IFF Achieves EcoVadis Platinum Rating for Corporate Social Responsibility Leadership
21 Décembre 2020 - 10:15PM
Business Wire
Result Places IFF Among Top 1% of Companies
Assessed
IFF (NYSE:IFF) (TASE: IFF), a leading innovator of taste, scent,
nutrition & ingredients, announced today that it has been
awarded the 2020 EcoVadis platinum sustainability rating, a new and
more highly selective designation introduced by the internationally
recognized platform earlier this year.
As the leading solution for monitoring sustainability in global
supply chains, EcoVadis rates and benchmarks the quality of a
company's sustainability performance and management systems through
an assessment in four areas: Environment, Labor & Human Rights,
Ethics and Sustainable Procurement. With an overall score of 73%
for 2020 and noted strengths in Environment and Sustainable
Procurement, the award puts IFF among the top 1% of companies
assessed.
“IFF has been recognized in EcoVadis’ top performing category
every year since 2014. As they now set the bar higher through more
stringent criteria and the introduction of the Platinum category,
IFF is thrilled to match the pace by continuing to strengthen our
sustainability leadership position. While 2020 was a challenging
year in many ways, sustainability remained a top priority for us
and is an essential driver of our resiliency and success moving
forward,” said IFF Chairman & CEO, Andreas Fibig.
The rating follows other recent accolades IFF has received for
its sustainability performance. In addition to being named for the
first time to the Dow Jones Sustainability Indices, IFF was named
to “America’s Most Responsible Companies 2021” list by Newsweek for
the second consecutive year. IFF ranked first out of 43 companies
in the Materials industry and 18 out of 400 companies overall, up
17 spots from the inaugural listing of 300 companies last year.
Results were derived from publicly available key performance
indicators, as well as an independent survey of U.S. citizens.
IFF has also been recognized by global environmental non-profit
CDP, securing a place for the third consecutive year on its
prestigious ‘A List’ for tackling water security. CDP’s annual
environmental disclosure and scoring process is widely recognized
as the gold standard of corporate environmental transparency, and
IFF is one of a small number of high-performing companies out of
5,800+ that were scored. Through significant demonstrable action to
protect water resources, IFF is leading on corporate environmental
ambition, action and transparency worldwide.
For more on IFF’s commitment to sustainability, visit
www.iff.com/sustain.
Welcome to IFF
At IFF (NYSE:IFF) (TASE: IFF), we’re using Uncommon Sense to
create what the world needs. As a collective of unconventional
thinkers and creators, we put science and artistry to work to
create unique and unexpected scents, tastes, experiences and
ingredients for the products our world craves. Learn more at
iff.com, Twitter , Facebook, Instagram, and LinkedIn.
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Michael DeVeau Head of Investor Relations and Communications
212.708.7164 Michael.DeVeau@iff.com