Givaudan’s inclusion recognises current achievements and ambitious purpose and sustainability commitments
Givaudan has been included for the fifth consecutive year, in the globally-recognised FTSE4Good Index Series following an independent review earlier in 2020.
Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices.
The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products. FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. Businesses included in the FTSE4Good Index Series meet a variety of environmental, social and governance criteria.
Ranked in the top 1%¹ of performers among peers (companies in the same market sector²), Givaudan was awarded with an overall score of 4.4 out of 5.
Gilles Andrier, Givaudan CEO comments: “We are extremely proud to be recognised as part of the FTSE4Good index Series. Our inclusion and ratings are testament to the commitment of our teams as we strive to use our business as a force for good and as we continue to pursue our bold purpose and sustainability ambitions together with our B Corp journey.”
Givaudan’s work in sustainability and ESG has been widely recognised externally. This includes recent confirmation of Givaudan’s ESG risk rating by Sustainalytics which categorised the business as low-risk and a leader in its industry. It also includes CDP A ratings for leadership in climate action and water, a platinum EcoVadis rating, inclusion in the Six Switzerland Sustainability Index, and Givaudan CEO Gilles Andrier being ranked number 30 in the Harvard Business Review’s 2019 top 100 performing CEOs in the world; a ranking based on both financial performance and ESG ratings.
² ICB Supersector
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