IFF Champions Gender Equality in the Workplace, Becomes First Company to Achieve Global EDGE Move Certification
10 Décembre 2020 - 10:15PM
Business Wire
Regulatory News:
IFF (NYSE:IFF) (Euronext Paris: IFF) (TASE: IFF), a leading
innovator of taste, scent, and nutrition & ingredients, has
earned Economic Dividend for Gender Equality (EDGE) Move level
certification, globally, making it the first - and currently the
only - company to earn this level of recognition.
EDGE is the leading global assessment and business certification
for gender equality. Earning certification entails a rigorous
third-party review of gender representation, pay equity, the
effectiveness of policies and practices and the inclusiveness of an
organization’s culture. As part of the assessment, a global survey
is also distributed to employees to gauge perception of gender
equity in the workplace.
“Knowing IFF is the first company to receive global
certification at the EDGE Move level shows that we are aligned with
our overarching goals of creating a supportive and empowering
environment for all employees,” said IFF Chairman & CEO Andreas
Fibig. “Occupations in STEM have historically been a challenging
experience for women. With this third-party verification, IFF has
created a momentum of accountability and transparency to bolster
our efforts for full gender parity.”
Having achieved EDGE Assess in the U.S. last year, IFF went on
to achieve EDGE Move globally in 2020 with the certification of 21
countries, making this the largest number of countries ever
certified by EDGE at one time. Findings from the assessments led to
IFF formalizing policies and procedures supporting gender
inclusivity and equality. And results from the 2020 global
certification verified that IFF provides equal pay for equivalent
work in the 21 countries assessed.
“This certification identified our areas of strength and also
highlighted opportunities of growth,” said IFF CHRO and Chief
Diversity & Inclusion Officer Susana Suarez. “We are certainly
proud of our accomplishments, however our assessment gave us a
clear idea of where we can go from here. By focusing on core areas,
such as flexible work and recruitment and advancement, among
others, we know IFF will be in a better position to support the
women and men who call us home today and who will do so in the
future.”
As part of IFF’s upcoming 2021 combination with Dupont Nutrition
& Biosciences, it is projected that post-merger women will
represent 40% of the Executive Committee and 50% of the business
unit leads.
“IFF’s milestone achievement of Global EDGE Move certification
is a powerful and unambiguous step towards a more inclusive,
equitable and prosperous future powered by gender equality,” said
EDGE Co-Founder Aniela Unguresan. “Change requires leaders with
vision, courage, and resolve. IFF is that kind of leader,
leveraging gender equality as a key driver of sustainable business
success.”
Welcome to IFF
At IFF (NYSE:IFF) (Euronext Paris: 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