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Givaudan Attains CDP Leaderboard Ranking

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CDP’s Supplier Engagement Leaderboard recognizes the companies which have received the highest ratings in CDP’s Supplier Engagement Rating.

Givaudan has been included in CDP’s Supplier Engagement Leaderboard. The news follows Givaudan’s recent CDP double “A” rating for leadership in climate and water.

Previously: Givaudan to Acquire Myrissi

CDP’s Supplier Engagement Leaderboard recognizes the companies which have received the highest ratings in CDP’s Supplier Engagement Rating (SER).

The SER is designed to assess and catalyse action on corporate supply chain engagement on climate issues, based on the CDP climate change questionnaire. It covers governance, targets, value chain (scope 3) emissions and supplier engagement strategies, and factors in a company’s climate score.

Willem Mutsaerts, head of global procurement and sustainability commented: “We’re proud to be recognized by CDP as leaders in supply chain engagement. Against the backdrop of the climate crisis, it is vital that we accelerate action across our value chain as we pursue bold purpose and sustainability ambitions—like our ambition to become climate positive before 2050.”

Previously: Givaudan Unveils Nature-conscious Scents

“Achieving this requires collaboration not just within Givaudan, but with our suppliers, customers, stakeholders, colleagues and partners,” Mutsaerts continued. “As businesses re-examine their role in society, we must be resilient and prepared for the risks of a constantly-changing world. Now more than ever businesses must come together and lead the way as a force for good.”

Sonya Bhonsle, global head of value chains, CDP: “Companies’ emissions don't end at the factory door. In fact, CDP data shows a company's supply chain emissions are over 11.4 times greater than its direct emissions on average. Meaningful corporate climate action means engaging with suppliers to reduce emissions across the value chain. Despite the challenges from COVID-19, in 2020 nearly 400 companies achieved a place on CDP's Supplier Engagement Leaderboard. Congratulations to these companies—as Supplier Engagement Leaders, they are driving the transition towards the net-zero sustainable economy.”