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This is an opportunity to get together the FoodTech community and keep you updated about the latest news and some key players in the food and nutrition sector.
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A conversation with Firmenich’s Dr Bérangère Magarinos-Ruchat
Firmenich’s Dr Bérangère Magarinos-Ruchat is a firm believer in the power of collaboration. Chief Sustainability Officer at taste and fragrance creator Firmenich is thoroughly convinced that business is capable of driving social change. And she believes that much more in this field can be achieved in partnership than in isolation.
Firmenich is the world’s largest privately-owned perfume and taste company. Founded in Geneva in 1895, the family business has developed some of the world’s most well-known tastes, ingredients and fragrances, with a portfolio that spans synthetic, natural and biotech molecules. Specialities include seafood, citrus, vanilla and mint.
Lauded for its creativity and innovation, the 125-year-old multinational is also renowned for its commitment to sustainability. Firmenich has been a signatory of the United Nations Global Compact since 2008, and a LEAD signatory since 2019, and joined the Swiss Triple Impact network this year. The company also reinvests 10% of its annual revenue into research and development to explore renewable resources and sustainable sourcing.
In an interview to honour Firmenich’s new membership with the Swiss Food & Nutrition Valley, Magarinos-Ruchat shared her views on corporate responsibility, sustainability and nutrition.
Dr Bérangère Magarinos-Ruchat has ample form when it comes to sustainability, having worked for many years at the UN and latterly as VP Sustainability Partnerships at Firmenich prior to her current role. In conversation, her enthusiasm and dedication to this mission, guided by the UN’s Sustainable Development Goals (SDGs), is palpably obvious. These 17 goals unite many of Firmenich’s concerns, from wellbeing to public health, to nutrition and climate change.
Creating tastes and aromas capable of evoking great emotions, Firmenich’s tastes and fragrances are consumed by four billion people every day. The company is propelled by its desire to make a positive impact in every sense of the word, in every corner of the world: for their customers and consumers, for society and the planet. In an interview to honour Firmenich’s membership of the Swiss Food & Nutrition Valley (SFNV), Magarinos-Ruchat spoke of all this and much more.
Chief Sustainability Officer at Firmenich
“Call me Berry“, she says – aptly, given her position in a company whose first taste was a raspberry substitute.
At Firmenich we are driven by our mission to create positive emotions through taste and aromas. The tastes and fragrances we produce aim to enhance wellbeing. We have designed some of the most popular tastes out there – four billion consumers every day experience a moment of delight thanks to a Firmenich taste or fragrance.
Firmenich is a company driven by science. Our founders actually started out developing chemicals. We are 125 years old, but it was only in 1938 that the first Firmenich taste – a raspberry substitute – was created. We even won the Nobel Prize in Chemistry in 1939! These scientific roots continue to inform the work we do today. We have just launched our first AI-created taste, a lightly grilled beef to use in plant-based meats.
We blend science with emotion. For more than 30 years, Firmenich has been working with world-leading experts and research institutions to enhance our understanding of the human senses of smell and taste, and the science that underpins the emotions that tastes and fragrances inspire in us. The work we do in this field allows us a deeper understanding of these emotions, so we can build pioneering tools and technologies for our customers.
We are 125 years old, but it was only in 1938 that the first Firmenich taste – a raspberry substitute – was created.
It is no coincidence that Switzerland is home to a wealth of science-driven businesses in our industry.
With its academic institutions, infrastructure and excellent research talent, the Swiss ecosystem is very conducive to these kinds of businesses emerging. We still lean on and draw from Switzerland’s favourable research environment today.
Our motto is ‘Doing good, naturally’. Nature is our inspiration and that is a distinctly Swiss notion that informs everything we do. Our Naturals range, which includes vanilla, cardamom and citrus, encompasses 170 different products sourced from over 40 countries. We cultivate strong supplier relationships and we are innovating at source by investing in technology that extracts the tastes more gently, and more efficiently. As a result, this actually means we can use fewer raw materials.
Source: Firmenich
The needs of our customers are rapidly evolving.
As COVID-19 has emerged, we have observed a change in food and beverage preferences. There has been a shift towards immunity-boosting benefits and natural tastes that enhance wellbeing, which we are responding to and providing for our customers.
We try to balance wellbeing and health with moments of pure enjoyment. We are constantly asking: how do we create foods that are better for the body but still taste fantastic? We are seeing a huge move towards that ethos, something that we have been championing for years. There is a push towards sugar and salt reduction, plant-based proteins and enhanced nutrition. We provide these benefits, while enveloping them in the overall taste experience through taste, texture and aromas. It is really about the whole experience.
One innovative area linked to our sustainability strategy is our work on green proteins. These have the potential to transform the global diet. We are particularly interested in making these plant-based meat alternatives taste delicious. If consumers fall in love with the product, changing to a more sustainable diet becomes much easier. When you explain the connection between what we eat and habitat loss, people are inspired to take action. Eating less meat is a fantastic way to do that. And we are more than happy to be part of that solution.
Nature is our inspiration and that is a distinctly Swiss notion that informs everything we do.
Source © CombyAVM, Unsplash, Firmenich
We are striving to strike a balance between healthy people and a healthy planet.
Obesity is the greatest burden on public health systems around the world. We are tackling this with new innovative tastes and ingredients that allow us to reduce sugar, but that still taste amazing. It is a breakthrough for nutrition, but also quite an achievement for sustainability. Using less sugar saves resources and water, as sugar cane is a very water-intensive crop. We are striving to find solutions like this that have a double positive impact on people and the planet.
Your sustainable vision has to be built into your product from the beginning.
To stand for quality, you have to stand for responsibility. You simply cannot have one without the other. An unsustainable company will not thrive, whereas a resilient business can better weather a crisis. That has become more apparent than ever during the COVID-19 crisis. Companies that are socially engaged and climate resilient are faring much, much better during this pandemic.
We started our journey towards B Corp certification a few months ago. This will allow us to take our globally recognised environmental and social performance to a new level. However, our commitment to sustainability is not new. Firmenich has embodied this spirit for many years; in fact, we were ahead of the curve. It is not a story to win over customers, it is who we really are.
The business started its modern-day journey towards sustainability in 1991. Frédéric Firmenich signed the first International Chamber of Commerce Declaration on Sustainable Development, just before the word ‘sustainability’ was invented in Rio de Janeiro in 1992. For him, sustainability meant: what kind of planet are we going to transfer to the next generation? He wanted to pass down a company to his children that was a gift, not a problem.
Source ©
In the 1990s, a lot of companies were engaged in pollution and exploitation. At the end of the day this turned out to do more harm than good.
It damaged their reputations and cost them money. Firmenich saw the bigger picture. In those early days when sustainability was not something that customers and consumers were necessarily looking for, our family ownership gave us the freedom to make long-term decisions to do better. A mindset that is now so on trend.
You can do a lot of work on corporate sustainability without actually being sustainable. Companies can do the reporting, sign the commitments, pay their employees fairly, but if the products they sell are not sustainable, what is the point? Your sustainable vision can be built into your product from the beginning. Firmenich models end-to-end sustainability, from ethically sourcing vanilla from farmers in Madagascar all the way to creating our products and serving our consumers.
Today we find ourselves in an urgent and unprecedented situation. We have a global coronavirus pandemic, but obesity is a global pandemic of its own. There is a climate emergency. We are tackling these issues, but we cannot do it alone. Everything we have achieved so far has been in collaboration – with clients, academics, the Swiss government. SDG 17 is all about partnerships and, for us, the SFNV is a chance to engage in strong collaborative action, working with other diverse stakeholders to multiply our impact.
Firmenich’s membership to the Swiss Food & Nutrition Valley is also an opportunity to leverage Switzerland as a hub for the future of food. It is an amazing chance to balance science and know-how, to pair startups with old companies. Firmenich as a company is 125 years old, right, and through the SFNV we will be engaging with startups, with young scientists, and I think some absolutely fascinating innovation is going to arise from these partnerships.
Its through partnership that we can ensure to work towards delivering a more sustainable and responsible food system. Now more than ever, food companies need to consider not only how to make food taste great but also better for our planet and people, at scale.
About Légumes Perchés
More than an innovation, the Lausanne-based company markets a concept. The team of four who make it up installs market garden roofs, or “edible surfaces”. In short: local, urban and pesticide-free agriculture. Légumes Perchés also sets up associative or educational workshops, for example with nurseries or schools.
Growing Vegetables on the Moon
The team behind “Légumes Perchés” is also known for having worked on GrowBotHub: an EPFL-backed pilot that aims at creating a fully automated system to grow and harvest vegetables in extreme environments. The main focus of the pilot was to design an autonomous system that will minimize the required resources.
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The search for the 2021 cohort, comes following news that EIT Food has provided more than €10 million in direct financial support across its Business Creation programmes in 2020. This support has helped entrepreneurs to grow and scale their impact faster – from help with market testing new ideas, providing access to experts, connections to corporate partners across the food industry, and support with investors. Last year, successful EIT Food startups raised more than €91 million in external investments as a result of the programme.
The food system faces major challenges if the world is to meet the UN Sustainable Development Goals and adhere to the Paris Agreement climate targets. Yet, less than 4% of startups in Europe are in the agrifood space, creating a huge market opportunity for innovators, investors and entrepreneurs alike.
From aspiring entrepreneurs with new business ideas across universities and education centres, to early stage startups and scaleups wanting to expand internationally, EIT Food is looking for ideas and businesses across European markets, designed to have the highest impact when shaping the future of food, and aligned with the European Commission’s Farm to Fork Strategy. The search focuses on new ideas across six key focus areas; sustainable agriculture, sustainable aquaculture, alternative proteins, digital traceability, circular food systems and targeted nutrition.
In the first ever virtual EIT Food Venture Summit, on 17 and 18 November 2020, investors and corporates will be able to explore commercial partnerships and investment opportunities with 130+ high-impact startups and will hear pitches from a select group of some of EIT Food’s existing partners and entrepreneurs. Interested new startups will also have an opportunity to learn about flagship programmes and connect with other agritech leaders.
Our purpose at EIT Food is to create a culture across Europe for entrepreneurship to thrive. Only a spirit of entrepreneurship will help Europe to make the transformation we need, creating a food system fit for the future, that is healthy, sustainable, and meets the needs of a growing population.
Today we are calling for new ideas from experts, innovators and investors, right across the food system. We encourage anyone who has an idea or a business that can make a real difference, with potential to scale and grow, to apply for this once in a lifetime opportunity.
Brij Sahi, Co-Founder and CEO of SwissDeCode, says: “EIT Food has enabled us to tap into some of the largest corporations in the world and to establish proof of concepts with them. This opportunity means we can directly engage with corporates and discuss on a one-to-one basis what we could do together.”
Those that join the network benefit not only from easy-to-access funding and investment, but also access to world-leading agrifood entrepreneurs, corporates and partners, such as Pepsico, Danone, Nestlé and Cambridge University.
Damien Jourdan, Open Innovation Manager at Danone, comments: “The EIT Food Seedbed program’s focus on customer discovery is really interesting and distinctive – startups need to understand whether they will have customers to buy their product. As a key partner in the network, we’re here to bring value and to help entrepreneurs grow their venture faster with our expertise.”
Whether applicants join the EIT Food Seedbed programme as an early-stage startup looking to verify their proposition and market, the Food Accelerator Network to gain access to tools, connections and expertise, or the RisingFoodStars Association to scale and reach new markets, startups will gain support and mentorship as part of the vibrant and diverse EIT Food community. In order to generate new knowledge and technologies, and to drive the growth and competitiveness of the EU, these activities will all be measured against economic, societal and environmental impact.
Applications will open early next year and close in Spring 2021. Register your interest and find out more through this form.
Sign up to the Venture Summit via the EIT Food website to meet EIT Food’s entrepreneurs and partners.
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A tasty solution for mindful sport enthusiasts
Avid crossfit and bike enthusiasts, Doris and her cofounder Christian were always looking for a healthy source of protein. Unfortunately, most protein shakes are not natural, contain various artificial additives and simply lack taste. That is, until now.
In 2020, the young team launched Molke Shake, the answer to combat foodwaste and to provide consumers with a great source of whey protein. Fighting for more recognition for Swiss whey, their product is 100% sourced in Switzerland, lactose-free, high in protein and has a great yoghurt-like taste.
With a background in food science, Doris announced this year a partnership with traditional cheese and dairy company Schwyzer Milchhuus as food production partner to strengthen the production of their delicious whey drink.
Good for you and the planet
We all know our eating habits contribute to global warming, a phenomenon that threatens to cause serious damage to our planet. The United Nations (UN) warns that food waste alone causes 10% of greenhouse gases, and strongly recommends that we change our eating habits and food consumption. Since whey is often a food waste, Molke Shake founders Doris and Christian decided to repurpose it; thus combating food waste while also making your stronger.
Learn more about Molke Shake:
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Register to our information session and Q&A webinar
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Bootcamp Program
What’s in for your startup?
What we’ll work on together
Explore our tailored meetings with Indian Agri-Food startups, investors, industry experts and potential local collaborators with exciting possibilities of fruitful collaboration. Depending on what stage your innovation is in, we will curate the better suited camp from below:
Market Validation
Your startup is supported in carrying out preliminary market research locally, identifying potential clients and collaboration partners in the area of research, innovation, development, production, distribution and sales with the objective of devising an international strategy, reaching established milestones, coaching startups individually for product/service placement, pricing strategies, and competitive intelligence.
Market Entry
Your startup is supported in preparing and implementing market penetration, including cooperation with partners that are extensively involved in research, developing market structures and contacts, interacting with potential clients, implementing the distribution strategy, reaching established milestones.
Innovation is a prime focus for any of our curated programs. Thereby, depending on the situation closer to the program dates, we will leverage this strength to go digital without the risk of travel, if necessary.
Costs
Participants will take care of their flight (approx. 750-1200 CHF), accommodation (approx. 500 CHF for 5 nights), visa (approx. 200 CHF), and their insurance coverage. Participants supported by Innosuisse will be eligible to receive a scholarship refund of CHF 3000 (Market Validation Camp) or CHF 6000 (Market Entry Camp) after the completion of their camp.
Dates
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