A year in review Economic / Governance Environment Social Appendix Local community development and natural resources. Every precaution is taken to operate Disclosure 203 – 1 safely in these communities, all while providing social and Infrastructure investments and services economic value and reducing our environmental footprint. supported The island of Haiti, where we grow vetiver, a scented, golden This spending, governed by an annual budget allocation oil highly prized in the fragrance industry for its intensity and process for charitable giving that has been in place at all of our natural synergy with other raw materials, is an example of a sites since 2012, is controlled and consolidated by a challenging environment where we support the island’s sustainability controller and closely monitored. Each site producer communities and safeguard supply of the ingredient. manager is responsible for how the relevant budget is spent Since 2012, Givaudan has been collaborating with a local and has some freedom to allocate funding to local supplier to support a cooperative of 250 vetiver root organisations, providing they comply with Givaudan guidelines producers from three villages. The cooperative and our local and local laws on non-profit organisations. The spending is supplier have achieved the Ecocert Fair for Life Certification, reviewed annually as part of our financial assurance, and which ensures minimum prices, improved working conditions information is disclosed as part of the P&L statement. for everybody in the local supply chain, and validates the social and environmental responsibility of vetiver production. In March 2020, we established a COVID-19 community fund to The certification also ensures full traceability of the raw enable our sites to support local communities that had been material. The cooperative benefits from a premium on the affected by the pandemic. By the end of 2021, we were able to price of its vetiver roots, feeding a development fund used to help almost 100,000 people in 137 communities around the support community projects and the local supply chain. The world. We also adapted our production to increase the amount fund has paid for repairs to a road linking producer villages of hand sanitiser for our employees, but also for local health, and the vetiver distillery. The new road makes it much easier community and front line services who were in critical need of it. to transport the roots and has also opened up better access to healthcare and other essential amenities. The fund has also In 2021, the total financial contribution from Givaudan to brought electricity to the villages, and cooperative members communities was more than CHF 2 million. receive training on good agricultural practices as well as health and safety measures to consider in the field. 115 Givaudan — 2021 GRI Sustainability Report