IFF-LMR Gains Industry-First FairWild Certification for Peru Balsam
January 24 2019 - 4:15PM
Business Wire
Regulatory News:
IFF-LMR, a subsidiary of International Flavors & Fragrances
Inc (NYSE:IFF) (Euronext Paris: IFF) (TASE: IFF) gained FairWild
certification for Peru Balsam from El Salvador, an ingredient used
in perfumery. The certification recognizes the Company’s commitment
to conserving natural resources, sustainable harvesting processes
and fair working conditions. Once the harvest is complete, this
will be the first FairWild-certified flavor or fragrance ingredient
to be commercially available globally.
Established in 2008, the FairWild Foundation promotes the
sustainable use of wild-collected ingredients, with a fair deal for
those involved throughout the supply chain. FairWild Standards
ensure the continued use and long-term survival of wild species and
populations in their habitats, while respecting traditions and
cultures, and supporting the livelihoods of stakeholders.
Bertrand de Preville, General Manager, IFF-LMR said, “Gaining
FairWild certification for Peru Balsam underscores our commitment
to responsibly sourcing ingredients, conserving natural resources
and improving the livelihoods of farming communities.” Mr. de
Preville continued, “I am proud to say that IFF-LMR offers a
portfolio of sustainable fragrance ingredients that satisfy our
customers’ needs and reduce our environmental footprint.”
In addition to achieving FairWild certification for
wild-collected Peru Balsam, the Company has seven For Life
certified supply chains for natural ingredients; Rose harvested in
Turkey, Vetiver from Haiti, Geranium Oil from Egypt, Patchouli and
Ylang Ylang from Madagascar, Patchouli from Indonesia, Citronella
from Togo, and in France, Orris and Blackcurrant Bud. IFF-LMR’s
operational facilities in Grasse and Aumont-Aubrac are also For
Life certified.
For more information on sustainability at IFF, visit
iff.com/sustain.
About IFF-LMR
IFF-LMR began in 1984 as Laboratoire Monique Remy (LMR) in
Grasse, France, the historic cradle of perfumery. Launched with a
passion to use the best natural flowers, plants, spices and resins
to create the highest quality natural essential oils, concretes,
and absolutes for perfumery, the company was acquired by IFF in
2000. Since its founding, IFF-LMR has delivered some of the finest
natural ingredients in the industry. More information on IFF-LMR
and their products, as well as their fragrance product compendium,
can be seen on their website.
Meet IFF
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext
Paris: IFF) (TASE: IFF) is a leading innovator of scent, taste, and
nutrition, with over 110 manufacturing facilities, 100 R&D
centers, and 33,000 customers globally. 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 experience in more than 150,000
unique products sold annually. Our 13,000 team members globally
take advantage of leading consumer insights, naturals exploration,
research and development, creative expertise, and customer intimacy
to develop differentiated offerings for consumer products.
Learn more at www.iff.com, Twitter , Facebook,
Instagram, and LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20190124005711/en/
International Flavors & Fragrances Inc.Michael
DeVeauHead of Investor Relations and Communications &
Divisional CFO, Scent212.708.7164Michael.DeVeau@iff.com
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