A year in review Economic / Governance Environment Social Appendix Key partnerships between CDP, World Resources Institute (WRI), the World including the OECD guidelines for multinational organisations; EcoVadis Wide Fund for Nature (WWF), and the United Nations Global ISO 26000; the United Nations Guiding Principles on Business What it is Compact (UNGC). It is also one of the We Mean Business and Human Rights: Implementing the United Nations ‘Protect, EcoVadis provides a holistic sustainability ratings service for Coalition commitments. Respect and Remedy’ Framework; the UNGC’s Ten Principles companies, delivered via a global cloud-based SaaS platform. The and the United Nations’ Sustainable Development Goals. EcoVadis assessment evaluates how well a company has integrated Why we engage the principles of CSR into its business and management systems. It Givaudan has long recognised the urgency of the climate How we engage examines categories including environment, labour and human challenge and the natural next step was to confirm our alignment We have used the GRI frameworks, the leading and most widely rights, ethics and sustainable procurement and assesses the with the SBTi’s approved 1.5°C trajectory, the minimum required adopted global frameworks for sustainability reporting, since performance of companies across multiple sectors. to mitigate the most damaging effects of climate change. 2010. We have applied the GRI Standards, the newest evolution of the GRI frameworks, since the reporting period 2017. Why we engage How we engage www.globalreporting.org As we strive to be a force for good, our teams continue to work We sought and gained validation from the SBTi of our target to hard to achieve our ambitious sustainability and purpose goals. reduce absolute scope 1 and 2 GHG emissions by 70% between EcoVadis is a stringent, independent assessment of this work. 2015 and 2030 as being consistent with levels required to meet Sedex (Supplier Ethical Data EXchange) the goals of the Paris Agreement. The Company’s value chain What it is How we engage emission target (scope 3), aiming for a reduction of 20% over Sedex is a not-for-profit membership organisation dedicated to Givaudan has completed the EcoVadis CSR assessment every the same period, also meets the SBTi’s criteria. This is in line driving improvements in responsible and ethical business year since 2008 and has been recognised for its leadership for with what the latest science considers necessary to meet the practices in global supply chains. the past six years. Givaudan was ranked in the top 5% of the goals of the Paris Agreement (from the publication of the EcoVadis Corporate Social Responsibility (CSR) assessment in Intergovernmental Panel on Climate Change (IPCC) 2018 Why we engage 2021, achieving the gold medal. Special Report on Global Warming of 1.5°C.) Givaudan engages with Sedex to better assess both its www.ecovadis.com sciencebasedtargets.org production sites and suppliers in terms of responsible and ethical business practices. RE100 The Global Reporting Initiative How we engage What it is What it is We register our production sites with Sedex as part of an RE100 is an initiative uniting more than 100 influential The Global Reporting Initiative (GRI) helps organisations be ongoing process related to acquisitions and the opening of new businesses committed to 100% renewable electricity and to transparent and take responsibility for their impacts to create a production sites. We are committed to starting the registration working to increase demand for and the delivery of renewable sustainable future. GRI creates the global common language for process soon after an acquisition has been announced or a new energy. It is organised by The Climate Group, an international organisations to report their impacts, enabling informed dialogue facility has been commissioned to ensure high standards. non-profit organisation, in partnership with CDP (see above). and decision making. Givaudan has been an active user of the Sedex platform since 2008 and reviews and updates the SAQ every year. Why we engage Why we engage www.sedexglobal.com RE100 shares the compelling business case for renewables GRI Standards allow for better comparability, greater with factors such as greater control over energy costs, transparency and accountability and align with other standards increased competitiveness, and delivery on emissions goals. It 20 Givaudan — 2021 GRI Sustainability Report