Givaudan has been ranked in the top 1% of the EcoVadis Corporate Social Responsibility (CSR) assessment 2020, achieving its highest accolade; the platinum medal.
The EcoVadis assessment evaluates how well a company has integrated the principles of CSR into its business and management systems. It examines categories including environment, labour and human rights, ethics and sustainable procurement and assesses the performance of companies across multiple sectors. EcoVadis introduced its new platinum medal for the first time this year. The assessment highlighted the company’s particular strengths in the categories of labour and human rights, and sustainable procurement, with scores in the top 1%. Overall, the company achieved a score of 75/100, three points higher than its score from 2019.
Gilles Andrier, CEO of Givaudan comments: “We are extremely proud to have achieved platinum status in recognition for our work on Corporate Social Responsibility. As we strive to be a force for good, our teams continue to work incredibly hard to achieve our ambitious sustainability and purpose goals. EcoVadis is a stringent, independent assessment of this work and we are delighted to see these efforts recognised with our new rating.”
The company has been recognised in EcoVadis’ top performing category for the past 6 years. As part of the company’s ongoing focus on using its business as a force for good, the business announced in July that it is on a journey towards B Corp certification. In August they became a founding member of B Lab’s B Movement Builders; a brand new movement of publicly-traded organisations helping to redefine the future role of business in society.