- IMD Business School
News Stories · Operations

Firmenich turns hand to sanitizer to support Geneva’s healthcare

The IMD-Pictet sustainability award winner becomes the latest industry player to down tools and turn to the coronavirus cause.
March 2020

In response to the COVID-19 virus, Firmenich, the world’s largest privately owned perfume and taste company, is adapting the production of its Geneva manufacturing sites to donate 20 tons of disinfectant solution to Geneva University Hospital and medical and emergency services.

“As a responsible Swiss company, we must take action and lead by example, to help our local community during these exceptionally challenging times,” said Gilbert Ghostine, CEO of Firmenich.

The Geneva-based company was the inaugural winner of the 2019 IMD-Pictet Sustainability in Family Business Award, which celebrates family-owned businesses that stand out in their work and commitment towards sustainability.

Apart from its thriving fragrance and taste business, the company has recently ramped up its research and engagement in pursuing universal sanitation. Firmenich engaged in a research partnership with the Bill & Melinda Gates Foundation that led to developing a range of breakthrough malodor control technologies to make clean toilets smell good in an affordable and sustainable way.

Today Firmenich solutions are reaching populations in need through toilet cleaning products in India, South Africa and Bangladesh. Firmenich is also a founding member of the Toilet Board Coalition (TBC), a business-led public-private partnership, launched in 2014, which connects large and small companies to accelerate the sanitation economy and strives to achieve universal access to sanitation before 2030.

Latest
Alumni Stories Leadership
Leadership with a clear moral compass
Litong Zhang reveals how an IMD scholarship transformed his concept of what being a leader in business today means in terms of social impact
Leadership with a clear moral compass
News Stories Leadership
IMD appoints David Bach as its next President
David Bach, IMD’s Dean of Innovation and Programs and Rio Tinto Chair in Stakeholder Engagement, has been appointed as the institute’s next President, effective 1 September 2024.
IMD appoints David Bach as its next President
News Stories Social Innovation Entrepreneurship
‘Social entrepreneurship is at a point of convergence’
The 20th Annual Social Entrepreneurship Conference celebrated the growing maturity and legitimacy of social entrepreneurship and highlighted opportunities to amplify its impact through collaborative work across disciplines and sectors.