International Flavors & Fragrances (IFF) has announced that it has been named, for the first time, to the Dow Jones Sustainability Indices (DJSI), a group of benchmarks for investors who have recognized that sustainable business practices are critical to generating long-term shareholder value.
Previously: IFF at Perfumery for the New Normal
Named to both the 2020 World Index and the North America Index, this distinction underscores the company’s commitment to executing on key environmental, social and governance (ESG) priorities.
The SAM Corporate Sustainability Assessment (CSA) is used as the basis for evaluating and selecting companies for inclusion in the DJSI. IFF’s total CSA score places the company among the top 10% of sustainability performers in the world, as assessed from among the 2,500 largest companies in the S&P Global Brand Market Index.
Similarly, IFF ranks among the top 20% of the 600 largest companies in the S&P Global Brand Market Index in North America.
Previously: IFF Opens New Taste Creative Center in Dubai
“In line with our corporate purpose of redefining how we live in and care for the resources of our world, we are proud to be counted among this elite group of the world’s sustainability leaders,” said Andreas Fibig, chairman and CEO of IFF. “With a record number of companies participating this year amidst more stringent rules for inclusion, the recognition is a true testament to all IFFers who, daily, embrace a deep sense of sustainability in their work and who are continually finding uncommon ways to go beyond ‘business as usual’.”