Our ethical business practices
The French subsidiary Biospringer, based to Maisons-Alfort, manufactures and sells baker yeast extracts and hulls, which are used in numerous food applications for their aromatic functions and are popular with major food groups such as Unilever, Nestlé and Givaudan.
Increasing customer confidence
These corporations implement social responsibility best practices throughout their supply chains and commit their suppliers to following their example. To this end, Biospringer joined the Supplier Ethical Data Exchange (SEDEX) in 2009.
This organisation aims to promote the sharing of ethical data in companies. Since 2012, the subsidiary has been participating in the Carbon Disclosure Project (CDP), which provides information on companies’ greenhouse gas emissions. It also collaborates with the CDP’s water programme, which aims to disclose companies’ water footprint.
These long-term commitments ensure longevity in the customer relationship and mobilise employees around meaningful issues that extend beyond the company’s boundaries. For example, Biospringer has signed two agreements with its client Unilever and has committed to reducing its greenhouse gas emissions by 20% compared to 2011.
Biospringer draws on three mechanisms to build a long-term relationship with its corporate clients:
- Sedex, a non-profit organisation, uses its online system to share information about ethical and responsible commercial practices in the supply chain between customers and suppliers.
- CDP, a non-profit organisation, has since 2003 been conducting an annual survey of major companies concerning the integration of climate change into their strategy, theirapproach to the carbon constraint and their greenhouse gas performances.
- The CDP’s water programme is an initiative launched by CDP in 2009. Its goal is to provide investors with better information on companies’ water consumption and their management policies.