Energy Efficiency, GHG Emissions, Industrial - January 22, 2025
Givaudan’s 2045 Targets Validated by SBTi
Givaudan, a Swiss ingredients company, announced new milestones for its journey to to lower emissions across Scopes 1, 2 and 3 with the validation of its net-zero targets by the Science Based Targets initiative (SBTi).
The targets are aligned to SBTi’s net-zero standard and include an overall target to reach net-zero GHG emissions across its value chain by 2045. This is supported by new near and long-term targets including Forest, Land and Agriculture (FLAG) targets that proactively address the significant proportion of Givaudan’s emissions coming from its natural raw materials.
“The validation of our net-zero targets represents a significant new milestone in our climate journey. The world is changing fast and the impacts of climate change are becoming more visible every day. Climate action has never mattered more and while we can be proud of the progress we’re making, we must be clear that there is a long road ahead. We’re committed to continuing to accelerate progress with our customers, our suppliers and our partners as we work together to deliver concretely on our ambitions,” said Gilles Andrier, CEO of Givaudan, in a statement.
As of the end of 2023, Givaudan had achieved a 43% reduction in its Scope 1 and 2 emissions and an 8% reduction in its Scope 3 emissions since 2015.
The company has been recognized for five consecutive years with a CDP A for climate action.
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