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Our business model: creating sustainable value at Givaudan

Givaudan Story
  • Value creation
  • The capital inputs
  • Our business model
  • The capital outputs
  • Purpose-led company
  • Value creation process
Value creation
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Our value creation process shows how Givaudan draws on its various resources, called capital inputs, and translate them into outcomes - the internal and external consequences of our business activities that impact the Company and its stakeholders.

Our value creation process begins with resources called capital inputs.

We have identified six kinds of capitals that feed Givaudan’s value chain:

  • Financial capital
  • Intellectual capital
  • Human capital
  • Natural capital
  • Manufactured capital
  • Social and relationship capital

 
Together, these inputs feed directly into our business model.

The capital inputs
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The capital inputs

Financial capital
Financial capital
Funds available to the Group
Intellectual capital
Intellectual capital
Technology, patents, know-how, processes
Human capital
Human capital
The skills, motivation, diversity of our people, best-in-class health and safety procedures
Natural capital
Natural capital
Raw materials, indirect materials and services, innovative sourcing models
Manufactured capital
Manufactured capital
Production sites, infrastructure, end-to-end supply chain solutions
Social and relationship capital
Social and relationship capital
Our relationships with local communities, regulators and industry bodies, brand and reputation

Our business model
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Our business model

Our activities

Taste & Wellbeing
  

  • Flavour & Taste

  • Natural functional ingredients

  • Natural nutritional ingredients

  • Integrated Solutions

  

Fragrance & Beauty
  

  • Consumer products

  • Fine Fragrances

  • Ingredients and Active Beauty

Our value chain

Through our value chain we create innovative products and solutions that have a positive impact on nature, people and communities. The corresponding outputs and impacts deliver growth – in partnership with our customers – through creating inspiring products for happier, healthier lives.

  

Our business model uses these capital inputs for the realisation of our business activities. Taste & Wellbeing, and Fragrance & Beauty, aim to shape the future of food, fragrances and beauty by becoming the innovation and co-creation partner of choice to our customers.

The capital outputs
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The capital outputs

Financial capital
Financial capital
Responsible financial growth and shared profitability
Intellectual capital
Intellectual capital
Differentiating solutions through responsible innovation
Human capital
Human capital
Recruiting, developing and caring for diverse and inclusive workforce
Natural capital
Natural capital
Reducing water and energy consumption, emissions and waste, preserving biodiversity and renewable resources
Manufactured capital
Manufactured capital
New site openings and sustainable products produced and sold
Social and relationship capital
Social and relationship capital
Stakeholder engagement and collective action

Purpose-led company
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As a purpose-led Company, our value creation process helps us deliver growth in partnership with our customers and increases our positive impact on nature, people and communities by creating inspiring products for happier, healthier lives.

It enables us to deliver success to our customers and our stakeholders while shaping a better tomorrow for all. Stakeholders that benefit are:
 

  • Customers

  • Suppliers

  • Employees

  • Owners and investors

  • Local communities

  • Public and regulatory agencies

Value creation process
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