IFF Named Top Company in the U.S. for Gender Equality in 2024
29 Février 2024 - 10:15PM
Business Wire
Company named #1 in America and #10 globally by Equileap’s
Gender Equality Global Report & Ranking
IFF (NYSE: IFF)—a world leader in food and beverage, home and
personal care, and health—has been named the top American Company
for gender equality and tenth globally by Equileap, a leading
organization providing data and insights on gender equality in the
corporate sector.
In its seventh annual Gender Equality Global Report &
Ranking, Equileap provides a status update on gender equality in
the corporate world, evaluating 19 different criteria that range
from the gender pay gap and female representation at all corporate
levels to parental leave and anti-sexual harassment policies. The
research examined 3,795 companies, representing 103 million
employees globally, that are listed on a major index or in one of
27 developed markets.
“We’re very proud of this recognition by Equileap—the largest
provider of gender data to the investor community—which highlights
the progress we’ve made and the deliberate actions we’ve taken to
achieve gender equality for IFFers,” said Deb Borg, IFF chief human
resources, diversity & inclusion, and communications officer.
“This progress belongs to all of us who have imagined a more
inclusive future and acted on that inspiration. We believe that
embracing the uniqueness of our diverse workforce unleashes
innovative possibilities at the intersection of science and
creativity.”
“By intentionally considering inclusion in how we make
decisions, build programs, implement our talent processes and
create policies, we ask ourselves how we are eliminating barriers
to access so that fair outcomes can flourish at IFF,” said Erik
Fyrwald, IFF CEO. “We know that a more diverse and inclusive IFF
benefits our people, customers, industry, and communities.”
IFF’s recognition as the leader in Gender Equality highlights
the following progress in 2023:
- Continued progress against its ESG aspiration of achieving
Gender Parity at all levels, reaching 40% of the Executive
Leadership Team and 38% of senior leadership in 2023
- Continued to analyze pay equity; data shows the Company has no
statistically significant gender pay gaps.
- Committed to the Living Wage Pledge and embarked on the journey
to ensure all our employees around the world receive a living wage
as defined within their country.
- Continued to pursue equitable representation in Leadership
Development programs.
- Piloted Ignite your Impact, a program designed to help women
navigate some of the unique challenges they face in
leadership.
- Launched Mentor@IFF, IFF’s enterprise-wide mentoring
program.
- Launched products through IFF Health that are helping women
navigate the symptoms of menopause.
- Increased spending with women suppliers by 13% in our Supplier
Diversity efforts.
- Supported women in the communities in which we work:
- In the LMR Serbian platform, IFF supported women's
entrepreneurship, providing access to alternative income streams by
empowering women to manage their own beehives and make honey to
sell to local markets.
- In the guar program in India, objectives included improving
knowledge and support devices for women's empowerment. The project
started in 2021, and since then, IFF has provided training to 230+
farmers and community members on the topic of women’s empowerment,
highlighting the importance of women’s role in the field. IFF also
provided 200 women farmers with farming tools to aid their
work.
“While we are proud of this recognition and our progress, we
recognize there’s much more to do,” said Borg. “In 2024, we will
continue our partnership with EDGE—which has been instrumental in
our efforts over the years—to advance equity at IFF. We will
undergo EDGE Certification in all countries with 200 or more
employees.”
To learn more about IFF’s leading Diversity, Equity and
Inclusion efforts, visit here.
Welcome to IFF At IFF (NYSE: IFF), an industry leader in
food, beverage, health, biosciences and scent, science and
creativity meet to create essential solutions for a better world –
from global icons to unexpected innovations and experiences. With
the beauty of art and the precision of science, we are an
international collective of thinkers who partners with customers to
bring scents, tastes, experiences, ingredients and solutions for
products the world craves. Together, we will do more good for
people and planet. Learn more at iff.com, Twitter, Facebook,
Instagram, and LinkedIn.
© 2024 by International Flavors & Fragrances Inc. IFF is a
Registered Trademark. All Rights Reserved.
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Media Relations: Paulina Heinkel 332.877.5339
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Investor Relations: Michael Bender 212.708.7263
Investor.Relations@iff.com
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