20 Progress against our targets OUR 2025 STRATEGY Progress against our targets Focus area Targets Status 2021 Actions and measures Creations 7.1% Sales Average organic sales growth of 4–5% on a like-for-like basis between 2021–2025 Focusing on our strategic growth drivers, focusing on renewable, biodegradable and viable natural solutions; addressing health and wellbeing issues; expanding our portfolio; greater collaboration and co-creation; Exploiting AI and digital opportunities; increasing Free cash flow Average free cash flow of at least 12% of sales between 2021–2025 12.6% operational efficiencies. Nature Emissions OPERATIONS: Our operations’ carbon emissions (scope 1 + 2) will be cut by 70% before 2030 –31% Setting an internal carbon price; fixing site environmental targets and assessments; switching to renewable energy sources; Promoting and will be climate positive before 2040 (baseline 2015) energy efficiencies; Signing the UN pledge 'Business Ambition for 1.5°C'. SUPPLY CHAIN: Our supply chain emissions (scope 3) will be cut by 20% before 2030 and will –4% Sourcing ingredients responsibly; developing low-carbon creations; driving circularity and upcycling; optimising packaging, logistics, be climate positive before 2050 (baseline 2015) transport of goods, and business/private travel. Electricity Power 100% of our sites with renewable electricity by 2025 4% Committing to RE100 since 2015; setting site renewable electricity targets; generating electricity on site. Water Improve water efficiency by 25% on sites facing water stress by 2030 (baseline 2020) 8 –4% Driving continuous improvement using the 3R approach: 'reduce, reuse and recycle'; Identifying shared water challenges and local We will continuously improve water efficiency on all other sites flat stakeholder priorities in the watershed; implementing our wastewater standard; carrying out water risk assessments; tracking site water quantity and quality. 100% of our wastewater discharge will meet or exceed regulatory and industry standards by 2030 in progress Plastics 100% plastics circularity by 2030 in progress Becoming members of the advisory board of the Renewable Carbon Initiative (RCI); co-leading a WBCSD plastic and packaging workgroup defining a transition for B2B chemical products; reducing our plastic usage and consumption. Waste Reduce waste by 4% per tonne of product, year-on-year average (baseline 2015) –2% ¹ Applying circular principles in product design, sourcing, manufacturing and packaging; upcycling to re-use materials normally disposed of; acting on the principle of 'no waste by design'. People Diversity and We will be rated amongst the leading employers for inclusion globally before 2025 in progress Building more inclusive hiring practices: Inclusive job ads; balanced slates for hiring and promotion; hiring manager training. inclusion 50% of our senior leaders will be from high growth markets before 2030 26% Fostering inclusive leadership development: Evolving our Leadership Development programmes; Better Balance approach; managing unconscious bias at work. 50% of our senior leaders will be women before 2030 26% Caring for We will reduce our total recordable injury rate by 50% before 2025 (baseline 2018) –22% Investing in our plant and technical equipment; further developing our Responsible Care Management System; conducting periodic employee assessment of risk and control on-site; expanding our behavioural safety programme: advanced safety leadership training and safety, health comprehensive worker trainings on health and safety. and mental Everyone on our sites will have access to mental and physical health initiatives, in progress Providing access to mental and physical health initiatives, tools and training for all employees such as: Employee Assistance wellbeing tools and training before 2025 Programme ; Happier, healthier habits circles; health and wellbeing communities of practice, Communities Sourcing 100% of materials and services sourced responsibly by 2030 (baseline 2021) in progress Implementing our Sourcing4Good programme; responsible sourcing policy. responsibly Communities Ambition to improve the lives of millions of people in communities where we source and in progress Through employee activities, Green Teams and the Givaudan Foundation, develop initiatives that: respond to the needs within benefit by operate by 2030 - targets being determined communities; support activities ranging from health and education to enhancing environmental and agricultural practices. working with us 1. Absolute reduction since 2015. Givaudan – 2021 In a Nutshell