A year in review Economic / Governance Environment Social Appendix Key partnerships UEBT many positive initiatives and interventions within its vanilla How we engage What it is supply chain in the country, it also makes sense to work with Givaudan has been engaged as an advisory board member with UEBT is a non-profit association that promotes ethical sourcing industry peers to ensure an aligned approach on issues such two seats since July 2021. We are also participating in different of ingredients from biodiversity, supporting and verifying as traceability, deforestation and the professionalisation of working groups. companies’ commitment to sourcing with respect for people the vanilla industry. renewable-carbon-initiative.com and biodiversity. UEBT members commit to gradually implementing practices defined in the UEBT standard. How we engage Givaudan has been represented on the SVI Steering Committee Why we engage since 2017, with meetings generally on a monthly basis. We are UEBT has a depth of experience in many of the fragrance also involved in the whole member forums as well. related supply chains in which we operate and offers tools www.idhsustainabletrade.com/sustainable-vanilla-initiative-svi and guidance on how to navigate the challenges therein. A number of our customers work very closely with UEBT, so it is an important stakeholder in our responsible sourcing and RCI (Renewable Carbon Initiative) biodiversity programmes. What it is The aim of the Renewable Carbon Initiative (RCI) is to support How we engage and speed up the transition from fossil carbon to renewable Givaudan works closely with UEBT, and their responsible carbon for all organic chemicals and materials. sourcing standard is one of the protocols we use for assessing and verifying our suppliers at farm level. Why we engage www.ethicalbiotrade.org We reconsider carbons from waste (recycled, CO2 or biomass based) as a new source of building blocks for new materials, which should be in the longer term be recognised as renewable The Sustainable Vanilla Initiative (SVI) a source of carbon. What it is The Sustainable Vanilla Initiative (SVI) is a voluntary industry This initiative is expected to help us create cross-industry initiative that aims to promote the long-term stable supply of platforms that will demonstrate the feasibility of renewable high-quality, natural vanilla produced in a socially, environmentally carbon in tangible activities; advocate for legislation, taxation and economically sustainable way. It is made up of a range of and regulation changes to give renewable carbon an adequate vanilla supply chain actors and is run by the NGOs IDH and commercial playing field to play on; and create a wider pull for Sustainable Food. sustainable options by raising awareness and understanding of renewable carbon level amongst the business community and Why we engage the wider public. Vanilla is a key product sourced by Givaudan, and the challenges of the Madagascan market and environment around it are well known. Although Givaudan undertakes 25 Givaudan — 2021 GRI Sustainability Report