NEW YORK--(BUSINESS WIRE)--Jun. 27, 2013--
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, detailing its
ongoing commitment to corporate, social and environmental
responsibility. The report, Moving Forward, describes IFF’s
accomplishments in the area of sustainability for its worldwide
operations for the calendar year 2012.
“I believe we are on the right path to create a lasting influence over
how we do business by keeping the Triple Bottom Line in the forefront of
our thinking,” said Doug Tough, Chairman and Chief Executive Officer.
“By working on a global level, we consistently focus on our goals to
reduce carbon emissions, waste, energy and water use by 20+ percent by
Nicolas Mirzayantz, Group President, Fragrances and the Company’s
Executive Sustainability Champion, said “There’s a well-known proverb –
if you want to go fast, go alone; if you want to go far, go together. By
working with our employees, customers, suppliers and communities we are
actively moving forward and making a difference together, as evidenced
by the significant progress we made in 2012 in executing our
The report describes the progress IFF has made in each of its four
sustainability pillars, which are closely aligned with the Company’s
long-term business strategy:
Our Products: Creating innovative customer solutions
Our Impact: Strengthening our eco-efficiency and community
Our Sources: Sourcing responsibly
Our People: Engaging and inspiring our employees
“We continue to refine our strategy and embed sustainable business
practices throughout the organization,” said Kip Cleverley, Director of
Global Sustainability. “We are expanding responsibility for
sustainability beyond our own operations to our entire value chain.”
The report includes detailed information about IFF’s 2012 sustainability
The continuing reduction of carbon emissions, waste, energy and water
The introduction of Natural Ethics Vanilla™, which ensures the
purchase of vanilla from farmers who adhere to strict sustainability
The formal adoption of green chemistry principles and green chemistry
Doubled the number of IFF’s major suppliers registered with Supplier
Ethical Data Exchange (SEDEX).
Expanded Health & Wellness initiatives such as the introduction of a
new umbrella brand, FlavorFit™.
The expansion of a pioneering olfactotherapy treatment program, which
uses fragrance to help patients regain memories and speech ability
after trauma or coma.
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.
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 approximately 5,800 employees working in 32 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
Micaela Mordkowski, 212-708-7211