A year in review Economic / Governance Environment Social Appendix Innovation capabilities & management Biotechnology partners Fragrance & Beauty Givaudan has been working for a number of years in Innovation through creation biotechnology, implementing a strategy that includes co- Today’s consumers increasingly seek fragranced products creation and development with third-party experts. Significant made from natural and renewable ingredients that are advancements in development in 2021 include: sourced responsibly. The demand for products with wellbeing and emotional benefits is also rising. We place a special emphasis on these two areas, all while working to reduce the carbon footprint of our fragrance molecule development MANUS BIO BIOSYNTIA process. We look to develop cutting-edge, science-backed scent solutions for all product categories that have a positive • Leading US manufacturer of sustainable natural • Danish biotech company, considered world impact on consumers’ lives. products leader within the development of fermentation • Focus on additional new ingredients processes for select small molecules One example includes our Naturality Index™ tool. It is a one- • Commercialising the ingredients on an exclusive • Their fermentation processes and experience assure of-a-kind assessment tool that allows perfumers to factor in worldwide basis a consistent and dependable supply of ingredients the environmental impact of their ingredient selection, • Expected commercialisation of the that have a reduced environmental impact. bringing a new, differentiating dimension to the creative product in early 2022 process. The tool encourages nature-conscious fragrance design by assessing ingredients and formulas against a Biotechnology number of measures that affect fragrance sustainability such partners as biodegradability, renewability and sourcing. The index covers four pillars: Environmental Positive Impact, Ingredient GINGKO BIOWORKS Origin, Energy Efficiency, and Responsible Sourcing. These measures align with Givaudan’s nature and community goals • Building the leading horizontal platform for • Extensive platform to accelerate development and also support customers who are searching for more long- cell programming and enhance Givaudan’s portfolio of ingredients term sustainable solutions for their brands. • Recently announced a business combination with • Givaudan will be able to sustainably deliver Soaring Eagle Acquisition Corp. (Nasdaq: SRNG) products such as those that are only available Another important tool in our suite of responsible innovations • Expertise in enabling companies to develop bio- in minute quantities in nature, using the is FiveCarbon Path™, a vision that considers the potential based products to produce a number of innovative natural world as inspiration for an expanded impact of our processes and products by maximising our and sustainable ingredients through fermentation creative palette carbon efficiency. In Active Beauty, we believe innovation is not simply about inventing something new – it’s also about making it better, both for people and the environment. 44 Givaudan — 2021 GRI Sustainability Report