International Flavors & Fragrances (IFF) has released its 2016 sustainability report, which reports that it has exceeded its goal of 50 reduction in water use intensity, reaching 58 percent.
The report, named Circular in Design, focuses on deepening the role of sustainability as an enabler of the company’s overall Vision 2020 business strategy.
Andreas Fibig, Chairman and Chief Executive, said, “For the second consecutive year, we achieved the CDP Climate “A” List rating for our leadership in carbon management and disclosure. Additionally in 2016, we accomplished our goal of expanding ISO 14001 certification to all of our manufacturing facilities around the world. And in Mexico and Spain, we honored the efforts of our manufacturing sites with IFF’s Most Sustainable Site award for their inspiring advances in eco-effectiveness.”
With the flavors, fragrance and cosmetic active and functional ingredients market set for a further 2-3 percent growth by 2020, the company is taking steps to deepen its sustainability plan for its overall Vision 2020 business strategy.
The report highlighted successes such as the opening of an on-site turbine at the company’s Tilburg, Netherlands site – an industry first – the initiation of the Vetiver Together partnership, which aims to improve the lives of Haitian farmers and strengthen the supply chain, and the launch of the first cradle-to-cradle certified fragrance, PuraVita.
Looking to the future, the company has made a commitment to reduce its energy intensity by 20 percent by 2020, while also setting a 25 percent reduction goal in GHG emissions intensity and a bid to reduce its hazardous waste generation intensity by 25 percent over the same period.