Givaudan has further reinforced its ambitious commitments to nature and climate action by signing up to Business for Nature’s ‘Nature is everyone’s business’ call-to-action.
The call-to-action brings together more than 560 companies with combined revenue of USD 4 trillion and urges governments to adopt policies now to reverse nature loss in this decade. It is the first time that collectively, so many companies have stepped forward with the ambition of influencing discussions in the run up to delivering a Post 2020 Global Biodiversity Framework.
The full list of signatories was unveiled on 21 September 2020 as the UN General Assembly adopted its 75th declaration, committing the UN Member States to act urgently to protect our planet and build back better.
Gilles Andrier, CEO of Givaudan says: “The ongoing pandemic together with the climate crisis means that coming together to protect nature is more vital than ever. A challenge on this scale requires collaboration across businesses, governments and society and we’re proud to be part of this powerful call-to-action.
“We are already taking bold action across our business to show our love for nature in everything we do as a key goal of our purpose and through our B Corp ambition. We look forward to continuing to work with other like-minded businesses that are helping to drive change and acting as a force for good in the world.”
Givaudan’s existing nature goals include an ambition to become climate positive before 2050 (scope 1, 2 and 3) – a journey which is already underway. As part of this, Givaudan will cut its operations’ GHG emissions by 70% by 2030 and is working towards its operations becoming climate positive by 2040 (scope 1 and 2). Givaudan has also committed to replace all single-use plastics across its sites and operations with eco-friendly alternatives before 2030.
CEO Gilles Andrier has also joined 150 business leaders and investors by signing an open letter urging the EU to raise its greenhouse gas emission reduction target for 2030 to 55% when compared to 1990 levels. The initiative is led by the European Corporate Leaders Group (CLG Europe), a cross-sectoral group of European businesses working towards delivering climate neutrality.
NOTES TO EDITORS
The call-to-action in full
• Nature is everyone’s business.
• Healthy societies, resilient economies and thriving businesses rely on nature.
• Governments must adopt policies now to reverse nature loss in this decade.
• Together let's protect, restore and sustainably use our natural resources.
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