Givaudan COVID-19 Communities Fund to support severely impacted countries
Givaudan announced today that it will provide additional targeted support to countries most severely affected by the ongoing coronavirus pandemic in 2021 through its COVID-19 Communities Fund.
Since the fund was created in March 2020, Givaudan has donated over CHF 1 million to help close to 100,000 people in 137 communities around the world. In 2021, with the continued rise in cases of COVID-19 and the worsening situation in countries such as India and Brazil, an additional CHF 500,000 will be distributed to those most impacted by the ongoing pandemic.
“As we continue to weather this global health crisis in 2021, Givaudan remains committed to supporting our communities. Some of the countries where we operate are currently among the most severely affected by COVID-19, so it’s only natural that we continue to mobilise resources to help our employees and their communities.”
Gilles Andrier, Chief Executive Officer
The funds will be made available immediately to provide access to medical care and basic supplies in the hardest-hit countries. Examples include the purchase of ambulances, ventilators and oxygen concentrators as well as the distribution of personal protective equipment (PPE) and basic food supplies. Where the impact is critical, direct donations are being made to enable local organisations to provide food and shelter for surrounding communities.
The COVID-19 Communities Fund is part of Givaudan's ongoing pandemic response which continues to prioritise the health and wellbeing of employees and communities while closely collaborating with customers to deliver essential food and beverage, soaps and cleaning products.
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 2020, the Company employed almost 16,000 people worldwide and achieved sales of CHF 6.3 billion and a free cash flow of 12.8% of sales. Let’s imagine together on https://www.givaudan.com.
For further information please contact
Pierre Bénaich, Givaudan Media and Investor Relations
T +41 22 780 9053