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IFF Recognized on CDP “A” List, Named a World Leader for Corporate Action on Climate Change
Each year, companies from around the world submit climate disclosures to CDP for an independent assessment against its scoring methodology. IFF ranked among the top 5% of the corporations participating in the program. CDP developed this list at the request of approximately 800 of its investor partners who represent more than a third of the world’s vested capital and who are committed to reducing long-term risks to the environment and local economies.
“When it comes to sustainability, we won’t accept the status quo,” said Andreas Fibig, CEO and Chairman, IFF. “This is why it is foundational to our Vision 2020 business strategy, and why we are committed to embedding sustainability throughout our business practices and our corporate culture. This honor confirms we are on the right path in our overall sustainability journey, and we will continue our efforts to reduce carbon emissions across our value chain.”
This recognition comes on the heels of a series of sustainability accomplishments, including:
- Gained industry-leading membership in the Together for Sustainability sustainable sourcing initiative
- Achieved For Life social responsibility certification for Turkish Rose, Patchouli, Basil, and Vetiver
- Met and surpassed initial 2020 water reduction goal of 25 %; reset goal to 50% by 2020
- Achieved Roundtable on Sustainable Palm Oil (RSPO) Certification for multiple facilities
World Business Council for Sustainable Development(WBCSD)
- Installed the industry’s largest solar array
- Awarded LEED Silver certification for Indonesia Flavors plant
For more information on IFF’s sustainability initiatives, see the Company’s 2014 Sustainability Report.
CDP’s executive chairman and co-founder
Michael DeVeau, 212-708-7164
VP, Global Corporate Communications & Investor Relations