What are your motivations for becoming ‘100% renewable’?
It is imperative that we take bold action to lessen the impacts of climate change and ensure the long-term availability of the raw and natural resources that we rely on for the creation of our fragrances and flavours. Our commitment to 100% renewable power is one means to deliver on our overall sustainability objectives and is also fully aligned with our ultimate aspiration to become a carbon-freecompany. We believe in a low-carbon future and are keen to do our part to see this become a reality.
Why do you think RE100 is a good initiative to join?
While our company can act in isolation and impact the world which is most immediate to us, by joining forces with other companies we have the opportunity to multiply our actions and our influence. Sharing this journey in partnership with other companies will give us the opportunity to exchange best practices, harmonise efforts and accelerate our positive impact.
What process did you go through to decide on your 100% goal?
The decision to commit to 100% renewable power is a logical next step on our path to achieving our long-term aspiration to become a carbon-free company. We took a look at the readiness of the organisation, both in terms of our structure as well as the engagement from our leadership, and agreed we were ready to stretch our ambitions. Internally, employees are more eager than ever to roll up their sleeves and contribute to reducing our environmental impact and our involvement in this initiative will provide them additional motivation.
What are your achievements so far?
While our work towards achieving 100% renewable power is still far from over, we’ve made solid progress since our focus on this area started in 2010. The percentage of all purchased electricity produced from renewable sources jumped from 20% in 2011 to 33% in 2014. Our ‘carbon-free’ electricity usage also increased significantly, from 38% to 52%, during the very same period. In Europe, the electricity sourced in Germany, Spain and Switzerland, is already 100% green. With other regions following suit, we are steadily making progress on achieving our commitment.
What opportunities and challenges have you encountered while working towards 100%?
Givaudan has a substantial global footprint including production facilities in 19 countries. In some countries, we have found a limited availability of electricity produced from renewable sources. While this does pose an initial challenge in sourcing renewable power, we see this as an opportunity to reach out and establish a stronger relationship with power suppliers. In addition, we look forward to leveraging the RE100 network to drive change in the availability of renewable power which will ultimately improve cost.
What plans are there for increasing your use of renewable electricity?
Our Eco-Efficiency Leadership Team (EELT) was established in 2011 to lead the organization in tackling our then newly released eco-efficiency targets. This team is pursuing a number of activities to reduce our overall energy consumption and support our aim to achieve 100% renewable electricity – the two go hand-in-hand. Additionally, we are pursuing green electricity as part of our energy procurement strategy. Globally, these efforts will reduce our overall reliance on traditional energy sources and contribute to our ambition to becoming a carbon-free company .
Why do you think it is important for companies to play a role in accelerating demand for renewable electricity?
The impact of climate change is undeniable so it is of critical importance that we stimulate the use of alternative energy sources and limit further damage to the planet. We embrace the opportunity to lead by example in reducing our environmental impact, including through the use and promotion of renewable energy sources. Private sector use of green energy can stimulate investments to develop the renewable energy sector. As a result, availability will increase and draw prices down resulting in the mainstreaming of renewable power as we collectively drive towards a low carbon economy.
Are there complimentary activities that you are pursuing to contribute to a low-carbon economy?
Our commitment to 100% renewable power is part of our aspiration to become carbon-free, one of the most significant means we can contribute to a low-carbon economy. Reducing our overall energy consumption will also contribute. By modifying our manufacturing processes, adapting our investment considerations and encouraging behavior change, we are decreasing our carbon footprint and reinforcing the importance of reducing energy consumption amongst our employees around the world.
Last updated: September 2015
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