Givaudan has received a double-A rating from CDP for the third consecutive time due to its leadership in climate action and water stewardship.
Related: Givaudan Completes Acquisition of DDW, The Color House
CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency.
Givaudan’s CDP double-A rating is the latest recognition of its sustainability leadership and follows inclusion in the most recent CDP Supplier Engagement Leaderboard, as well as continued inclusion in the FTSE4Good Index, an MSCI triple-A rating and a Sustainalytics ‘low risk’ rating. In October 2021, Givaudan won the Sustainability Team Award at the World Sustainability Awards. Givaudan will release its latest GRI Sustainability Report, providing a comprehensive overview of progress on its purpose and sustainability commitments on January 28.
Gilles Andrier, CEO of Givaudan, said, “Part of being a successful, sustainable business is about holding ourselves to account through independent benchmarking of our performance in this way. Water and climate are two of the world’s biggest challenges and we’re taking leading action through our own bold ambitions in these areas. For example, through our ambition to become climate positive before 2050. As the urgency of the climate crisis grows, hope, optimism and, above all, action have never mattered more. We are proud of the progress we are making together with our teams, our suppliers, our partners and our customers and we’re proud that these efforts have been recognized once again by CDP."
Paul Simpson, CEO of CDP, said, “Many congratulations to all the companies on this year’s A-List. Taking the lead on environmental transparency and action is one of the most important steps businesses can make. The scale of the risk to businesses from climate change, water insecurity and deforestation can no longer be ignored, and we know the opportunities of action far outweigh the risks of inaction. Leadership from the private sector is essential for securing global ambitions for a net-zero, nature-positive and equitable world. Our A-List celebrates those companies who are preparing themselves to excel in the economy of the future by taking action today.”
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