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IFF Recognized by SAM’s 2019 “Industry Mover” Sustainability Award
“We are thrilled to receive this award from SAM,” said Andreas Fibig, IFF Chairman & CEO. “Our sustainability efforts are not only a key enabler of our overall strategy, but also a true passion here at IFF -- and we place it at the forefront of everything we do. It is deeply gratifying to have our work and our people recognized for doing the right thing for the planet.”
SAM’s 2019 scoring is based on its 2018 Corporate Sustainability Assessment. Using a weighted methodology, SAM evaluates companies for criteria such as: codes of business conduct, operational eco-efficiency, climate strategy, water-related risks and occupational health and safety. Within the top 15% of each industry, the company that has achieved the largest proportional improvement in its sustainability performance compared to the previous year is named the SAM Industry Mover – naming IFF a top-scorer among 106 companies assessed at the industry-level in 2018.
IFF’s EVP, Chief Global Scientific & Sustainability Officer Dr.
In addition to receiving the Industry Mover award, the Company earned a spot in SAM’s Sustainability Yearbook for the 2019 year. Inclusion in the Yearbook requires a qualitative examination of media coverage and publicly available stakeholder information, provided by RepRisk ESG Business Intelligence. IFF earned the top score within the flavor and fragrance industry.
Additionally, the Company was named to:
- Barron’s 100 Most Sustainable Companies List, recognizing IFF’s exceptional environmental, social and corporate governance performance
- Vigeo Eiris’ Euronext Vigeo World 120 index, identifying IFF as
one of the global leaders of corporate responsibility within the
- CDP’s “A” Listfor Climate Change and Water Security, placing IFF amongst the top-scoring companies for environmental responsibility
- FTSE Russell’s FTSE4Good sustainability index, confirming IFF’s commitment to improving labor standards and working conditions throughout its supply chains
For more information on sustainability at IFF, visit iff.com/sustain.
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Head of Investor Relations and Communications & Divisional CFO, Scent