"Sustainability is embedded in our business as a key enabler of our 2020 ambition of Responsible Growth. Shared Success.," explained CEO Gilles Andrie. "By further building sustainable practices into the way we source materials, develop products and reduce our environmental footprint, Givaudan will be better able to meet our customers' needs today while anticipating ever-evolving challenges for our industry, our environment and society as a whole."
More specifically, these activities include:
• Sourcing for shared value—ensuring that all raw materials are sourced in a way that respects people and the environment;
• Innovating responsibly—creating more value for customers and key stakeholders through a strategy of sustainable product development;
• Acting for our environment—implementing an ambitious climate action agenda by reducing greenhouse gas emissions and taking action for the environment across Givaudan's operations and beyond.
The approach is designed to support the United Nations Sustainable Development Goals (SDGs), with a particular focus on areas where the company considers it can make the greatest impact, according to Givaudan.
"Our strengthened approach is designed to respond to our customers' increasing expectations for greater sustainability across the entire value chain," said Willem Mutsaerts, head of global procurement and sustainability. "By setting ambitious targets and utilizing the latest frameworks, expertise and tools, Givaudan will continue to delight people around the world with unique sensory experiences while doing what is good for our planet."
Givaudan recently published ambitious targets for responsible sourcing and greenhouse gas (GHG) emissions reduction:
• 90% of the company's raw materials volume of natural origin will be responsibly sourced by 2020.
• Givaudan commits to reduce absolute Scope 1 and 2 GHG emissions by 30% between 2015 and 2030.
Givaudan also has a goal to reduce Scope 3 GHG emissions by 20% over the same time period.
A sense of tomorrow expands upon Givaudan's initial global sustainability programme launched in 2009. Its earlier achievements with a five-pillar approach spanning the entire lifecycle of the business include a range of programs and milestones: a reduction in the Lost Time Injury Rate (LTIR) of 65% since 2009; supplier audits conducted according to Sedex from 2012; the achievement of EcoVadis Gold status since 2014; eco-efficiency targets achieved ahead of schedule in 2015; the introduction the industry's first Responsible Sourcing Policy in 2016.