Waste is a two-fold problem in the consumer goods industry, some products are disposed of for multiple reasons while on the other side, the waste is generated through packaging. There has been an increasing amount of single-use plastic and waste produced by FMCG companies.
Companies need to be more mindful of the waste generated throughout their value chain. Companies like Procter & Gamble and Dabur India recently announced that they have achieved 'plastic waste neutrality’ by recycling a big chunk of their post-consumer plastic packaging waste. Companies have been under pressure to manage waste to be environmentally sustainable and increase consumer awareness. Being responsible for the environment helps companies attract new customers as consumers prefer to do business with companies that share their values.
Givaudan SA (Givaudan) manufactures and sells fragrances and flavors. The company offers a range of fragrances for fabric, personal care, hair and skin care, household care, and oral care products. Givaudan’s flavors are mainly used in beverages, savory, snacks, sweet goods, and dairy industries. In the fragrances segment, the company's customers include personal, home, and laundry care brands, and perfumes. It markets its solutions to various industries, including beverages, savory-sweet goods, snacks, dairy and cheese, and nutraceuticals, among others.
The total waste generated by Givaudan in 2021 was 126.4 thousand tonnes, an increase of 19.53% over 2020. In 2021, of the total waste generated 43.03 thousand tonnes was hazardous waste, 81.02 thousand tonnes was non-hazardous waste, and 2.35 thousand tonnes was one-off waste.
In 2021, 29.38 thousand tonnes of hazardous and non-hazardous waste was incinerated and landfilled by the company. Givaudan increased its waste efficiency in 2021 by 8.23% to 50 kg per tonne of production.
The company aims to reduce waste by 4% per tonne of product, year-on-year average, compared to the 2015 baseline.
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