NewsGivaudan Shines a Light on Sustainability Initiatives

Givaudan Shines a Light on Sustainability Initiatives

 

Givaudan has released its 2018 Sustaina­bility Progress Review, shining a spotlight on the advances made during the company’s first full year of its ‘A Sense of Tomorrow’ initiative.

 

Highlights from the three focus areas include:

 

Sourcing for Shared Value

24 key raw material categories are now sourced in a responsible way

78% of the company’s direct suppliers achieved site audit compliance

Innovating Responsibly

The flavor division made strides in alternative proteins

Fragrance division innovations included new scientific methodologies and sustainable beauty compounds

Acting for Our Environment

A 13.9% decrease in absolute terms of Scope 1 and 2 greenhouse gas emissions

69。4% of the company’s electricity now comes from renewable sources

A reduction in water use by 24.4%; the company carried out its first water footprint assessment that includes the value chain

CDP A- leadership level for GHG emission reduction and water stewardship

A position on the CDP’s Supplier Engagement Leader Board

“I am delighted by the strong results of this first year,” said CEO Gilles Andrier. “They confirm that ‘A Sense of Tomorrow’ is a solid approach that also strengthens our 2020 strategy of ‘Responsible Growth. Shared Success.’ By delivering against our ambitious sustaina­bility targets, we create added value for our customers, society, the environment and ultimately for the long-term sustaina­bility of our business.”



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