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Givaudan Releases 2013 Sustainability Report
Posted: March 20, 2014
Givaudan has released its 2013 Sustainability Report which revealed that it made significant progress across all five pillars of its sustainability strategy in 2013, notably in relation to 2020 eco-efficiency targets, which cover CO2 emission, energy consumption, waste and water reduction.
Against a 2009 baseline, it reduced CO2 emissions by 19.9%, improved energy efficiency by 13.4%, reduced waste by 14.4% and improved water efficiency by 6.4%. It had a Global Reporting Initiative (GRI) level of B+. Givaudan said it has been recognized as a top, A-band performer in the Carbon Disclosure Project’s (CDP) 350 Climate Change Report 2013 for Germany, Austria and Switzerland, which ranks companies on how they measure, disclose and manage climate-related risks and opportunities.
The Sustainability Report also emphasizes the importance Givaudan places on partnerships. Featured collaborations in the document include working with cross-industry bodies, such as AIM-Progress and Sedex, as well as a variety of commercial partners. The 2020 targets, against a 2009 baseline, are: 25% reduction in CO2 emissions per tonne of production 20% reduction in energy consumption per tonne of production 15% reduction in incinerated and landfilled waste per tonne of production 15% reduction of municipal and ground water usage per tonne of production Lost Time Injury Rate below 0.1.
A technical GRI Report, which details progress against KPIs is independently assured by Ernst & Young.