Givaudan has published its Sustainability Report for 2015, in accordance with the Global Reporting Initiative’s G4 reporting guidelines.
The flavors and fragrance giant saw C02 emissions fall 30.9 percent, and waste reduced by 42.8 percent. Energy efficiency was up 15.4 percent and water efficiency improved by 10.4 percent.
Last year saw the culmination of Givaudan’s five-year strategy cycle, and the company ushered in a new roadmap for the next five years, with sustainability firmly embedded in all three pillars of its 2020 strategy, namely delivering with excellence, growing with its customers and partnering for shared success.
Goals for 2020 include a 20 percent reduction in energy consumption by tonne of product, water use cut by 15 percent, waste down 15 percent and C02 emissions to be decreased by 25 percent.
CEO Gilles Andrier said: “By leveraging our consumer insights, creative capabilities and innovation, we continue to help our customers respond to this demand. The Company strives for continuous improvement of operational processes to deliver on our strengthened eco-efficiency targets. We collaborate with suppliers on sustainable sourcing, and partner with our employees to promote responsible practices in the workplace and beyond.”