IFF Publishes Sustainability Report with 2014 Performance Highlights
May 27 2015 - 7:30AM
Business Wire
International Flavors & Fragrances Inc. (NYSE:IFF), a
leading global creator of flavors and fragrances for consumer
products, today announced the publication of its 2014
sustainability report, Cultivating the Future. The report details
the Company’s continuing commitment to the Triple Bottom Line, with
strategic initiatives that strengthen corporate, social and
environmental responsibility throughout the organization for the
calendar year 2014.
“Like so many of our partners and customers, we are faced with
pervasive mega trends that cannot be overlooked: global climate
change, water scarcity, increasing world populations and health and
wellness needs. Throughout 2014, we continued to address the global
challenges faced by our industry while remaining committed to
providing our customers with responsible products in their supply
chains,” said Andreas Fibig, Chairman and Chief Executive Officer.
“While our achievements to date are undoubtedly significant,
challenges remain. We are focusing on addressing these challenges
while embedding sustainability further within our corporate
strategy, our culture and into everything we do at IFF.”
2014 Highlights
- Recognized by CDP for leadership in
climate disclosure
- Surpassed our 2020 water reduction goal
of 25% and increased the goal to 50%, thereby setting a leadership
pace in water stewardship
- Completed installation of the largest
solar array in the flavors and fragrances industry by partnering
with a leading solar supplier
- Institutionalized our commitment to the
12 Principles of Green Chemistry, an important differentiator in
product design, by expanding training to our scientists and
engineers globally
- Increased our commitment to responsible
sourcing through the purchase of Natural Ethics™ vanilla beans from
Madagascar and supported the construction of a local primary
school
- Led the industry by achieving
Roundtable for Sustainable Palm Oil (RSPO) Supply Chain
Certification for our key facilities in the United States, the
United Kingdom and the Netherlands
- Achieved For Life Social Responsibility
certification for IFF-LMR Naturals and its partner in Turkey
The report was prepared in accordance with the Global Reporting
Initiative’s (GRI) G4 Core sustainability reporting guidelines. The
full report and the GRI Content Index are available for viewing at
the Company’s web site at www.iff.com/sustainability.aspx
About IFF
International Flavors & Fragrances Inc. (NYSE: IFF) is a
leading global creator of flavors and fragrances used in a wide
variety of consumer products. Consumers experience these unique
scents and tastes in fine fragrances and beauty care, detergents
and household goods, as well as beverages, sweet goods and food
products. The Company leverages its competitive advantages of
consumer insight, research and development, creative expertise, and
customer intimacy to provide customers with innovative and
differentiated product offerings. A member of the S&P 500
Index, IFF has more than 6,200 employees working in 32 countries
worldwide. For more information, please visit our website at
www.iff.com and follow us on Twitter and LinkedIn
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version on businesswire.com: http://www.businesswire.com/news/home/20150527005723/en/
International Flavors & Fragrances Inc.Michael DeVeauVP,
Global Corporate Communications & Investor
Relations212-708-7164orDenise GillenManager, Fragrances
Communications212-515-7308orMicaela MordkowskiManager, Flavors
Communications212-708-7211
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