Reporting frameworks

Global Reporting Initiative (GRI)

Givaudan prepares its sustainability reporting in accordance with the GRI Standards, Core option. For the 2019 reporting, the 2016 versions of the GRI Standards have been used.

The most important sustainability information is included in the Integrated Annual Report. Strategic information about Givaudan’s sustainability approach, stakeholder engagement and the material topics can be found in Our Sustainability Approach. The newly created Sustainability GRI Index contains the GRI Content Index and the complete set of the selected GRI disclosures and detailed indicators. Sometimes there are references to other reports or websites for more information.

Environmental data (unaudited) is published in January 2020 from Q4 2018 to Q3 2019. An update with the full year data 2019 including the assurance statement is published in March 2020 through the Sustainability Highlights and the updated Sustainability GRI Index.

International Integrated Reporting Framework (<IR>)

Givaudan bases its integrated reporting on the framework published by the International Integrated Reporting Council (IIRC) and takes the following guiding principles and content elements into account.

Guiding Principles

Strategic focus and future orientation Connectivity of information Stakeholder relationships Materiality Conciseness

Reliability and completeness

Consistency and comparability

Content elements

Organizational overview and external environment

Governance

Business model Risks and opportunities

Strategy and resource allocation Performance Outlook Basis of presentation

Location / information

Integrated Annual Report pages 4–29 Throughout the Integrated Annual Report, especially pages 14, 15, 60 Our Sustainability Approach pages 42, 43 Our Sustainability Approach pages 44–53 The Integrated Annual Report outlines the key information for the Company’s value creation. Additional details can be found in the complementary reports.

Completeness is sought through the application of a materiality approach. Reliability is granted through internal audits and the external assurance of our financial and sustainability information.

The content of our reporting suite is presented in a consistent and comparable way through clear navigation, multiple year overviews and links and references to relevant pages, documents or online information.

Integrated Annual Report pages 12–15; Sustainability GRI Index pages 3–5 Integrated Annual Report pages 75–78; Governance, Compensation and Financial Report pages 1–17 Integrated Annual Report pages cover flap, 14, 15 Integrated Annual Report pages 12, 70–73; Governance, Compensation and Financial Report pages 50–59 Integrated Annual Report pages 4–29 Integrated Annual Report pages cover flap, 4–61, 82–89 Integrated Annual Report pages 5–9, 12, 33, 72, 73 Our Sustainability Approach pages 44–53

Sustainable Development Goals (SDGs)

Givaudan embraces its role as a corporate leader in global efforts to safeguard the future of the planet, meeting today’s needs without compromising the interests of future generations. The SDGs designed by the UN guide us in making positive impacts on the environment and wider society, helping us secure our business future.

Through our sustainability approach ‘A Sense of Tomorrow’, we actively support the delivery of those SDGs where we believe can make the greatest impact and so focus on 10 of the 17 global goals.

Goal 2: End hunger, achieve food security and improved nutrition and promote sustainable agriculture

Goal 3: Ensure healthy lives and promote well-being for all at all ages

Goal 5: Achieve gender equality and empower all women and girls

Goal 6: Ensure access to water and sanitation for all

Goal 8: Promote inclusive and sustainable economic growth, employment and decent work for all

Goal 9: Ensure sustainable consumption and production pattern

Goal 12: Build resilient infrastructure, promote sustainable industrialization and foster innovation

Goal 13: Take urgent action to combat climate change and its impacts

Goal 15: Sustainably manage forests, combat desertification, halt and reverse land degradation, halt biodiversity loss

Goal 17: Revitalize the global partnership for sustainable development

United Nations Global Compact (UNGC)

Givaudan adheres to the 10 principles of the UNGC in its business practices, comprising the four areas of human rights, labour standards, environment and anti-corruption.

Our sustainability reporting sets the basis for our annual Communication on Progress (CoP).

Human rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights

Principle 2: Make sure that they are not complicit in human rights abuses

Labour

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining

Principle 4: The elimination of all forms of forced and compulsory labour

Principle 5: The effective abolition of child labour

Principle 6: The elimination of discrimination in respect of employment and occupation

Environment

Principle 7: Businesses are asked to support a precautionary approach to environmental challenges

Principle 8: Undertake initiatives to promote greater environmental responsibility

Principle 9: Encourage the development and diffusion of environmentally friendly technologies

Anti-corruption

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery