{"id":1199,"date":"2019-12-09T13:21:19","date_gmt":"2019-12-09T11:21:19","guid":{"rendered":"http:\/\/www.bkux.com\/en\/?p=1199"},"modified":"2020-09-17T09:12:03","modified_gmt":"2020-09-17T07:12:03","slug":"imd-business-school-and-pictet-present-first-sustainability-in-family-business-award-to-firmenich-2","status":"publish","type":"post","link":"https:\/\/bkux.com\/en\/imd-business-school-and-pictet-present-first-sustainability-in-family-business-award-to-firmenich-2\/","title":{"rendered":"IMD business school and Pictet present first Sustainability in Family Business Award to Firmenich"},"content":{"rendered":"<p>The inaugural IMD-Pictet Sustainability in Family Business Award was presented to Firmenich, the world\u2019s largest privately held perfume and taste company in Lausanne. Firmenich gained this distinction due to its outstanding efforts to embed responsible practices and purpose throughout its operations.<\/p>\n<p>Speaking ahead of the award announcement, Barbara Kux, Vice-Chairman of Firmenich said that companies should look to synchronise the \u2018three Ps\u2019: profit, people and the planet. Profit and people have always been important, but the planet is a more recent addition, she said.<\/p>\n<p>Whenever leaders make a strategic decision, hire someone or make an acquisition, they should have these three things in mind. It is important that sustainability is embedded in a company\u2019s values, Kux added, and this is typical of family businesses. But you need to find a \u201cgreen sweet spot\u201d where your company can focus its efforts.<\/p>\n<p>Lausanne, 5 December 2019<\/p>\n<p><a href=\"https:\/\/www.imd.org\/news\/updates\/family-business-a-voice-for-change-in-sustainability-forum\/\">External link<\/a><br \/><a href=\"https:\/\/bkux.com\/en\/wp-content\/uploads\/sites\/2\/2020\/09\/The-Role-of-Family-Business-Boards-in-Sustainability-Interview-5-Dec-2019.pdf\">Documentation of the award ceremony, including the interview with Barbara Kux, &#8220;The Role of Family Business Boards in Sustainability&#8221;, pp. 4-7. Download PDF (446KB)<\/a><\/p>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The inaugural IMD-Pictet Sustainability in Family Business Award was presented to Firmenich, the world\u2019s largest privately held perfume and taste company in Lausanne. Firmenich gained this distinction due to its outstanding efforts to embed responsible practices and purpose throughout its operations. Speaking ahead of the award announcement, Barbara Kux, Vice-Chairman of Firmenich said that companies [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1199","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-allgemein","7":"czr-hentry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IMD business school and Pictet present first Sustainability in Family Business Award to Firmenich - Barbara Kux<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bkux.com\/en\/imd-business-school-and-pictet-present-first-sustainability-in-family-business-award-to-firmenich-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMD business school and Pictet present first Sustainability in Family Business Award to Firmenich - Barbara Kux\" \/>\n<meta property=\"og:description\" content=\"The inaugural IMD-Pictet Sustainability in Family Business Award was presented to Firmenich, the world\u2019s largest privately held perfume and taste company in Lausanne. Firmenich gained this distinction due to its outstanding efforts to embed responsible practices and purpose throughout its operations. Speaking ahead of the award announcement, Barbara Kux, Vice-Chairman of Firmenich said that companies [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bkux.com\/en\/imd-business-school-and-pictet-present-first-sustainability-in-family-business-award-to-firmenich-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Barbara Kux\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-09T11:21:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-17T07:12:03+00:00\" \/>\n<meta name=\"author\" content=\"bkux\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"bkux\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/bkux.com\\\/en\\\/imd-business-school-and-pictet-present-first-sustainability-in-family-business-award-to-firmenich-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/bkux.com\\\/en\\\/imd-business-school-and-pictet-present-first-sustainability-in-family-business-award-to-firmenich-2\\\/\"},\"author\":{\"name\":\"bkux\",\"@id\":\"https:\\\/\\\/bkux.com\\\/en\\\/#\\\/schema\\\/person\\\/502d57a07f399e66ac6169cc38e47239\"},\"headline\":\"IMD business school and Pictet present first Sustainability in Family Business Award to Firmenich\",\"datePublished\":\"2019-12-09T11:21:19+00:00\",\"dateModified\":\"2020-09-17T07:12:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/bkux.com\\\/en\\\/imd-business-school-and-pictet-present-first-sustainability-in-family-business-award-to-firmenich-2\\\/\"},\"wordCount\":184,\"publisher\":{\"@id\":\"https:\\\/\\\/bkux.com\\\/en\\\/#organization\"},\"articleSection\":[\"Allgemein\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/bkux.com\\\/en\\\/imd-business-school-and-pictet-present-first-sustainability-in-family-business-award-to-firmenich-2\\\/\",\"url\":\"https:\\\/\\\/bkux.com\\\/en\\\/imd-business-school-and-pictet-present-first-sustainability-in-family-business-award-to-firmenich-2\\\/\",\"name\":\"IMD business school and Pictet present first Sustainability in Family Business Award to Firmenich - 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