IFF Reconfirms Sustainability Goals as it Celebrates Climate Week; Signs UN’s Business Ambition for 1.5°C: Our Only Future
24 Septembre 2019 - 10:15PM
Business Wire
Regulatory News:
IFF, a leading innovator of taste, scent, nutrition and
ingredients (NYSE: IFF) (Euronext Paris: IFF) (TASE: IFF)
reconfirmed its commitment to mitigate climate change by signing
the UN’s Business Ambition for 1.5°C: Our Only Future pledge. In
doing so, IFF joins almost 90 like-minded companies in committing
to set science-based emissions targets to limit global temperature
rise to 1.5-degrees Celsius. This action is in line with IFF’s
recently launched purpose statement: To redefine how we live in and
care for the resources of our world.
To help make good on the coalition pledge, the Company is
employing a strategy of energy efficiency and increasing its use of
renewable energy. In the US, IFF is expanding its reliance on solar
to run its R&D center in New Jersey. As part of its
EcoEffective+ environmental initiatives, IFF already set a leading
emissions target for 2025, approved by the Science Based Target
initiative (SBTi), and in line with the Paris Climate Agreement’s
global warming goals.
IFF Chairman & CEO Andreas Fibig said, “We were able to
confidently sign on to the UN coalition because of the stringent
targets we set for ourselves last year. Our goals are aggressive
and ambitious, and we continuously challenge ourselves to do more
for our future generations.”
In addition to signing on to the UN coalition, IFF’s EVP, Chief
Global Scientific & Sustainability Officer, Dr. Gregory Yep,
will host the World Business Council for Sustainable Development’s
(WBCSD) CEO Breakfast: Disruption Impacting your Business Within 10
Years at the upcoming Climate Action Summit at the 209th UN General
Assembly (UNGA). This year’s meeting will
focus on key trends and drivers for business, including the
increasing scale and need for a circular economy.
Mr. Fibig concluded, “We aim to do more for the world than just
satisfy the senses. We want to do good, for people and planet.
We’re not perfect, but we’re committed to pushing for more at every
opportunity. And I am proud that our people stand behind this
commitment and are willing to act on it, every day!”
To join the movement and take action, visit:
unglobalcompact.org/OurOnlyFuture
For more information on IFF’s sustainability initiatives, visit
iff.com/sustain.
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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IFF Michael DeVeau Head of Investor Relations and Communications
& Divisional CFO, Scent 212.708.7164 Michael.DeVeau@iff.com