05.30.24
IFF released its 2023 Do More Good Report, which outlines the company’s progress towards better environmental, social, governance, and sustainable solution (ESG+) strategies.
The report showed that IFF enabled customers and consumers to avoid approximately 24.6 million tons of CO2e emissions using IFF innovations, amongst other achievements.
Erik Fyrwald, IFF CEO, said, “Sustainability for us at IFF is more than just a cost of doing business today – it drives everything we do. Our passion for sustainable innovation, coupled with ambitious target-setting is vital in helping our customers achieve their sustainability goals and targets.”
The report shared that IFF is one of the largest global buyers and harvesters of seaweed for hydrocolloids, which are essential ingredients in many foods, pharmaceuticals, fertilizers, and cosmetics.
As part of its commitment to support members of the seaweed value chain, IFF partnered with Bellona, an environmental NGO, to restore seaweed forests in northern Norway overtaken by more than 300 invasive species of sea urchins. Returning about 5,000 km2 of urchin barrens into kelp forests.
The 2023 report is the third year of the Do More Good Plan. The Plan is built upon four pillars: Sustainable Solutions, Climate & Planetary Health, Equity & Wellbeing, and Transparency & Accountability. The Do More Good Report outlines IFF’s achievements in each respective pillar.
See the full report here.
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The report showed that IFF enabled customers and consumers to avoid approximately 24.6 million tons of CO2e emissions using IFF innovations, amongst other achievements.
Erik Fyrwald, IFF CEO, said, “Sustainability for us at IFF is more than just a cost of doing business today – it drives everything we do. Our passion for sustainable innovation, coupled with ambitious target-setting is vital in helping our customers achieve their sustainability goals and targets.”
2023 Key Accomplishments
- Ten new IFF facilities achieved internal zero waste to landfill (ZWL) verification, totaling 51 ZWL major manufacturing facilities to date.
- ESG leadership recognition, such as qualifying as a constituent of the Dow Jones Sustainability Indices, North America, for the fourth consecutive year.
- 21% reduction in Scope 1 and 2 GHG emissions below 2021 baseline levels.
- No statistically relevant gender pay gap in 27 countries assessed through EDGE Move level global certification.
- Nine in-person human rights impact assessments were completed for strategic supply chains in six countries.
- 100% employee completion rate on annual business ethics training.
The report shared that IFF is one of the largest global buyers and harvesters of seaweed for hydrocolloids, which are essential ingredients in many foods, pharmaceuticals, fertilizers, and cosmetics.
As part of its commitment to support members of the seaweed value chain, IFF partnered with Bellona, an environmental NGO, to restore seaweed forests in northern Norway overtaken by more than 300 invasive species of sea urchins. Returning about 5,000 km2 of urchin barrens into kelp forests.
The 2023 report is the third year of the Do More Good Plan. The Plan is built upon four pillars: Sustainable Solutions, Climate & Planetary Health, Equity & Wellbeing, and Transparency & Accountability. The Do More Good Report outlines IFF’s achievements in each respective pillar.
See the full report here.
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