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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