NEW YORK--(BUSINESS WIRE)--Jun. 26, 2018--
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris:IFF),
a leading innovator of sensory experiences that move the world, today
launched new environmental goals focused on emission reductions, zero
waste to landfill and water stewardship. The initiatives are known
collectively as “EcoEffective+.”
“After surpassing three of our four 2020 environmental targets, I am
proud to say that EcoEffective+ will take us to 2025 and beyond,” said
Andreas Fibig, IFF Chairman and CEO. “We developed these goals by
reviewing what is essential to IFF, our stakeholders, and most
importantly, the planet.” Mr. Fibig continued, “We have an unyielding
commitment to the Earth and I believe that excellent environmental
stewardship is both good business and absolutely the right thing to do.”
The EcoEffective+ goals focus on the following areas:
The Company set an industry-leading emissions target, approved by the Science
Based Target initiative (SBTi). The SBTi independently assesses
and approves companies’ targets to help determine a pathway for
reducing companies’ emissions in line with the Paris Climate
Agreement’s goal of limiting global warming to well below 2°C above
By 2025, IFF will strive to reduce absolute GHG emissions by 30% and
encourage suppliers to set their own science-based reduction targets
and report annual emissions. 1
The Company will strive to procure 75% of its electricity portfolio
from renewable sources as part of its pledge to RE100 by 2025.
Zero Waste to Landfill
In line with its sustainability strategy rooted in circular economy
principles, IFF is committed to eliminating the concept of waste in
In 2017, the Company achieved the industry’s first GreenCircle Zero
Waste to Landfill certification at its South Brunswick, NJ, USA
Looking ahead, IFF will seek to achieve Zero Waste to Landfill status
at all major manufacturing facilities by 2025. 2
Since 2010, the Company has reduced its water use intensity by
approximately 68%, surpassing its 2020 target of 50%.
IFF will further reduce its fresh water consumption by using recycled
water for more than half of its non-product operations. In addition,
it will drive multi-stakeholder collaboration for water stewardship in
targeted communities where they source & operate.
Andreas Fibig signed the CEO
Water Mandate confirming IFF’s commitment to advance water
stewardship in partnership with the United Nations, governments,
peers, civil society, and others.
“Based on our success in achieving our previous targets, I’m confident
that our Green Teams around the world are well-equipped to take on this
new challenge,” said Francisco Fortanet, IFF EVP Operations.
“EcoEffective+ is the next step for IFF to further embed sustainability
principles, not only at the operational level but at the core of our
For more information on sustainability at IFF, visit iff.com/sustain.
1For the science-based target above, emissions include both
Scope 1 and 2 emissions from a 2015 baseline and IFF’s targeted
suppliers reflect 70% of IFF’s supply chain emissions.
2A major facility is defined as a site that generates over
100 metric tons of waste annually.
Consistent with best practices and applicable reporting framework
guidelines, the Company’s targets and baselines are based on current
operations and may be adjusted to reflect material changes to the
business, including the acquisition of Frutarom.
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International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF)
is a leading innovator of sensorial experiences that move the world. At
the heart of our company, we are fueled by a sense of discovery,
constantly asking “what if?”. That passion for exploration drives us to
co-create unique products that consumers taste, smell, or feel in fine
fragrances and beauty, detergents and household goods, as well as
beloved foods and beverages. Our 7,300 team members globally take
advantage of leading consumer insights, research and development,
creative expertise, and customer intimacy to develop differentiated
offerings for consumer products. Learn more at www.iff.com,
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Source: International Flavors & Fragrances Inc.
International Flavors & Fragrances Inc.
VP, Corporate Strategy, Investor Relations &