IFF Sets 2020 Goals to Reduce Carbon, Waste by More Than 20 Percent
28 June 2013 --- International Flavors & Fragrances Inc. (IFF), a leading global creator of flavors and fragrances for consumer products, announced the publication of its latest annual sustainability report, detailing its ongoing commitment to corporate, social and environmental responsibility.
The report, Moving Forward, describes IFF’s accomplishments in the area of sustainability for its worldwide operations for the calendar year 2012.
“I believe we are on the right path to create a lasting influence over how we do business by keeping the Triple Bottom Line in the forefront of our thinking,” said Doug Tough, Chairman and Chief Executive Officer. “By working on a global level, we consistently focus on our goals to reduce carbon emissions, waste, energy and water use by 20+ percent by 2020.”
Nicolas Mirzayantz, Group President, Fragrances and the Company’s Executive Sustainability Champion, said “There’s a well-known proverb – if you want to go fast, go alone; if you want to go far, go together. By working with our employees, customers, suppliers and communities we are actively moving forward and making a difference together, as evidenced by the significant progress we made in 2012 in executing our sustainability strategy.”
The report describes the progress IFF has made in each of its four sustainability pillars, which are closely aligned with the Company’s long-term business strategy:
Our Products: Creating innovative customer solutions
Our Impact: Strengthening our eco-efficiency and community relationships
Our Sources: Sourcing responsibly
Our People: Engaging and inspiring our employees
“We continue to refine our strategy and embed sustainable business practices throughout the organization,” said Kip Cleverley, Director of Global Sustainability. “We are expanding responsibility for sustainability beyond our own operations to our entire value chain.”
The report includes detailed information about IFF’s 2012 sustainability performance, including:
The continuing reduction of carbon emissions, waste, energy and water use.
The introduction of Natural Ethics Vanilla™, which ensures the purchase of vanilla from farmers who adhere to strict sustainability guidelines.
The formal adoption of green chemistry principles and green chemistry training.
Doubled the number of IFF’s major suppliers registered with Supplier Ethical Data Exchange (SEDEX).
Expanded Health & Wellness initiatives such as the introduction of a new umbrella brand, FlavorFit.
The expansion of a pioneering olfactotherapy treatment program, which uses fragrance to help patients regain memories and speech ability after trauma or coma.
