Perfumery & Beauty

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Reporting period

The Business Reviews include information from the combined entity for 12 months, which includes Firmenich as of 1 January 2023 (pro forma, see Concepts and ratios). It also includes information that is presented in accordance with IFRS, which includes Firmenich from the merger date onwards – whenever this is used this is specifically indicated.

dsm-firmenich is at the forefront of circular innovation and sustainable creation, driving transformative change in the perfumery and beauty industry. The launch of EcoScent Compass® Next Generation epitomizes our commitment to transparency and measured impact, underscoring our dedication to advancing sustainability across perfumery and beauty. Through our Science & Research team’s programs on circular ingredient innovation, responsible sourcing, and advancements in eco-extraction technologies, we ensure our palette of ingredients is future-ready to create delightful, high-performing solutions across Perfumery, Beauty, and Ingredients with rigorous sustainability standards.

Beyond product innovation, we strive to propel the industry forward by reinventing methods of creation that have a positive impact and lower the carbon footprint of our products and ingredients. We do this by leveraging our eco-tools, compaction design, eco-extraction technologies, biotech, and green chemistry. We also actively contribute to shaping the future of sustainable Perfumery, Beauty, and Ingredients. In 2023, we did this by sharing our expertise at a series of industry events, most prominently the Beauty Leaders’ Summit in Paris (France), Cosmoprof Global in Bologna (Italy), Cosmoprof Asia in Hong Kong (China), Exsence in Milan (Italy), and the Fragrance Innovation Summit in Paris (France). Through our thought leadership at these and other events, we influenced conversations among key perfumery stakeholders, driving collective progress across the industry. More broadly, we catalyze industry-wide change through global engagement and continuous support for customers who are navigating their own sustainability transformations, offering collaboration and guidance to support the delivery of eco-friendly products that respond to consumers’ aspiration for a healthier planet.

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