Givaudan awarded platinum medal in EcoVadis Corporate Social Responsibility assessment
Givaudan has been ranked in the top 1% of the EcoVadis Corporate Social Responsibility (CSR) assessment 2020, achieving its highest accolade; the platinum medal.
The EcoVadis assessment evaluates how well a company has integrated the principles of CSR into its business and management systems. It examines categories including environment, labour and human rights, ethics and sustainable procurement and assesses the performance of companies across multiple sectors. EcoVadis introduced its new platinum medal for the first time this year.
The assessment highlighted Givaudan’s particular strengths in the categories of labour and human rights, and sustainable procurement, with scores in the top 1%. Overall, Givaudan achieved a score of 75/100, three points higher than its score from 2019.
Gilles Andrier, CEO of Givaudan comments: “We are extremely proud to have achieved platinum status in recognition for our work on Corporate Social Responsibility. As we strive to be a force for good, our teams continue to work incredibly hard to achieve our ambitious sustainability and purpose goals. EcoVadis is a stringent, independent assessment of this work and we are delighted to see these efforts recognised with our new rating.”
Givaudan has been recognised in EcoVadis’ top performing category for the past 6 years. As part of Givaudan’s ongoing focus on using its business as a force for good, the business announced in July that it is on a journey towards B Corp certification. In August, Givaudan became a founding member of B Lab’s B Movement Builders; a brand new movement of publicly-traded organisations helping to redefine the future role of business in society.
Givaudan is a global leading company in taste and wellbeing, and fragrance and beauty. With its heritage stretching back over 250 years, the Company has a long history of innovating scents and tastes. From a favourite drink to your daily meal, from prestige perfumes to cosmetics and laundry care, its creations inspire emotions and delight millions of consumers the world over. The Company is committed to driving purpose-led, long-term growth while leading the way to improve happiness and health for people and nature. In the fiscal year 2019, the Company employed over 14,900 people worldwide and achieved sales of CHF 6.2 billion and a free cash flow of 12.7% of sales. Let’s imagine together on www.givaudan.com.
For further information please contact
Pierre Bénaich, Givaudan Media and Investor Relations
T +41 22 780 9053
Sara Neame, Sustainability Communications
T +44 7801 293776