LIFETIME
ACHIEVEMENT AWARD


honoring Master Perfumery Harry Frémont
NAMED CDP
"SUPPLY CHAIN LEADER"


accross Germany, Austria and Switzerland
PARTNERSHIP

with Jalalli Agarwood in Bangladesh to sustainably harvest high-quality oud
CALORIES

of sugar removed from food and beverage products in 2016
ILSI EUROPE

elected Dr. Benjamin Smith, Firmenich VP Toxicology and Scientific Services, to join their Board of Directors
WBCSD'S LEADING
WOMEN AWARD


given to Dr. Bérangère Magarinos-Ruchat, Vice President Sustainability
NATURALS TOGETHER
EVENTS


in Singapore and Indonesia
JOINED SHIFT'S BUSINESS
LEARNING PROGRAM


focused on human rights
ACHIEVED ZERO WASTE
TO LANDFILL


in 44% of our manufacturing sites
RENEWABLE ENERGY

powered the electricity needs of seven manufacturing sites
JOINED
SUSTAINABILITY
CONSORTIUM


to create more sustainable products
HYGIENE AND
SANITATION FOR ALL


with breakthrough malodor control technologies
RECOGNIZED BY BETTER SOCIETY NETWORK FOR ETHICAL BUSINESS

with its 2017 Ethical Business Award
LAUNCHED LEMAN
PERFUMERY PLANT


90% automation
30% increased capacity
30% water reduction
20% energy reduction
100% renewable energy

FEATURED STORIES

REIMAGINING PROTEIN

THE MALODOR CONTROL PROJECT

SHAPING THE FUTURE #NATURALSTOGETHER

TWO “FIRMENICH NEXT GENERATION” RESEARCH PROGRAMS

In Neurosciences at Stanford University, U.S., and the EPFL, Switzerland

NAMED CDP “SUPPLY CHAIN LEADER”

Across Germany, Austria, and Switzerland

WBCSD’S LEADING WOMEN AWARD

Given to Dr. Bérangère Magarinos-Ruchat, Vice President Sustainability

ACHIEVED ZERO WASTE TO LANDFILL

In 44% of our manufacturing sites

RENEWABLE ENERGY

More than 65% of our manufacturing electricity generated from renewable sources globally

RECOGNIZED BY BETTER SOCIETY NETWORK FOR ETHICAL BUSINESS

With its 2017 Ethical Business Award

Advancing United Nations Sustainable Development Goals

Advancing The UN SDGS

In line with United Nations Sustainable Development Goals (UN SDGs), we put our innovation to work to address key societal challenges, such as Hygiene & Sanitation, Health & Nutrition and Climate Change.
Learn more about our commitment to the UN SDGs here.

Our partners 2017

Partnering with The Bill & Melinda Gates Foundation

To solve today’s sanitation crisis, we successfully launched breakthrough technologies that effectively counter malodor, in partnership with the Bill & Melinda Gates Foundation, to reinvent toilets at the Base of the Pyramid.

To learn more about Bill Gate's personal perspectives on our partnership, we invite you to watch his "Smells of Success" message on Gates Notes.
Discover: Smells of Success on Gates Notes

Partnering with The Toilet Board Coalition

As a founding member and Vice-Chair of the Toilet Board Coalition, we contributed to the pledge of US$15 million to support innovative sanipreneurs who are reinventing the business model of toilets across India and Africa.

Learn more about the Toilet Accelerator Project, named one of Fast Company’s World Changing Ideas Awards 2017
Discover More on Fast Company’s World Changing Ideas Awards 2017

Partnering with World Business Council for Sustainable Development

As co-chairs of World Business Council for Sustainable Development (WBCSD)’s Sustainable Lifestyles Cluster, alongside P&G, we are working with a cross-section of like-minded visionary companies to make sustainable lifestyles aspirational for all. We call it “The Good Life 2.0”.
Learn more about “The Good Life 2.0”

Partnering with FReSH

In 2017 we joined FReSH, the Food Reform for Sustainability and Health initiative, launched at the World Economic Forum in Davos.
Learn more about FReSH

Partnering with Livelihoods Funds

Firmenich is an investor in both The Livelihoods Carbon Fund as well as the Livelihoods Fund for Family Farming. Through this partnership with Livelihoods, Firmenich seeks to create mutual value for smallholder farmers, businesses and society as a whole.
Learn more about Livelihoods Funds

Partnering with Forum for the Future

For almost a decade, Firmenich has been partners with Forum for the Future, one of the world’s leading think tanks on sustainable development. Through this partnership we actively participate in their Protein Challenge 2040, a multidisciplinary innovation platform that aims to reinforce protein as a crucial part of a sustainable food system.
Learn more about Forum for the Future

Find out more about Firmenich

Discover Who We Are

Find out more in our Introduction to Firmenich Video.

Check Out Our Performance & Sustainability Report 2017 For More


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