Taking positive action against climate change
A climate-positive future
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Our nature goals are backed by bold ambitions, and our aim to become climate positive before 2050 is one of our boldest.
A climate positive future
To be climate positive means not only to achieve net zero carbon emissions – i.e. to reduce all our greenhouse gas emissions to zero – but to remove more greenhouse gases from the atmosphere than we put in. We will do this by tackling greenhouse gas emissions in our own operations and across our supply chain, taking bold and rigorous steps to tackle this area, with a special focus on product formulations, transportation, energy and reforestation. Watch the video below to find out more.
Our climate action ambitions
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Our emission ambitions
Before 2050, we will be a climate positive business based on scope 1+2+3 emissions according to the greenhouse gas (GHG) protocol
TARGET OPERATIONS
Before 2030,
our operations’ carbon emissions
(scope 1+2) will be cut by 70%
Before 2040,
we will be climate positive
(baseline 2015)
STATUS 2023
– 43%
Element
Actions and measures
Text
- Setting an internal carbon price
- Fixing site environmental targets and assessments
- Switching to renewable energy sources
- Signing the UN pledge ‘Business Ambition for 1.5°C’
- Promoting energy efficiency
TARGET SUPPLY CHAIN
Before 2030,
our supply chain emissions
(scope 3) will be cut by 20%
Before 2050,
we will be climate positive
(baseline 2015)
STATUS 2023
– 8%
Element
Actions and measures
Text
- Sourcing ingredients responsibly
- Developing low-carbon creations
- Driving circularity and upcycling
- Optimising packaging, logistics, transport of goods, business travel and employee commuting
- Supplier engagement
Our electricity ambitions
Before 2050, we will be a climate positive business based on scope 1+2+3 emissions according to the greenhouse gas (GHG) protocol
TARGET
By 2025,
100% of our entire electricity supply
to be converted to
fully renewable sources
STATUS 2023
94%
Element
Actions and measures
Text
- Committing to RE100 since 2015
- Setting site renewable electricity targets
- Generating on-site renewable electricity
On target
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On target
We have set stringent standards for ourselves and wish to be accountable for our climate action, every step of the way:
- In 2019, we were among the first major companies to join the fight against global warming and signed the UN Pledge Business Ambition for 1.5°C through the Science-Based Targets initiative.
- In September 2020 we signed the Corporate Leaders Group (CLG) Europe CEO letter to the EU on 2030 GHG emissions targets.
- We are part of Business for Nature, a global coalition of businesses that are urging governments to urgently adopt policies to reverse nature loss.
- By 2025, we will have achieved our RE100 commitment to convert our entire electricity supply to fully renewable sources.
- By 2030, we will have reached our Science Based Targets initiative-approved target to reduce operational emissions by 70% and supply chain emissions by 20%.
- In 2023, CDP once again awarded us its highest ‘A’ score for climate action.
Progress on climate action 2021-2022
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Progress on climate action 2021-2023
| Our targets | Progress 2021 | Progress 2022 | Progress 2023 | |
|
| Our operations’ carbon emissions (scope 1+2) will be cut by 70% before 2030 and will be climate positive before 2040 | –31% | –35% ¹ | –43% ¹ |
Our supply chain emissions (scope 3) will be cut by 20% before 2030 and will be climate positive before 2050 | 4% | –1% ¹ | –8% ¹ | |
| 100% of our entire electricity supply to be converted to fully renewable sources by 2050 | 84% | 90% | 94% |
| Givaudan will reach zero operational ² waste directed to landfill for all manufacturing sites by 2030 | n.a. 4 | 46% ³ | 58% ³ |
Givaudan will decrease its operational waste for disposal intensity by 15% by 2030 (baseline 2020) | n.a. 4 | +13% | +8% | |
| Improve water efficiency by a 25% water withdrawal rate reduction on sites facing water stress by 2030 (baseline 2020) | –4% | –13% | –18% |
We will continuously improve water efficiency on all other sites by a water withdrawal rate reduction | flat | –7% | –3% | |
100% of our wastewater discharge will meet or exceed regularly and industry standards by 2030 | in progress | in progress | 80% |
Compared to baseline year 2015.
Excluding one-time-only waste and waste sent to landfill only when other existing technical alternatives are not allowed due to regulatory requirements.
The status shows the percentage of sites already hitting our target.
New target in 2022.
Access our non-financial figures tool
For more on our latest progress, read our 2023 Integrated Report on economic and ESG performance.
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