“Our customers in China are having a profound influence on digital transformation. The Digital Space is designed to spark creative, ground-breaking ideas through face-to-face interactions, co-creation and incubation experiences. It will enable us to leverage digital opportunities, manage rapidly evolving customer trends and deliver on key local initiatives while also easing integration with our global innovation projects.” Anne Tayac, Head of Givaudan Business Solutions In our strategic partnership with the biotech company Novozymes, for example, we plan to jointly work on the research and development of innovative sustainable solutions in the areas of food and cleaning. Novozymes brings innovation with extensive know-how in enzymes and microorganisms with substantial investments in technology and R&D. On the commercial side, Novozymes is in strong commercial partnerships with some of the largest companies in the household care and food and beverages sectors. Together with our suppliers, we can achieve a level of innovation that goes beyond what we can do on our own. SUPPLY CHAIN Strong partnerships created Our Sourcing4Good programme, launched in 2021, will allow us to develop deeper and expanded partnerships with the aim of gaining an entire palette of materials that are sourced responsibly and providing the right level of traceability. With this innovative approach we will be in an even better position to offer our customers access to safe, high-quality, responsibly sourced products, as well as deep knowledge and increased visibility in the supply chain. Our customers will be able to leverage traceability data to meet their consumers’ expectations. The programme will widen opportunities for customers and suppliers to develop strong partnerships and increase the ability to accelerate substantiated claims and flagship stories. For our customers, it will reduce risk and build confidence in buying from our Company. READ MORE Details of our Sourcing4Good programme can be found in the Communities chapter ▸ page 101 Driving innovation at our Digital Space ¹ i n Shanghai Contributing to the United Nations Sustainable Development Goals (SDG) 1. The Digital Space offers co-creation spaces for both T aste & Wellbeing and Fragrance & Beauty teams. Givaudan – 2021 Integrated Annual Report Acting as a force for good Cr eations Co -creating with customers and partners 59 Acting as a force for good