Givaudan Earns High Score for Supplier Engagement on CDP Rating Leaderboard

Givaudan, a global leader in the flavor and fragrance industry, has recently been recognized for its outstanding commitment to supplier engagement in sustainability efforts. The company has received an ‘A’ score in the CDP’s Supplier Engagement Rating Leaderboard, marking a significant achievement. This recognition comes on the heels of Givaudan being awarded its fifth consecutive CDP double ‘A’ on climate action and water security.

The Supplier Engagement Rating Leaderboard evaluates how companies engage with their supply chain on climate issues, highlighting those who excel in this area. For Givaudan, supplier engagement is crucial in their climate journey, as more than 90% of their total carbon footprint comes from scope 3 emissions. In pursuit of becoming climate-positive by 2050, Givaudan has set ambitious targets to reduce supply chain emissions by 20% by 2030 and 50% by 2040.

Willem Mutsaerts, head of Global Procurement and Sustainability at Givaudan, emphasized the importance of engaging the supply chain in climate action. He stated, “The collective impact we can deliver together is where real change takes place as we advance towards our climate positivity goal. We’re extremely proud of our latest recognition within the Supplier Engagement Rating Leaderboard, but we know that there remains a long journey ahead of us. We must continue to challenge ourselves to go further every day.”

Givaudan’s dedication to sustainability and climate action not only benefits the company but also sets a positive example for the industry as a whole. With their strong commitment to supplier engagement and cutting-edge environmental initiatives, Givaudan is paving the way for a more sustainable future.


More from this stream


‘New Investment Cycle of Tekedia Capital Sparks the Start of the March to Unicorns on Monday’

The next edition of Tekedia Capital Syndicate investment cycle begins...

‘Pectra Hard Fork Introduces Social Recovery Feature to Enhance Security’

With the introduction of the innovative social recovery feature, Ethereum users can bid farewell to the anxiety associated with safeguarding their seed phrases. Spearheaded by Ethereum core developer...

‘New Director of Acquisitions and Estates appointed at Popeyes UK’

The appointment is part of the brand’s plans to expand its presence in the UK. Popeyes UK has appointed Peter Gibson as Director of Acquisitions and Estates, following the announcement of plans to...

‘Innovating Payment Systems with New Approaches’

The landscape of payments is undergoing a profound transformation, presenting both challenges and opportunities for financial institutions.Supporting new payment methods such as crypto,...

‘Company discussing financing options while pursuing contract assurances’

(Sharecast News) - Petrofac said in an update on Friday that negotiations over tis finances were ongoing, as it remained in discussions with its lenders to restructure its debt, aiming for a...

New M4 Macs with AI Emphasis Expected to Launch this Year

We recently heard a rumor that Apple is working on some M4 Macs, they are coming later this year and these new Mac will have an AI focus. This upcoming release follows the success of the M3 chips...