Governance

Givaudan’s corporate governance system is aligned with international standards and practices to ensure proper checks and balances, and to safeguard the effective functioning of the governing bodies of the Company.

Our Principles of Conduct underline our commitment to create an environment where trust and confidence in the ethics of our endeavours are assured, providing value to our customers, shareholders and other stakeholders.

We operate in over 181 locations in 50 countries worldwide, so understanding and appreciating the diversity of our employees is very important to us. Our Diversity Position Statement outlines our commitment to ensure a representative workforce that reflects the diverse communities in which we operate. We also published a work-life balance position statement in March 2012.

Governance structure
 

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Our sustainability efforts are led by the Head of Global Procurement and Sustainability, a member of the Executive Committee, who briefs the Board annually on our actions to bring shared value to stakeholders and on matters pertaining to sustainability in general. He is supported by a dedicated Sustainability Leadership Team (SLT).

Made up of internal specialists in corporate responsibility and sustainability as well as dedicated business partners, the SLT is the strategic and operational body that supports the organisation in reaching its sustainability goals.

Our targets can only be reached if everyone is involved – the role of the SLT is then to work closely with the leaders of our two principal businesses, the leaders of our functions and managers to mobilise resources in the organisation that will make the difference in driving the sustainability agenda forward. The SLT meets twice a month for regular progress review and at least every six weeks to jointly discuss the direction of our actions.