Firmenich Achieves Living Wage Certification for ALL Employees
THE WHAT? Firmenich announced that it has achieved Living Wage certification across all of its global operations, making it the second company in the world and the first in its industry to achieve this milestone.
THE DETAILS The group received Pioneer certification three years ahead of its target completion date following a rigorous external assessment by Fair Wage Network.
Having achieved its goal, the flavors and fragrances giant is now committed to promoting strong living wage practices across the entire value chain in collaboration with its customers and suppliers.
THE WHY ? Gilbert Ghostine, CEO of Firmenich, explains: “As a key pillar of our inclusive capitalism model, our progressive approach aims to create a positive impact for all our stakeholders, and our people are essential to making us thrive as a company. responsible business. Ensuring that people, everywhere, earn a living wage is an essential step towards building a more equitable and inclusive workplace and society. Fair Wage Network recognizes our concrete achievements in embedding fair compensation across our group and I am particularly pleased that this raises the standard in our industry. I hope this will inspire other organizations to join our efforts.