The flavours and fragrance company says it is launching plans to achieve 30% emissions reductions for some of its greenhouse gas emissions by 2030.
It is launching ‘ambitious’ science-based targets, according to the company, to ensure long-term growth. Its emissions reduction plan is split into specific targets for different categories of greenhouse gas.
Givaudan says it is “committing to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 30% between 2015 and 2030 … [and] also has a goal to reduce Scope 3 GHG emissions by 20% over the same period.”
“Givaudan is proud to set ambitious science-based targets that reflect our commitment as an industry leader while continually striving to anticipate the needs of our customers and their consumers,” Gilles Andrier, CEO Givaudan, said.
“By reducing absolute GHG emissions, we are delivering on our 2015 ‘Road to Paris’ commitment to mitigate climate change and are actively contributing to our customers’ own sustainability targets.”
How to do it?
The company says it plans to achieve a 30% GHG emissions reduction by 2030 by converting its electricity supply to fully renewable sources by 2025, and leading significant energy consumption reduction projects across its operations.
For its scope 3 target of 20% GHG emissions reduction, Givaudan will engage with its suppliers to reduce the carbon footprint of purchased goods and services, it says.
Existing commitments to reduce water usage and waste generation eco-efficiency targets remain unchanged.
These new commitments follow a 15% absolute reduction of GHG emissions from 2010 to 2015, says. Givaudan, and “represents a logical next step” in its 2020 strategy of ‘Responsible Growth. Shared Success.’