Givaudan launches new humanitarian fund
First donation of CHF 100,000 will support flood response and recovery in Valencia, Spain
Givaudan has today announced the creation of a new humanitarian fund, which will provide financial support during major crises like natural disasters, pandemics, and conflict in areas where the Company is present.
To coincide with the fund’s launch, a donation of CHF 100,000 will be made to support response and recovery efforts in communities affected by the flooding in Valencia, Spain. The donation will be made to the Spanish Red Cross who are working tirelessly on the ground as part of the ongoing relief efforts. Givaudan currently has four sites across Spain.
Since 2020, Givaudan has donated to humanitarian efforts via its COVID Community Fund and in response to the Ukraine war and earthquakes in Turkey and Morocco. This is in addition to the annual Givaudan donation to its Foundation.
The new Givaudan Humanitarian Fund will help improve the impact and efficiency of Givaudan humanitarian donations. It will be centrally administered, but will allow any Givaudan colleague to put forward a proposal for a relevant donation in their location.
“We remain committed to supporting our communities across the globe and our new Givaudan Humanitarian Fund is an important way of continuing to act on this commitment. As we make our inaugural donation as part of the fund to support communities in Valencia, we express our heartfelt sympathies and condolences to all who have been affected by these devastating events. The vital work of the Spanish Red Cross is delivering invaluable aid and support to communities and we are proud to be able to support their ongoing efforts.”
Simon Halle-Smith, Head of Global Human Resources and EHS
For further information on how Givaudan supports communities, read the communities section of our latest Integrated Report.
About Givaudan
Givaudan is a global leader in Fragrance & Beauty and Taste & Wellbeing. We celebrate the beauty of human experience by creating for happier, healthier lives with love for nature. Together with our customers we deliver food experiences, craft inspired fragrances and develop beauty and wellbeing solutions that make people look and feel good. In 2023, Givaudan employed 16,260 people worldwide and achieved CHF 6.9 billion in sales with a free cash flow of 13.3%. With a heritage that stretches back over 250 years, we are committed to driving long-term, purpose-led growth by improving people’s health and happiness and increasing our positive impact on nature. This is Givaudan. Human by nature. Discover more at www.givaudan.com.
For further information please contact
Claudia Pedretti, Head of Investor and Media Relations
T +41 523 540 132
E claudia.pedretti@givaudan.com
Sara Neame, Sustainability Communications
E sara.neame@givaudan.com