Integrated Annual Report 2024

The extreme climate impacts we are seeing globally – from warmer temperatures to drought and rising sea levels – are contributing to unprecedented destruction of biodiversity and the loss of the natural resources on which we all depend. At dsm-firmenich, we increasingly view climate and nature as one interlinked topic, which is why we seek to develop the required solutions with an equally interlinked approach.

Highlights

We achieved validation of our net-zero and near-term climate targets by the Science Based Targets initiative (SBTi)

We developed our first dsm-firmenich Climate Transition Action Plan (CTAP) in 2024 to support the delivery of our near-term and net-zero targets

Aligned to our new targets and supported by the new CTAP, we have:
  • Delivered a 27% reduction in Scope 1 & 2 versus the 2021 baseline
  • Delivered a 20% reduction in Scope 3 versus the 2021 baseline
  • Purchased 95% of our electricity from renewable sources

We kicked off our new supplier engagement program, 'Joining Forces for NetZero', a program intended to drive collaborative decarbonization efforts with suppliers

We continued to enable our nature agenda through representation at COP16 and as a signatory to the Business for Nature COP16 Business Statement, while also expanding our biodiversity programs through, for example, pocket forest programs in India, mangrove planting in Indonesia, and restoration activities in New Jersey

Bovaer® continued to play a key role in helping customers reduce methane emissions from their agricultural value chain emissions. By the end of 2024, cumulative avoided emissions were 220,000 tons CO2e

Gold perfume bottle in natural environment (photo)

Perfumery & Beauty:
Creating an award-winning fragrance with universal appeal

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Person holding a porridge bowl and a spoon with porridge and fruits (photo)

Taste, Texture & Health:
Working in synergy to formulate a new yogurt range

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A person holding a glass full of yellow pills (photo)

Health, Nutrition & Care:
Accelerating a customer’s transition to algal omega-3

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