Givaudan

Givaudan, headquartered in Switzerland and operating in the Beverages industry, has demonstrated a strong commitment to climate action with comprehensive emissions reporting and ambitious reduction targets.

As of 2023, Givaudan's total reported greenhouse gas emissions were approximately 3.51 billion kg CO2e. This included Scope 1 emissions of approximately 135.75 million kg CO2e, Scope 2 emissions of about 17.11 million kg CO2e, and Scope 3 emissions of roughly 3.36 billion kg CO2e. Looking back, in 2022, their total emissions were about 3.68 billion kg CO2e, with Scope 1 at 162.17 million kg CO2e, Scope 2 at 29.29 million kg CO2e, and Scope 3 at 3.49 billion kg CO2e. In 2021, total emissions were around 2.32 billion kg CO2e (Scope 1: 144.42 million kg CO2e, Scope 2: 36.91 million kg CO2e, Scope 3: 2.14 billion kg CO2e). In 2020, Givaudan reported Scope 3 emissions of approximately 3.87 billion kg CO2e. For 2019, total emissions were approximately 1.98 billion kg CO2e (Scope 1: 103.14 million kg CO2e, Scope 2: 51.43 million kg CO2e, Scope 3: 1.83 billion kg CO2e). In 2018, total emissions were about 2.01 billion kg CO2e (Scope 1: 108.80 million kg CO2e, Scope 2: 55.05 million kg CO2e, Scope 3: 1.84 billion kg CO2e).

Givaudan's climate commitments are underpinned by Science Based Targets initiative (SBTi) approved goals. The company aims for net-zero greenhouse gas emissions across its entire value chain by 2045. For near-term targets, Givaudan commits to reducing absolute Scope 1 and 2 GHG emissions by 70% by 2030, from a 2015 base year. This target includes land-related emissions and removals from bioenergy feedstocks. Furthermore, Givaudan aims to reduce absolute Scope 3 GHG emissions by 25% by 2030, from a 2020 base year. For Scope 3 FLAG (Forest, Land and Agriculture) GHG emissions, the company targets a 30.3% reduction by 2030 from a 2020 base year and is committed to no deforestation across its primary deforestation-linked commodities by 31 December 2025.

Long-term targets include reducing absolute Scope 1 and 2 GHG emissions by 90% by 2045 (2015 base year), and absolute Scope 3 GHG emissions by 90% by 2045 (2020 base year). Additionally, Scope 3 FLAG GHG emissions are targeted for a 72% reduction by 2045 from a 2020 base year. Givaudan also aims for its operations (Scope 1 and 2) to be climate positive before 2040 and its supply chain to be climate positive before 2050. The company has also joined the UN Pledge "Business Ambition for 1.5°C".