Givaudan included in CDP Supplier Engagement Leaderboard
Givaudan has been included once again in CDP’s prestigious Supplier Engagement Leaderboard. Its inclusion places it in the top 7% of companies out of more than 9,600 who disclose their environmental data through CDP annually.
The news follow’s the company’s recent CDP double-A rating for leadership in Climate and Water, announced in December 2020. CDP’s Supplier Engagement Leaderboard recognises the companies which have received the highest ratings in CDP’s Supplier Engagement Rating (SER). The SER is designed to assess and catalyse action on corporate supply chain engagement on climate issues, based on the CDP climate change questionnaire. It covers governance, targets, value chain (scope 3) emissions and supplier engagement strategies, and factors in a company’s climate score.
Willem Mutsaerts, Head of Global Procurement and Sustainability comments: “We’re proud to be recognised by CDP as leaders in supply chain engagement. Against the backdrop of the climate crisis, it is vital that we accelerate action across our value chain as we pursue bold purpose and sustainability ambitions – like our ambition to become climate positive before 2050.”Achieving this requires collaboration not just within Givaudan, but with our suppliers, customers, stakeholders, colleagues and partners. As businesses re-examine their role in society, we must be resilient and prepared for the risks of a constantly-changing world. Now more than ever businesses must come together and lead the way as a force for good.”
Sonya Bhonsle, Global Head of Value Chains, CDP: “Companies’ emissions don’t end at the factory door. In fact, CDP data shows a company’s supply chain emissions are over 11.4 times greater than its direct emissions on average. Meaningful corporate climate action means engaging with suppliers to reduce emissions across the value chain. Despite the challenges from COVID-19, in 2020 nearly 400 companies achieved a place on CDP’s Supplier Engagement Leaderboard. Congratulations to these companies – as Supplier Engagement Leaders, they are driving the transition towards the net-zero sustainable economy”.