Our business model: creating sustainable value at Givaudan
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
Our business model
Taste & Wellbeing
Fragrance & 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
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:
Read more our impacts on nature, people and communities in our business model in our integrated annual report.