NEW YORK--(BUSINESS WIRE)--Jun. 12, 2014--
International Flavors & Fragrances Inc. (NYSE: IFF), a leading global
creator of flavors and fragrances for consumer products, announced the
publication of its latest annual sustainability report, Lasting
Change. The report details the Company’s continuing commitment to
the Triple Bottom Line, with its strategic initiatives that address
corporate, social and environmental responsibility, throughout the
organization for the calendar year 2013.
“Our vision is to create unique scent and taste experiences people love
and we are committed to doing that in a sustainable manner,” said Doug
Tough, Chairman and Chief Executive Officer. “Our sustainability efforts
are helping us make better business decisions that support a better
world – environmentally, socially and economically.”
Nicolas Mirzayantz, Group President, Fragrances and the Company’s
Executive Sustainability Champion, said “Sustainability at IFF is
becoming more deeply embedded in both the way we conduct our business
and also in our personal behaviors. Sustainability is an essential
expression of who we are and a key component of our long-term business
strategy. We see this as both an opportunity and a responsibility we
take very seriously.”
The new report includes detailed information about IFF’s 2013
sustainability performance and describes the progress made in the
Company’s four strategic sustainability pillars: Our Products, Our
Impact, Our Sources and Our People. Below are a few highlights:
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In 2012, IFF adopted the 12 Principles of Green Chemistry as an
important differentiator in product design and development, and during
2013 our scientists and engineers embraced the use of green chemistry
to embed sustainability in the earliest stages of molecule development.
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The Company has made substantial progress to reduce carbon emissions,
energy, waste and water use, exceeding our goals in reducing waste and
water use.
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Began the installation of the largest photovoltaic solar installation
in the flavors and fragrances industry at our Hazlet, NJ site, to
support the Company’s commitment to clean, renewable energy.
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Advanced our Health & Wellness portfolio by expanding our umbrella
brand, FlavorFit™.
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Developed and launched our first Natural Ethics™ product: Bourbon
vanilla, made with fully traceable vanilla beans from our partner
cooperatives in Madagascar, who adhere to strict sustainability
guidelines.
“With active Green Teams in more than 75 percent of our manufacturing
locations, we have a high level of cross-regional, multidisciplinary
employee participation in our sustainability program,” said Kip
Cleverley, Director of Global Sustainability. “We are leveraging the
work of these teams to ensure the cross-fertilization of ideas and the
sharing of best practices as we embed sustainability throughout IFF.”
IFF has invested in new facilities in Asia and the Middle East over the
past few years. In keeping with the Company’s commitment to minimize its
impact on the environment, buildings and manufacturing processes have
been designed and constructed based on the Leadership in Energy and
Environmental Design (LEED) principles with an emphasis on energy
efficiency, low water consumption, minimal waste, use of building
materials with high recycled content and the installation of energy
metering and trending systems to measure performance and consumption.
The report was prepared using the G3.1 guidelines of the Global
Reporting Initiative (GRI), the global standard for such reporting, and
has obtained an Application Level Check of B+. Digital and downloadable
versions of the full report and the GRI Content Index are available for
viewing at the Company’s web site at www.iff.com/company/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 6,000 employees working in 31 countries
worldwide. For more information, please visit our website at www.iff.com.
Source: International Flavors & Fragrances Inc.
Media – Fragrances
Denise Gillen, 212-515-7308
Denise.Gillen@IFF.com
Media
- Flavors
Micaela Mordkowski, 212-708-7211
Micaela.Mordkowski@iff.com
Investors
Shelley
Young, 212-708-7271
Shelley.Young@IFF.com