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Givaudan Story

Our business model

Creating sustainable value at Givaudan
  • 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

Funds available to the Group

Intellectual capital

Technology, patents, know-how, processes

Human
capital

The skills, motivation, diversity of our people, best-in-class health and safety procedures

Natural
capital

Raw materials, indirect materials and services, innovative sourcing models

Manufactured capital

Production sites, infrastructure, end-to-end supply chain solutions

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

Responsible financial growth and shared profitability

Intellectual
capital

Differentiating solutions through responsible innovation

Human
capital

Recruiting, developing and caring for diverse and inclusive workforce

Natural
capital

Reducing water and energy consumption, emissions and waste, preserving biodiversity and renewable resources

Manufactured capital

New site openings and sustainable products produced and sold

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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Watch our value creation process for 2020