Givaudan sets goals to lower GHG emissions

AS PART of its sustainability goals, Givaudan will commit to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 30% between 2015 and 2030. The global leader in the creation of flavors and fragrances also has a goal to reduce Scope 3 GHG emissions by 20% over the same period.

Givaudan plans to achieve a 30% GHG emissions reduction by 2030 by converting its electricity supply to fully renewable sources by 2025, and leading significant energy consumption reduction projects across its operations. For its scope 3 target of 20% GHG emissions reduction, Givaudan will engage with its suppliers to reduce the carbon footprint of purchased goods and services. Existing commitments to reduce water usage and waste generation eco-efficiency targets remain unchanged.

“Givaudan is proud to set ambitious science-based targets that reflect our commitment as an industry leader while continually striving to anticipate the needs of our customers and their consumers,” said Gilles Andrier, CEO Givaudan. “By reducing absolute GHG emissions, we are delivering on our 2015 “Road to Paris” commitment to mitigate climate change and are actively contributing to our customers’ own sustainability targets.” 

The transition to a long-term science-based GHG reduction target, which represents a consolidation and strengthening of its existing eco-efficiency targets, allows Givaudan to take transformational corporate action to combat climate change.

Alberto Carillo Pineda, Leader of the Science Based Targets Initiative Steering Committee: “Our independent team of experts has approved Givaudan’s science-based targets in line with the global effort to keep temperatures below the 2-degree threshold, a key goal of the 2015 Paris Agreement on climate action. We applaud their initiative to reduce GHG emissions in their own operations while also working closely with suppliers to embrace their commitment to a low-carbon future.”

Givaudan’s move to science-based targets as climate action best practice follows on a 15% absolute reduction of GHG emissions from 2010 to 2015, and represents a logical next step in its 2020 strategy of ‘Responsible Growth. Shared Success.’