Givaudan sets industry-leading target for Responsible Sourcing programme
Givaudan announced today that 90% of its raw materials volume of natural origin will be responsibly sourced by 2020.
The Company considers as responsibly sourced all raw materials of natural origin whose supply chains have no gaps identified against its Responsible Sourcing Policy, or for which improvement plans are in place.
In 2016, Givaudan introduced a comprehensive Responsible Sourcing Policy that sets high standards for health and safety, environmental, business integrity and social practices. An industry first, the policy was defined in consultation with stakeholders including the United Nations Global Compact (UNGC), the International Trade Center (ITC), the Sustainable Agriculture Initiative (SAI) and The Forest Trust (TFT).
Willem Mutsaerts, Head of Global Procurement and Sustainability, said:
“Givaudan is committed to working with suppliers with strong business ethics, who demonstrate respect for people and the environment. Our Responsible Sourcing programme is the blueprint for how we will work with our partners and suppliers to protect fragile natural sources and lead supply chain transparency in the flavour and fragrance industry.”
The Responsible Sourcing programme is a major undertaking for Givaudan as it sources over 10,000 raw materials from all over the world for the creation of flavours and fragrances. It deploys two complementary approaches:
- Working closely with first-tier raw material suppliers to identify and address gaps through audits since 2012
- Assessing end-to-end supply chains for raw materials of natural origin in a wide range of countries including Brazil, Paraguay, Guatemala, Indonesia, Egypt, Madagascar and China since 2016
Johannes Rogaar, Head of Global Procurement Excellence and Responsible Sourcing:
“We continue to work with our first-tier suppliers to ensure their sites have been successfully audited according to SMETA1 or equivalent protocol. For key raw materials of natural origin, we are going further by creating supply chain transparency, collecting information on intermediary suppliers up to the farm level, and initiating valuable improvements where needed.”
In parallel, Givaudan announces its membership in TFT, The Forest Trust, a global non-profit organisation focused on transforming supply chains for the benefit of nature and people. TFT is supporting Givaudan in implementing its Responsible Sourcing programme through supply chain assessments and, where needed, co-designing innovative solutions with supply chain partners that create value for all.
1 Sedex Members Ethical Trade Audit (SMETA) is one of the most widely used ethical audit formats in the world.
Givaudan is the global leader in the creation of flavours and fragrances. In close collaboration with food, beverage, consumer product and fragrance partners, Givaudan develops tastes and scents that delight consumers the world over. With a passion to understand consumers’ preferences and a relentless drive to innovate, Givaudan is at the forefront of creating flavours and fragrances that ‘engage your senses’. The Company achieved sales of CHF 4.7 billion in 2016. Headquartered in Switzerland with local presence in over 95 locations, the Company has more than 10,000 employees worldwide. Givaudan invites you to discover more at www.givaudan.com.
For further information please contact
Peter Wullschleger, Media and Investor Relations
T +41 22 780 9093