NEW YORK--(BUSINESS WIRE)--Sep. 20, 2012--
International Flavors & Fragrances Inc. (NYSE: IFF), a leading global
creator of flavors and fragrances for consumer products, today announced
the publication of its second external sustainability report, entitled:
Seeds of Growth. The report describes IFF’s accomplishments in the area
of sustainability for its worldwide operations for the calendar year
2011.
“I believe we have done well and can be proud of what we have achieved
since last year,” said Doug Tough, Chief Executive Officer and Chairman.
“Our sustainability structure has more fully fleshed out a broad
commitment to sustainability and has driven it deeper into the
organization. This is not simply a top-down initiative, but one with
tremendous support at the grass-roots level throughout the IFF world.”
“I am inspired by the progress we are making with our sustainability
initiatives,” noted Nicolas Mirzayantz, Group President, Fragrances and
executive champion of IFF’s Sustainability Program. “Our customers
depend on us to deliver innovative and resourceful solutions to
differentiate their products and brands to meet consumer demand for more
sustainable products. By aligning our sustainability strategy with our
long-term business strategy we will be able to meet customer needs, as
well as the needs of all our stakeholders.”
IFF’s sustainability strategy is closely aligned with the company’s
business strategy. The strategy consists of four pillars:
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Our Products – Creating Innovative Customer Solutions
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Our People – Engaging and Inspiring Employees
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Our Sources – Sourcing Responsibly
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Our Impact – Strengthening Eco-Efficiency and Community Relationships
“Our formal sustainability structure integrates our strategy into every
area of our business,” said Kip Cleverley, Director of Global
Sustainability. “I am excited for our “seeds of growth” to continue to
take root at IFF and move us to new levels of sustainable growth
globally.”
The report was prepared using the G3.1 guidelines of the Global
Reporting Initiative (GRI), the global standard for such reporting, and
has obtained an Application Level Check of B+. In addition, IFF has
acquired external assurance for the report content from the ISOS Group,
an integrated sustainability consultancy firm and GRI-certified training
partner for the U.S. The full report, the GRI Content Index (which notes
the GRI indicators covered in the report and includes additional
substantive information about IFF), and an assurance letter from ISOS
are available for viewing at the company’s web site at iff.com/company/sustainability.aspx.
About IFF
International Flavors & Fragrances Inc. (NYSE: IFF) is a leading global
creator of flavors and fragrances used in a wide variety of consumer
products. Consumers experience these unique scents and tastes in fine
fragrances and beauty care, detergents and household goods, as well as
beverages, sweet goods and food products. The Company leverages its
competitive advantages of consumer insight, research and development,
creative expertise, and customer intimacy to provide customers with
innovative and differentiated product offerings. A member of the S&P 500
Index, IFF has more than 5,600 employees working in 32 countries
worldwide. For more information, please visit our website at www.iff.com.
Source: International Flavors & Fragrances Inc.
International Flavors & Fragrances Inc.
Media – Fragrances
Denise
Gillen, 212-515-7308
Denise.Gillen@IFF.com
or
Media
- Flavors
Carol Brys, 212-708-7121
Carol.Brys@IFF.com
or
Investors
Shelley
Young, 212-708-7271
Shelley.Young@IFF.com