dsm-firmenich Reaches 100% Renewable Electricity Milestone
dsm-firmenich Achieves 100% Purchased Renewable Electricity
dsm-firmenich has recently announced an impressive milestone in its sustainability efforts by achieving its goal of sourcing 100% of purchased electricity from renewable sources, ahead of its original timeline.
Significance of This Achievement
This early accomplishment is a major step for the company as part of its long-term strategy aimed at achieving net-zero greenhouse gas (GHG) emissions throughout its operations and value chain by 2045. This ambitious target has been recognized and validated by the Science Based Targets initiative (SBTi).
Commitment to Renewable Energy
The initiative is part of dsm-firmenich's broader objectives, including a commitment to maintaining this high level of renewable electricity sourcing through 2030. Dimitri de Vreeze, the CEO of dsm-firmenich, remarked on the profound significance of reaching this goal, stating that it underscores the importance of sustainability at the core of the company’s operations.
Steps Taken to Achieve Goals
He emphasized that the proactive measures taken to fulfill these science-based targets demonstrate the collective effort of employees worldwide and mark a vital advancement towards a sustainable future.
Climate Change Commitment
Katharina Stenholm, Chief Sustainability Officer, also expressed pride in this achievement, noting that climate change is among the most pressing challenges today. The completion of this target is just the beginning, as the company continues its journey toward other long-term sustainability goals with its net-zero ambition serving as a guiding principle.
Renewable Sourcing Strategy
To reach this notable milestone, dsm-firmenich utilized a sourcing strategy that aligns with the technical requirements set forth by RE100, a global coalition of businesses which are committed to transitioning towards 100% renewable electricity. This coalition is managed by the Climate Group in partnership with CDP and focuses on creating zero carbon grids on a grand scale.
Power Purchase Agreements
The company's methodology included establishing long-term power purchase agreements with significant wind and solar energy projects in various regions including Europe and North America, in addition to enhancing renewable energy purchases in China through a series of contracts.
Expanding Energy Sources
In conjunction with renewable electricity, dsm-firmenich is broadening its energy focus to encompass renewable steam and heat produced from sustainably sourced biomass co-generation facilities located across Switzerland, France, China, and Brazil. The firm actively seeks to enhance its waste stream utilization and collaborates with partners to devise innovative low-carbon solutions to further lessen greenhouse gas emissions.
About dsm-firmenich
dsm-firmenich stands at the forefront of innovation in nutrition, health, and beauty, where it plays a vital role in manufacturing and integrating essential nutrients, flavors, and fragrances for a growing global population. With its extensive solutions that harness natural and renewable components alongside exceptional scientific and technological expertise, the company strives to create fundamental products that are not only desirable to consumers but also sustainable for society and the planet.
As a Swiss-based company with dual headquarters in Kaiseraugst, Switzerland, and Maastricht, Netherlands, dsm-firmenich operates in nearly 60 countries and has recorded remarkable revenues exceeding €12 billion.
Contact Information
For further inquiries, media relations contact Robin Roothans at +41 (0)79 280 03 96 or via email at media@dsm-firmenich.com.
For investor relations inquiries, Dave Huizing can be reached at +31 (0)88 425 7306 or via email at investors@dsm-firmenich.com.
Frequently Asked Questions
What milestone has dsm-firmenich recently achieved?
dsm-firmenich has achieved its goal of sourcing 100% of its purchased electricity from renewable sources, ahead of schedule.
What is the target for dsm-firmenich regarding net-zero emissions?
The company aims to reach net-zero greenhouse gas emissions across all operations and value chains by 2045.
How does dsm-firmenich source its renewable electricity?
The company employs power purchase agreements with wind and solar farms and enhances local renewable contracts.
What other sustainable initiatives is dsm-firmenich pursuing?
They are focusing on renewable steam and heat production while optimizing waste streams and working on low-carbon solutions.
Where can I find more information about dsm-firmenich?
More details can be found on their official website at www.dsm-firmenich.com.
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