Nestlé to invest billions to reduce its carbon footprint

Nestlé to invest billions to reduce its carbon footprint

Focusing on regenerative agriculture and moving to renewable electricity, Nestlé redoubles efforts to combat climate change

Vevey, Switzerland

 

As a signatory of the UN ‘Business Ambition for 1.5°C’ pledge, Nestlé is one of the first companies to share its detailed, time-bound plan (pdf, 10Mb) and to do so ahead of schedule. The company is taking measures to halve its emissions by 2030 and achieve net zero by 2050 – even as the company grows.

Actions focus on supporting farmers and suppliers to advance regenerative agriculture, planting hundreds of millions of trees within the next 10 years and completing the company’s transition to 100 percent renewable electricity by 2025. Additionally, Nestlé is continuously increasing the number of ‘carbon neutral’ brands.

Nestlé Chairman Paul Bulcke said, “The Board recognizes the strategic importance of taking decisive measures to address climate change. It supports accelerating and scaling up our work to ensure the long-term success of the company and to contribute to a sustainable future for generations to come.”

This roadmap is the result of a complete review of Nestlé’s businesses and operations to understand the depth of the challenge and determine the actions needed to address it. The company emitted 92 million tonnes of greenhouse gas emissions in 2018, which will serve as the baseline for measuring progress. 

“Tackling climate change can’t wait and neither can we. It is imperative to the long-term success of our business,” said Mark Schneider, Nestlé CEO. “We have a unique opportunity to address climate change, as we operate in nearly every country in the world and have the size, scale and reach to make a difference. We will work together with farmers, industry partners, governments, non-governmental organizations and our consumers to reduce our environmental footprint.”

Nestlé’s work to get to net zero spans three main areas:

  • The company is already working with over 500 000 farmers and 150 000 suppliers to support them in implementing regenerative agriculture practices. Such practices improve soil health and maintain and restore diverse ecosystems. In return, Nestlé is offering to reward farmers by purchasing their goods at a premium, buying bigger quantities and co-investing in necessary capital expenditures. Nestlé expects to source over 14 million tons of its ingredients through regenerative agriculture by 2030, boosting demand for such goods.

    Nestlé is also scaling up its reforestation program to plant 20 million trees every year for the next 10 years in the areas where it sources ingredients. More trees mean more shade for crops, more carbon removed from the atmosphere, higher yields and improved biodiversity and soil health. The company’s primary supply chains of key commodities, like palm oil and soy, will be deforestation-free by 2022. Through efforts like these, Nestlé is building longer term partnerships and providing farming communities with greater certainty and higher incomes. 

  • In its operations, Nestlé expects to complete the transition of its 800 sites in the 187 countries where it operates to 100% renewable electricity within the next five years. The company is switching its global fleet of vehicles to lower emission options and will reduce and offset business travel by 2022. It is also implementing water protection and regeneration measures and tackling food waste in its operations.
  • Within its product portfolio, Nestlé is continuously expanding its offering of plant-based food and beverages and is reformulating products to make them more environmentally friendly. It is increasing the number of ‘carbon neutral’ brands it offers to give consumers the opportunity to contribute to the fight against climate change. Garden Gourmet plant-based food as well as Garden of Life supplements will achieve carbon neutrality by 2022; Sweet Earth plant-based food, among other brands, will do the same by 2025. These come on top of Nespresso, S.Pellegrino, Perrier and Acqua Panna‘s commitment to carbon neutrality by 2022, with the rest of the Nestlé Waters category achieving the same by 2025.

Magdi Batato, Executive Vice President and Head of Operations, said, “With nearly two-thirds of our emissions coming from agriculture, it is clear that regenerative agriculture and reforestation are the focal points of our path to net zero. These efforts will reduce emissions and improve biodiversity at scale. We will also continue to eliminate emissions from our operations and make improvements in our product portfolio. We have our work cut out for us and we are committed to delivering.”

The company expects to invest a total of CHF 3.2 billion over the next five years to accelerate our work, including CHF 1.2 billion to spark regenerative agriculture across the company’s supply chain. These investments will be financed primarily through operational and structural efficiencies to keep this initiative earnings neutral.

Nestlé has had its emissions reduction targets approved by the Science Based Targets initiative (SBTi), as consistent with levels required to meet the goals of the Paris Agreement. SBTi is a collaboration of non-profit organizations that is considered the international gold standard on assessing net zero commitments. Nestlé will provide annual updates to provide transparency on its progress.

Contacts:

Media:
Christoph Meier Tel.: +41 21 924 2200
mediarelations@nestle.com

Investors:
Luca Borlini Tel.: +41 21 924 3509
ir@nestle.com

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REM Analytics: Uncovering new applications in microbiome, certification and food safety

REM Analytics: Uncovering new applications in microbiome, certification and food safety

A science is only as good as its measurement tools. Based in Monthey (Canton of Valais), REM Analytics offers solutions for measuring genetic composition in mixed DNA samples. 

DNA analysis, particularly when applied in microbiome, has the potential to provide breakthrough solutions in countless industries. Swiss startup REM Analytics is looking at microorganisms through the lens of DNA to uncover new opportunities in personalised nutrition, precision medicine, food authenticity, agriculture and more.

We sat down with founder and CEO, Dr. Paulo Refinetti, to ask three questions about what they’re working on.

SFNV: What’s the founding story behind REM Analytics; and what made you pick this specific field of innovation?


Dr. Paulo Refinetti: REM Analytics started as a company at the end of my doctoral research project at EPFL with co- founders Prof. Stephan Morgenthaler, Dr. Anna Surowska and Dr. Per Ekstrom in 2017, but the underlying inspiration comes from the work done in the 1980’s by our friend and mentor Prof. William Thilly on Cycling Temperature Capillary Electrophoresis (CTCE).

 

I am a statistician, and during my PhD I was attempting to model cancer and tumour growth in humans. This was difficult, but the problem was not in the modelling or statistics the project involved; the challenge came from the lack of sufficiently accurate data. It was at this point that I realised that the measurement tools we use in life science do not provide us with the quality data we require, and this is the limiting factor on much of scientific progress. My PhD supervisor and co-founder, Prof. Morgenthaler, introduced me to the work of Prof. Thilly on CTCE, which is a method for detecting, characterizing and quantifying variations in genetic sequences using mutational spectroscopy. This realization that we can find genetic mutations struck me as something very powerful, and I was convinced that CTCE could become the measurement tool that was missing in biotech. At this point the idea and technology was raw, so I worked with Stephan and Per on enhancing CTCE with bioinformatics and robust mathematical models, and with Anna on putting all the pieces of the ‘business puzzle’ together to launch our technology as a company.

CTCE, following all our innovations and improvements, became what we like to call Advanced Testing for Genetic Composition (ATGC). ATGC is the DNA-analysis platform we’re based on, and it provides the most advanced method of genetic analysis available. The result is REM Analytics. 

 

Tell us more about the solution you’re developing: at what stage of product development are you?

P. R : DNA analysis, particularly when applied in microbiome, has the potential to provide breakthrough solutions in countless industries. If we start looking at organisms or microorganisms through the lens of DNA, there are opportunities to offer new solutions in personalised nutrition, precision medicine, skincare, food authenticity, bioprocess management or even agriculture. The exciting thing is that these fields of research are still largely unknown and undiscovered. This genetic information available to companies in pharmaceuticals, food, agriculture and cosmetics is a valuable strategic asset. By fully leveraging this information, leading companies can gain a competitive edge while maximising the success, efficiency and Net Present Value (NPV) of their R&D projects. REM Analytics’ provides an end-to-end research & development service to do just that. We translate raw biological samples into actionable data that is user-friendly for research teams.

Our research and development service is unique due to the capabilities of ATGC, our proprietary genetic measurement platform. ATGC does not use sequencing and thus can achieve a high-throughput, strain-level resolution and unrivalled quantitative accuracy. It is also highly versatile, allowing us to customize the analysis to your specific questions. Providing solutions always begins with us listening. We extensively discuss with our partners to understand their objectives and challenges and we tailor our analysis accordingly. Then we run the customized analysis from our fully operational labs in Monthey, Switzerland.  

 

What’s coming next for REM Analytics ? 

P.R : Our main focus over the coming months will be to successfully complete the series of projects we are currently running with various partners. These projects have been a great opportunity for us to really adapt our technology and experience to diverse fields of application, and fine-tune small features of our analytical platform, notably the IT back-end. We are also looking forward to meeting and discussing with leading, innovation-driven companies and institutions who are seeking to improve their R&D efficiency and integrate cutting-edge biotechnology to differentiate and prove the efficacy of their products.

Over the long-term, the vision is to scale our capabilities, by developing more core technologies that can be deployed to other domains of life sciences. These would be developed as our own solutions and would be spin-offs of our model and technology.

 

Find out more:

REM Analytics is located in the BioArk in the Swiss canton of Valais, a region with a long tradition in life sciences.

 

FOR TECHNOLOGY-RELATED INQUIRIES

contact Paulo Refinetti

FOR BUSINESS AND PARTNERSHIP INQUIRIES

contact Anna Surowska

 

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5 Strategic Axes to advance scientific innovation in food, agriculture, and nutrition

5 Strategic Axes to advance scientific innovation in food, agriculture, and nutrition

Lausanne, 24th November 2020 

By bringing together key players, including local authorities, companies, universities and associations, the SFNV will cultivate a comprehensive ecosystem to facilitate the exchange of expertise and advance Switzerland’s cutting-edge innovation capacities.

Following voting during its General Assembly, the Swiss Food & Nutrition Valley association last week adopted five strategic axes designed to address major global food and nutrition challenges. These areas have been selected to align with Switzerland’s competitive capabilities, while also addressing the most vital complex challenges of the food systems beyond our borders.

1. Protein Alternatives

Protein Alternatives refer to plant-based and food-technology replacements for animal protein. Food manufacturers are primarily using plants, mycelium, algae or microbes to replace traditional meat, dairy or seafood ingredients.

2. Precision Nutrition & Healthy Ageing

Precision Nutrition refers to a new scientific discipline, such as nutrigenomics, which focuses on the relationship between genes, nutrition and health. It seeks to explain how our bodies respond to what we eat and drink – and how we can use that knowledge to promote better health.

3. Food Systems 4.0

Food Systems 4.0 refers to the digitisation process taking place across the entire food supply chain; from traceability and provenance of raw ingredients to food safety solutions in the manufacturing process, to consumer-facing digital tools for better information access.

Agricultural vehicle in a green field

4. Precision Farming

Precision Farming refers to the use of high-tech robotics, data analytics and digital tools for more accurate monitoring of soil, irrigation and strip tilling. When supported by precision farming solutions, crops are more inclined to thrive.

5. Sustainable Packaging

Sustainable Packaging refers to the sourcing, development and use of packaging solutions that have a minimal environmental impact and low footprint.

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Switzerland Driving the Future of Food @Bangalore Tech Summit | 20.11.2020

Switzerland Driving the Future of Food @Bangalore Tech Summit | 20.11.2020

Switzerland: Driving the future of food and nutrition

WEBINAR: Swiss agri-food experts at Bangalore Tech Summit 2020 | 20.11.2020 at 10.30am

Did you know that 2.6 billion francs are invested in food innovation, with F&B exports reaching 8.9 billion per year?  A unique ecosystem has emerged from Geneva to Zurich, due to Switzerland’s deeply rooted agricultural tradition, an unmatched density of world leading companies and scientific institutions as well as a large number of start-ups in areas such as food, nutrition, life sciences and robotics.

As we continue to push the case for the Food and Nutrition Valley in Switzerland, we ask the creators, the integrator and an innovator about their views on how this plays out in the global ecosystem. And how could India, and specifically, Karnataka contribute or benefit from Switzerland’s expertise.

SPEAKERS

Alexander Mathys
Professor, Sustainable Food Processing, ETH Zurich

  • Dr. -Ing. Alexander Mathys is a food technologist and has been Assistant Professor (Tenure Track) in Sustainable Food Processing at ETH Zurich since 2015. He received his doctoral degree in food processing in 2008. Dr . Mathys is the author of more than 80 publications (incl 10 patent applications,) and was selected IFT W.K. Kellogg International Food Security Award Winner 2020, Young Researcher of the 60th Meeting of Nobel Laureates 2010, and Einstein Young Scholar 2010 at Falling Walls 2010.
Olga Dubey

  • Dr. Olga Dubey is the co-founder and CEO of AgroSustain SA. Following her PhD thesis, Olga decided to focus on the applied research understanding the need for sustainable agriculture, aiming to provide high-quality food with no negative impact on the environment and human health. That led to the foundation of AgroSustain – a Nyon (Agroscope) based startup that develops multiple solutions to fight the food waste, starting with biological freshness extension solutions for fruits and vegetables and followed by the antifungal biological solutions.
  • Dr Fabian Wahl is the Head of the ‘Food Microbial Systems’ Strategic Research Division at Agroscope. Previosly Fabian worked for the Merck Group, as Head of New Business and was responsible for developing and implementing corporate strategy.

  • Fathi Derder is currently the Managing Director at the Swiss Food & Nutrition Valley. He is a journalist by training, with about 12 years of experience working at the public service radio station (Radio Suisse Romande) as a senior reporter, before becoming the deputy editor-in-chief. In 2008, he launched a regional private television of which he is the editor-in-chief. He was a Member of the National Council (federal parliament) from 2011 to 2019. 

 

Moderator: Sebastien Hug, CEO & Consul General, swissnex India

Organized by swissnex India, book your ticket here.

 

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Le Canton de Fribourg joins the SFNV.

Le Canton de Fribourg joins the SFNV.

The Canton of Fribourg has joined today the Swiss Food & Nutrition Valley association, whose aim is to increase the international visibility and networking of the Swiss agri-food sector.

At today’s general assembly, the Swiss Food & Nutrition Valley (SFNV) association welcomed the Canton of Fribourg as a new member. Together with the canton of Fribourg, Agroscope and the Food & Nutrition Cluster have also joined the association. Thanks to its proven skills in this sector, the Canton of Fribourg can make a significant contribution to the development of this network and help shape its future development. 

“Bioeconomy and the agrifood sector represents an essential pillar of the Fribourg economy. Becoming a member of the Swiss Food & Nutrition Valley is moving in the direction of a development strategy for this sector beyond cantonal or even national borders.” adds Olivier Curty, Director of Economy and Employment at the State of Fribourg.

The SFNV is very happy to welcome the Canton of Fribourg as a member, a central player in the food industry in Switzerland, and an essential bridge between French-speaking and German-speaking Switzerland“, welcomes Christian Nils Schwab, President of the Executive Committee of the Swiss Food & Nutrition Valley.

Fribourg: one of the most dynamic cantons in the agrifood sector

The canton of Fribourg aims to be a Swiss leader in the food industry and is characterized by an impressive density of food companies of national and international dimension. As a result, this sector has importance in terms of employment and an added value that greatly exceeds the Swiss average. The dynamism of the sector is also reflected in both private and public investments. Thus, the expansion of the Nespresso plant in Romont (with its center of excellence) represents an investment of 160 million francs and the creation of 300 jobs. Micarna has also just announced an investment in one of the most modern poultry processing plants in Europe with 500 jobs.

In addition, Fribourg, which already hosts the Food & Nutrition Cluster with nearly 90 members, will also host the NTN Innovation Booster “Next Generation of Food Ecosystems” from next year, a national network focused on nutrition, the circular economy and sustainable packaging.

The State of Fribourg, for its part, invests and continues to invest in the bioeconomy and its sites for agro-food innovation such as the AgriCo Campus in Saint-Aubin (FR), dedicated to the creation of value in the fields agriculture, nutrition and biomass. The Agricultural Institute of Grangeneuve is developing its competence center for raw milk, and thanks to the upcoming establishment of the new Agroscope headquarters, the number of employees of the Federal Institute will increase from 130 to 450 employees.

This ecosystem dedicated to the food industry also benefits from synergies with the University of Fribourg, the Swiss Integrative Center for Human Health (SICHH), the Swiss NanoAnalytics of the Adolphe Merklea Institute as well as the HES-SO.

This whole environment is particularly favourable to innovation, since it creates a permanent emulation between actors with varied expertises and backgrounds. The meeting between the rich agro-food traditions of our canton and companies at the forefront of research offers exceptional opportunities“, notes the State Councilor of Fribourg, Didier Castella, in charge of agriculture

International visibility thanks to the Swiss Food & Nutrition Valley

With its membership, the canton of Fribourg will be able to strengthen the Swiss Food & Nutrition Valley, on one hand thanks to its many skills as well as its function as a link between French-speaking and German-speaking Switzerland. On the other hand, Fribourg will benefit from the international influence of this young and dynamic network, founded in spring 2020 by the canton of Vaud, Nestlé, the Ecole hôtelière de Lausanne and the EPF Lausanne.

State Councilor Olivier Curty: “We consider the Swiss Food & Nutrition Valley to be complementary to the Food & Nutrition Cluster. The main objective of the cluster is to strengthen cooperation between the various regional and national actors in the food sector. The Swiss Food & Nutrition Valley, for its part, will make our skills and our wealth in the food sector visible at international level.

Renseignements

Olivier Curty, Conseiller d’Etat, Directeur de l’économie et de l’emploi, T +41 26 305 24 00

Jerry Krattiger, Directeur de la Promotion économique du canton de Fribourg, T +41 26 304 14 00

Fathi Derder, Directeur de la Swiss Food & Nutrition Valley, M +41 79 469 61 48

We consider the Swiss Food & Nutrition Valley to be complementary to the Food & Nutrition Cluster. The main objective of the cluster is to strengthen cooperation between the various regional and national actors in the food sector. The Swiss Food & Nutrition Valley, for its part, will make our skills and our wealth in the food sector visible at international level.

Olivier Curty

Director of Economy and Employment, State of Fribourg

The SFNV is very happy to welcome the Canton of Fribourg as a member, a central player in the food industry in Switzerland, and an essential bridge between French-speaking and German-speaking Switzerland.

Christian Schwab

Chairman of the Executive Committee, Swiss Food & Nutrition Valley

This whole environment is particularly favourable to innovation, since it creates a permanent emulation between actors with varied expertises and backgrounds. The meeting between the rich agro-food traditions of our canton and companies at the forefront of research offers exceptional opportunities

Didier Castella

State Councilor of Fribourg for Agriculture

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Firmenich: To stand for quality, you have to stand for responsibility

To stand for quality, you have to stand for responsibility. You simply cannot have one without the other.

A conversation with Firmenich’s Dr Bérangère Magarinos-Ruchat

Firmenich’s Dr Bérangère Magarinos-Ruchat is a firm believer in the power of collaboration. Chief Sustainability Officer at taste and fragrance creator Firmenich is thoroughly convinced that business is capable of driving social change. And she believes that much more in this field can be achieved in partnership than in isolation.

Firmenich is the world’s largest privately-owned perfume and taste company. Founded in Geneva in 1895, the family business has developed some of the world’s most well-known tastes, ingredients and fragrances, with a portfolio that spans synthetic, natural and biotech molecules. Specialities include seafood, citrus, vanilla and mint.

Lauded for its creativity and innovation, the 125-year-old multinational is also renowned for its commitment to sustainability. Firmenich has been a signatory of the United Nations Global Compact since 2008, and a LEAD signatory since 2019, and joined the Swiss Triple Impact network this year. The company also reinvests 10% of its annual revenue into research and development to explore renewable resources and sustainable sourcing.

In an interview to honour Firmenich’s new membership with the Swiss Food & Nutrition Valley, Magarinos-Ruchat shared her views on corporate responsibility, sustainability and nutrition.

Dr Bérangère Magarinos-Ruchat has ample form when it comes to sustainability, having worked for many years at the UN and latterly as VP Sustainability Partnerships at Firmenich prior to her current role. In conversation, her enthusiasm and dedication to this mission, guided by the UN’s Sustainable Development Goals (SDGs), is palpably obvious. These 17 goals unite many of Firmenich’s concerns, from wellbeing to public health, to nutrition and climate change.

Creating tastes and aromas capable of evoking great emotions, Firmenich’s tastes and fragrances are consumed by four billion people every day. The company is propelled by its desire to make a positive impact in every sense of the word, in every corner of the world: for their customers and consumers, for society and the planet. In an interview to honour Firmenich’s membership of the Swiss Food & Nutrition Valley (SFNV), Magarinos-Ruchat spoke of all this and much more.

Dr Bérangère Magarinos-Ruchat

Chief Sustainability Officer at Firmenich

Call me Berry“, she says – aptly, given her position in a company whose first taste was a raspberry substitute.

At Firmenich we are driven by our mission to create positive emotions through taste and aromas. The tastes and fragrances we produce aim to enhance wellbeing. We have designed some of the most popular tastes out there – four billion consumers every day experience a moment of delight thanks to a Firmenich taste or fragrance.

Firmenich is a company driven by science. Our founders actually started out developing chemicals. We are 125 years old, but it was only in 1938 that the first Firmenich taste – a raspberry substitute – was created. We even won the Nobel Prize in Chemistry in 1939! These scientific roots continue to inform the work we do today. We have just launched our first AI-created taste, a lightly grilled beef to use in plant-based meats.

We blend science with emotion. For more than 30 years, Firmenich has been working with world-leading experts and research institutions to enhance our understanding of the human senses of smell and taste, and the science that underpins the emotions that tastes and fragrances inspire in us. The work we do in this field allows us a deeper understanding of these emotions, so we can build pioneering tools and technologies for our customers.

We are 125 years old, but it was only in 1938 that the first Firmenich taste – a raspberry substitute – was created.

It is no coincidence that Switzerland is home to a wealth of science-driven businesses in our industry.

With its academic institutions, infrastructure and excellent research talent, the Swiss ecosystem is very conducive to these kinds of businesses emerging. We still lean on and draw from Switzerland’s favourable research environment today.

Our motto is ‘Doing good, naturally’. Nature is our inspiration and that is a distinctly Swiss notion that informs everything we do. Our Naturals range, which includes vanilla, cardamom and citrus, encompasses 170 different products sourced from over 40 countries. We cultivate strong supplier relationships and we are innovating at source by investing in technology that extracts the tastes more gently, and more efficiently. As a result, this actually means we can use fewer raw materials.

Firmenich is the world’s largest privately-owned perfume and taste company.

Source: Firmenich

The needs of our customers are rapidly evolving.

As COVID-19 has emerged, we have observed a change in food and beverage preferences. There has been a shift towards immunity-boosting benefits and natural tastes that enhance wellbeing, which we are responding to and providing for our customers.

We try to balance wellbeing and health with moments of pure enjoyment. We are constantly asking: how do we create foods that are better for the body but still taste fantastic? We are seeing a huge move towards that ethos, something that we have been championing for years. There is a push towards sugar and salt reduction, plant-based proteins and enhanced nutrition. We provide these benefits, while enveloping them in the overall taste experience through taste, texture and aromas. It is really about the whole experience.

One innovative area linked to our sustainability strategy is our work on green proteins. These have the potential to transform the global diet. We are particularly interested in making these plant-based meat alternatives taste delicious. If consumers fall in love with the product, changing to a more sustainable diet becomes much easier. When you explain the connection between what we eat and habitat loss, people are inspired to take action. Eating less meat is a fantastic way to do that. And we are more than happy to be part of that solution.

Nature is our inspiration and that is a distinctly Swiss notion that informs everything we do.

Source © CombyAVM, Unsplash, Firmenich

We are striving to strike a balance between healthy people and a healthy planet.

Obesity is the greatest burden on public health systems around the world. We are tackling this with new innovative tastes and ingredients that allow us to reduce sugar, but that still taste amazing. It is a breakthrough for nutrition, but also quite an achievement for sustainability. Using less sugar saves resources and water, as sugar cane is a very water-intensive crop.  We are striving to find solutions like this that have a double positive impact on people and the planet.

Your sustainable vision has to be built into your product from the beginning.

To stand for quality, you have to stand for responsibility. You simply cannot have one without the other. An unsustainable company will not thrive, whereas a resilient business can better weather a crisis. That has become more apparent than ever during the COVID-19 crisis. Companies that are socially engaged and climate resilient are faring much, much better during this pandemic.

We started our journey towards B Corp certification a few months ago. This will allow us to take our globally recognised environmental and social performance to a new level. However, our commitment to sustainability is not new. Firmenich has embodied this spirit for many years; in fact, we were ahead of the curve. It is not a story to win over customers, it is who we really are.

The business started its modern-day journey towards sustainability in 1991. Frédéric Firmenich signed the first International Chamber of Commerce Declaration on Sustainable Development, just before the word ‘sustainability’ was invented in Rio de Janeiro in 1992. For him, sustainability meant: what kind of planet are we going to transfer to the next generation? He wanted to pass down a company to his children that was a gift, not a problem.

Source ©

In the 1990s, a lot of companies were engaged in pollution and exploitation. At the end of the day this turned out to do more harm than good.

It damaged their reputations and cost them money. Firmenich saw the bigger picture. In those early days when sustainability was not something that customers and consumers were necessarily looking for, our family ownership gave us the freedom to make long-term decisions to do better. A mindset that is now so on trend.

You can do a lot of work on corporate sustainability without actually being sustainable. Companies can do the reporting, sign the commitments, pay their employees fairly, but if the products they sell are not sustainable, what is the point? Your sustainable vision can be built into your product from the beginning. Firmenich models end-to-end sustainability, from ethically sourcing vanilla from farmers in Madagascar all the way to creating our products and serving our consumers.

Today we find ourselves in an urgent and unprecedented situation. We have a global coronavirus pandemic, but obesity is a global pandemic of its own. There is a climate emergency. We are tackling these issues, but we cannot do it alone. Everything we have achieved so far has been in collaboration – with clients, academics, the Swiss government. SDG 17 is all about partnerships and, for us, the SFNV is a chance to engage in strong collaborative action, working with other diverse stakeholders to multiply our impact.

Firmenich’s membership to the Swiss Food & Nutrition Valley is also an opportunity to leverage Switzerland as a hub for the future of food. It is an amazing chance to balance science and know-how, to pair startups with old companies. Firmenich as a company is 125 years old, right, and through the SFNV we will be engaging with startups, with young scientists, and I think some absolutely fascinating innovation is going to arise from these partnerships.

Its through partnership that we can ensure to work towards delivering a more sustainable and responsible food system. Now more than ever, food companies need to consider not only how to make food taste great but also better for our planet and people, at scale.

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