PARIS — Givaudan said it has created a foundation to buttress its commitment to charitable causes and its involvement in the communities where it operates.
The Swiss flavors and fragrance supplier’s Givaudan Foundation, an independent non-profit organization, was founded in Geneva.
“It will initiate and support projects, as well as grant donations, in the areas of humanitarian action, health, nutrition, science, education, development, environment and sustainable development,” the company said. “The foundation will focus on three main areas in which Givaudan is already engaged and where the company’s expertise and experience can be leveraged to make a difference: communities at source (support of local communities from which Givaudan sources natural ingredients), blindness and family nutrition.”
The company said the foundation marks a big step in its longstanding sustainable sourcing practice.
“We are very conscious of the intricate interdependence that exists between our company and the communities in which we operate, and we are very proud to be able to provide our support and make a meaningful difference in the lives of people,” said Matthias Währen, chief financial officer of Givaudan and president of the Givaudan Foundation board of trustees.
The foundation, whose project funding stems primarily from Givaudan, has already initiated some operations in Haiti, Laos, the Comoros Islands and Madagascar.