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Givaudan announces ambitious science-based targets for greenhouse gas reduction

Givaudan will implement ambitious targets to ensure sustainable long-term growth. Indeed, the global leader in the creation of flavours and fragrances has committed to reduce its absolute emissions of greenhouse gas (GHG) by 30% for scope 1 and 2 gas, and by 20% for Scope 3 gas, between 2015 and 2030. [1]

Givaudan wants to reduce its absolute emissions of greenhouse gas (GHG) by 20 to 30 percent between 2015 and 2030 - Photo: © Filipe Frazao / shutterstock.com

Givaudan wants to reduce its absolute emissions of greenhouse gas (GHG) by 20 to 30 percent between 2015 and 2030 - Photo: © Filipe Frazao / shutterstock.com

The company 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’s move to new targets follows on a 15% absolute reduction of GHG emissions from 2010 to 2015.

Footnotes

[1] Scope 1 covers all direct GHG emissions by a company. Scope 2 covers indirect GHG emissions from consumption of purchased electricity, heat or steam. Scope 3 covers other indirect emissions, such as the extraction and production of purchased materials and fuels, transport-related activities in vehicles not owned or controlled by the reporting entity, electricity-related activities not covered in Scope 2, outsourced activities, waste disposal, etc. Scope 3 emissions (also known as value chain emissions) often represent the largest source of greenhouse gas emissions.

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