International Flavors & Fragrances Inc 2023 SR
The report highlights IFF's progress in 2023 under its Do More Good Plan, achieving a 21% reduction in Scope 1 and 2 greenhouse gas emissions compared to a 2021 baseline. The company successfully integrated its Innovation for Sustainability model, with 91% of new innovations demonstrating a sustainability value proposition. IFF conducted a comprehensive double materiality assessment aligned with ESRS and CSRD standards to prioritize ESG topics. Social achievements include reaching 27% women in executive management and maintaining EDGE Move certification for gender pay equity in 27 countries. Additionally, 10 new manufacturing facilities were verified as Zero Waste to Landfill, bringing the total to 51% of major sites.
Company: International Flavors & Fragrances Inc
Sector: Manufacturing
Country: United States
Year: 2023
Type: SR
Pages: 142
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International Flavors & Fragrances Inc
ESG Progress Report
The report highlights IFF's progress in 2023 under its Do More Good Plan, achieving a 21% reduction in Scope 1 and 2 greenhouse gas emissions compared to a 2021 baseline. The company successfully integrated its Innovation for Sustainability model, with 91% of new innovations demonstrating a sustainability value proposition. IFF conducted a comprehensive double materiality assessment aligned with ESRS and CSRD standards to prioritize ESG topics. Social achievements include reaching 27% women in executive management and maintaining EDGE Move certification for gender pay equity in 27 countries. Additionally, 10 new manufacturing facilities were verified as Zero Waste to Landfill, bringing the total to 51% of major sites.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
May 29, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees