| 1 Flavor, Fragrance & Inclusive Supply Chains Paul Scott.

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Presentation transcript:

| 1 Flavor, Fragrance & Inclusive Supply Chains Paul Scott

| 2 Firmenich?  The largest privately owned company in the fragrance and flavor industry ($3 Billion)  In our 5 th generation of 100% family-owned leadership (founded in Geneva in 1895)  Over 6’000 Employees in 60 countries  Touch 2 billion people across the world with our products.

| 3 Sustainable Sourcing Program (Naturals)  Our natural sourcing initiative works with farming communities to provide sustainable supply chains and certified ingredients(organic, fair trade, rainforest alliance)  The program provides traceability for key ingredients and a deep/ unique story for consumers. T ransparency R esults A vailability C ollaboration E mpowerment: VanillaVetiverCopahu OilPatchouliFloralsTonka BeansCitrusMint

| 4 What have we learnt? Managed Risks & Exploited Opportunities: Quality, traceability, price, governance. heart of our success with visibility. Value to Business/ Customers Family values: Patience, pride & high level leadership. F&F Industry: Innovation, creativity, passion. Organizational Culture Suppliers: Local knowledge, business relationship, longevity, trust. Donors/ NGOs: Expertise, discipline, rigor, advice, money! Partnerships Community Participation/ Grass Roots Focus, Core business drives focus, Sustainability Framework, Suppliers, Customers/ Products A Framework not a Model

| 5 THANK YOU !

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