IFF Celebrates Positive Transformational Change in 2017 Report
April 11 2018 - 4:15PM
Business Wire
Regulatory News:
International Flavors & Fragrances Inc. (NYSE: IFF)
(Euronext Paris: IFF), a leading innovator of sensory experiences
that move the world, announced in its newly published 2017
sustainability report that it has already surpassed its 2020 goals
for water, greenhouse gas emissions (GHGs), and hazardous waste,
among other achievements. The report details how the Company is
meeting or exceeding its strategic sustainability goals, as well as
how it is living up to its vision “To lead positive
transformational changes toward a regenerative, healthy and
abundant world.”
“Like all my colleagues at IFF, I am personally and deeply
passionate about doing the right thing for the environment and for
the future of our planet,” said Andreas Fibig, IFF Chairman and
CEO. “Embedding sustainable principles at every level of the
organization and throughout our value chain is how we feel we can
best contribute to our goals.” Mr. Fibig continued, “This
commitment throughout IFF is driving product and process innovation
from the labs and the shop floor to the offices and canteens.”
The Company made substantial progress in furthering its
sustainability ambitions, including:
- Exceeded its 2020 intensity goals for
greenhouse gas emissions (goal 25%, actual 33.8%); water (goal 50%,
actual 68.2%), hazardous waste (goal 25%, actual 42.1%)
- Supported smallholder mint farming
communities through the sponsorship of three READ centers in India,
which help to empower women and girls through literacy and
vocational training; continued support of Vetiver Together
initiative in Haiti
- Attained the industry’s first
GreenCircle LLC Zero Waste to Landfill certification for its South
Brunswick, N.J., U.S. flavors facility
- Launched employee-powered global
Diversity & Inclusion initiative
- Named to the Euronext Vigeo U.S. 50
Index
Gregory Yep, EVP, Chief Scientific & Sustainability Officer,
said, “In a year of great progress, surpassing our 2020 goals for
GHGs, water and hazardous waste is an exceptional accomplishment.
None of this would be possible without the passion, expertise, and
innovation of our people.”
“We are fortunate to have teams who relish the opportunity to
make their mark and help the world be a better place for their
colleagues, communities, and their children. They know that there
is a bigger benefit to a job extraordinarily well-done. When they
win, we all win!” said Kip Cleverley, VP Global Sustainability.
To read IFF’s 2017 Sustainability Report, click here or visit
iff.com/sustain.
# # #
Meet IFF
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, Twitter , Facebook, Instagram, and
LinkedIn.
International Flavors & Fragrances Inc.521 West 57th
StreetNew York, NY 10019
T +212.765.5500F +212.708.7132iff.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180411006303/en/
International Flavors & Fragrances Inc.Michael DeVeau,
212-708-7164VP, Corporate Strategy, Investor Relations &
CommunicationsMichael.DeVeau@iff.com
International Flavors an... (NYSE:IFF)
Historical Stock Chart
From Mar 2024 to Apr 2024
International Flavors an... (NYSE:IFF)
Historical Stock Chart
From Apr 2023 to Apr 2024