Givaudan is recognized for its leadership in water security by CDP with the highest ‘A’ score. This recognition follows a leadership score for climate action and places the company in the double ‘A’ category of best-performing businesses in terms of mitigating environmental impact.
“A double ‘A’ by CDP is amazing news. We’ve taken our sustainability commitments to the highest level, so being recognized for our efforts and achievements in the sustainable management of water resources has a lot of significance,” said Gilles Andrier, chief executive officer of Givaudan. “Driven by our purpose, we will keep setting ourselves ambitious targets to go further in our activities to safeguard precious natural resources.”
We have already surpassed our targets in sustainable water management by tackling the main contributors to consumption in industrial operations. Global sites review hotspots and bring technical improvements that drive our water efficiency strategy with success.
This year, Givaudan decreased water intensity by 26.8% since the baseline year 2009. Paul Simpson, chief executive officer of CDP, congratulated companies that achieved a position on CDP’s A list this year for leading in environmental performance and transparency. He said, “The scale of the business risks from the climate emergency, deforestation and water insecurity is vast – as are the opportunities from addressing them – and it’s clear the private sector has a vital role to play at this critical time. The A-list companies are leading the market to incorporate sustainability, tackling environmental risks, and setting themselves up to thrive in tomorrow’s economy.”
The climate change and water security A lists are published by CDP each year alongside the A list for leadership on tackling deforestation. A detailed and independent methodology is used by CDP to assess companies, allocating a score of A to D-based on the comprehensiveness of disclosure, awareness, and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.