Engaging with stakeholders on our material issues

Listening and responding to our priority stakeholders is a core part of our sustainability management approach. These stakeholders are the people who affect our business or who are affected by it.

The feedback we receive from these stakeholders helps us to understand their expectations and prioritise issues effectively. This informs our overall sustainability approach and our ability to deliver against shared sustainability goals.

We have identified seven stakeholder groups: Customers, Suppliers, Employees, Owners and Investors, Local communities, Public and Regulatory Agencies, Innovators and partners which are currently of primary importance to our sustainability approach.

Material topics

Our list of material topics is mapped against the GRI Standards topics, our purpose pillars, the United Nations Global Compact (UNGC) Principles and the United Nations’ Sustainable Development Goals (SDGs) to show that they are fully consistent with the most commonly used sustainability frameworks.
  

Materiality topic	Equivalent GRI topic	Purpose pillar	UNGC Principles	SDG mapping
Biodiversity	GRI 304: Biodiversity		Principle 8
Climate change	GRI 202-2: Financial implications and other risks and opportunities due to climate change GRI 301: Materials GRI 302: Energy GRI 305: Emissions		Principle 7,8,9
Consumer health & wellbeing	GRI 415: Customer health and safety
Diversity, inclusion & people development	GRI 102-8: Information on employees and other workers GRI 202: Market presence GRI 401: Employment GRI 404: Training and education GRI 405: Diversity and equal opportunity GRI 406: Non-discrimination		Principle 6
Economic performance	GRI 201: Economic performance
Employee safety, health & wellbeing	GRI 403: Occupational health and safety
Governance & business conduct / ethics / transparency	GRI 102-11: Precautionary Principle or approach GRI 102-16: Values, principles, standards, and norms of behaviour GRI 102-17: Mechanisms for advice and concerns about ethics GRI 102-18: Governance structure GRI 205: Anti-corruption		Principle 10
Human rights	GRI 102-41: Collective bargaining agreements GRI 402: Labour/management relations GRI 407: Freedom of association and collective bargaining GRI 408: Child labour GRI 409: Forced or compulsory labour GRI 412: Human rights assessment GRI 414: Supplier social assessment		Principle 1,2,3,4,5
Innovation capabilities & management			Principle 8,9
Local community development	GRI 203: Indirect economic impacts GRI 413: Local communities		Principle 1
Product / ingredients environmental & social performance	GRI 301: Materials GRI 302: Energy GRI 305: Emissions GRI 416: Customer health and safety		Principle 7,8,9
Product quality & safety and ingredient disclosure	GRI 416: Customer health and safety GRI 417: Marketing and labelling
Raw materials availability	GRI 301: Materials
Responsible sourcing & traceability	GRI 102-9: Supply chain GRI 204: Procurement practices GRI 308: Supplier environmental assessment GRI 407: Freedom of association and collective bargaining GRI 408: Child labour GRI 409: Forced on compulsory labour GRI 412: Human rights assessment GRI 414: Supplier social assessment		Principle 1,2,4,8,10
Waste management & circular principles	GRI 306: Waste		Principle 8
Water stewardship	GRI 303: Water and effluents		Principle 8

Creations	Nature	People	Communities

Partnerships and initiatives

We strongly believe that working together is key to achieving a more sustainable society. We also believe that it’s important to look beyond our own business and see the ‘bigger picture’ when it comes to sustainability.

From addressing global water challenges to promoting sustainable palm oil, we engage in numerous external initiatives and strategic collaborations with relevant organisations and partners. Collaboration across our supply chain as well as with other businesses and non-profit organisations is essential; the more we do together, the quicker we drive sustainable solutions, while meeting our customers’ needs and expectations. 

Key partnerships

Here are just a few examples of the many collaborations and initiatives that Givaudan is involved in around the world.