Givaudan has been recognized in CDP’s Supplier Engagement Rating Leaderboard with 'A' score for supplier engagement. Last month Givaudan was awarded its fifth consecutive CDP double 'A' on climate action and water security.
The Supplier Engagement Rating Leaderboard evaluates corporate supply chain engagement on climate issues and celebrates the highest-rated companies.
According to a release by the company, supplier engagement is pivotal to Givaudan’s climate journey as the company’s scope 3 emissions make up more than 90% of its total carbon footprint. On a mission to be climate-positive before 2050, Givaudan has set targets to cut supply chain emissions by 20% by 2030 and by 50% by 2040.
Willem Mutsaerts, head of Global Procurement and Sustainability for Givaudan comments, “Engaging our supply chain on climate action is critical. The collective impact we can deliver together is where real change takes place as we advance towards our climate positivity goal. We’re extremely proud of our latest recognition within the Supplier Engagement Rating Leaderboard but we know that there remains a long journey ahead of us and we must continue to challenge ourselves to go further every day.”