Firmenich Joins RE100 and Reaches 100% Renewable Power Across Its European and US Manufacturing Sites

Image
Press Trust of India GENEVA
Last Updated : Jan 11 2019 | 10:20 AM IST

/ -- Firmenich is proud to have joined RE100, a global initiative of the world's most influential companies, all committed to 100% renewable power. Today, Firmenich manufacturing sites in the U.S. and Europe are operating with 100% renewable electricity, as the Group gets closer to meeting its ambitious goal of 100% renewable electricity across all of its production sites by 2020. Firmenich joins more than 160 major businesses in the global RE100 initiative, which is led by the international non-profit "The Climate Group" in partnership with "CDP". Other members of the RE100 include Google, Lego, Apple and Nike.

(Logo: https://mma.prnewswire.com/media/798187/Firmenich_Logo.jpg )
(Logo: https://mma.prnewswire.com/media/806749/RE100_Logo.jpg )
"With all of our manufacturing sites in the U.S. and Europe currently 100% powered by renewable electricity, I am confident we will reach our goal of 100% for all our sites worldwide by 2020," said Gilbert Ghostine, CEO Firmenich. "It is critical that business partners together to tackle climate change with a sense of urgency, which is why we have joined RE100 and the 160 world-class companies committed to driving the world's economy towards sustainability."
"In 2018, 78% of our global electricity came from renewable sources, and we are on our way to reach 90% of renewable electricity globally in 2019," added Jane Sinclair, Head of Legal & Compliance and General Counsel, Firmenich. "Our teams are fully dedicated to fighting the urgent climate crisis and scaling up our actions with other like-minded companies in the RE100 initiative."
"By joining RE100 and committing to source 100% renewable electricity by 2020, Firmenich is proving that it's possible for big businesses to set ambitious targets that speed up the global transition to clean energy," said Sam Kimmins, Head of RE100, The Climate Group. "This is the kind of corporate climate leadership that will help us stay below 1.5 degrees global warming and deliver a robust, sustainable economy."
"To achieve our goal of 100% renewable electricity by 2020, we are not only relying on the purchase of green electricity, we are also collaborating with our suppliers to develop onsite clean solutions such as wind power and solar energy," commented Neil McFarlane, Senior VP Quality, Health, Safety, Security & Environment, Firmenich. "We look forward to partnering with RE100 and its member companies to push our thinking and help ease the transition towards a more sustainable global economy."
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 http://www.firmenich.com

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 11 2019 | 10:20 AM IST

Next Story