IFF Drives Supply Chain Transparency by Joining Forces with Together for Sustainability
November 02 2015 - 4:30PM
Business Wire
Regulatory News:
International Flavors & Fragrances Inc. (NYSE:IFF)
(Euronext Paris: IFF), a leading global creator of flavors,
fragrances and cosmetic actives for consumer products, announced
today that its membership application for Together for
Sustainability (TfS) has been finalized and accepted. IFF is the
first flavors and fragrances company to join TfS and enters into a
growing consortium of multi-national companies committed to
ensuring sustainable practices throughout the supply chain.
Established in 2011, the TfS initiative has brought together 18
international chemical companies to date. Constantly expanding, the
organization is focused on implementing a standardized global
supplier engagement program for responsible procurement of goods
and services in the chemical industry and improving sustainability
practices of suppliers.
“The goals of TfS are perfectly aligned with IFF’s Vision 2020
business strategy,” said Francisco Fortanet, Executive Vice
President, Global Operations. “This endeavor complements our past
efforts and works to solidify our future efficiency goals. With
this collaboration, we will help to create an ecosystem of
customers, suppliers and partners who are committed to transparency
and accountability.”
“We look forward to working with TfS to help meet the increasing
social and environmental expectations of our global customers and
consumers,” said Kip Cleverley, Director, Global Sustainability.
“We are always exploring opportunities to collaborate and create a
more sustainable future for all.”
About IFF
International Flavors & Fragrances Inc. (NYSE:IFF)
(Euronext Paris: IFF) is a leading global creator of flavors,
fragrances, and cosmetic actives used in a wide variety of consumer
products. Consumers experience these unique scents, tastes, and
actives 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.
About Together for Sustainability (TfS)
TfS AISBL is a joint initiative of chemical companies for
sustainable supply chains. It was founded in 2011, to develop and
implement a global program to assess, audit and improve
sustainability practices within the supply chains of the chemical
industry. Currently it has 18 member companies worldwide and
intends to grow globally. For more information, visit www.tfs-initiative.com.
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International Flavors & Fragrances Inc.Michael DeVeauVP,
Global Corporate Communications & Investor
Relations212-708-7164
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