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IFF Makes Barron's 100 Most Sustainable Companies List

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IFF has been named to Barron’s 100 Most Sustainable Companies List, commending the company’s ESG-based efforts.

International Flavors & Fragrances, Inc. (IFF) has announced its third consecutive recognition on Barron’s 100 Most Sustainable Companies List, joining the ranks of 99 leading U.S. companies assessed for environmental, social and corporate governance practices.

In partnership with U.S.-based investment advisory firm Calvert Research and Management, the index, which first launched in February 2018, was compiled by evaluating the 1000 largest publicly traded companies against hundreds of environmental, social and governance (ESG) performance indicators.

These indicators address topics like workplace diversity, data security and greenhouse-gas emissions, which were then used to rank each company’s performance in five key constituencies: shareholders, employees, customers, community and the planet.

IFF’s achievements throughout 2019:

  • Furthers environmental goals focused on emission reductions, zero waste to landfill and water stewardship through “EcoEffective+”
  • Signed the United Nations’ “Business Ambition for 1.5°C—Our Only Future” pledge
  • Received Double-A distinction from CDP for climate change (fifth consecutive) and water security (second consecutive)
  • Opened the industry’s largest solar array at its Union Beach, New Jersey, property, which is expected to generate over 9,000,000 kilowatt hours annually
  • Signed onto the United Nations Global LGBTI Standards of Conduct for Business, a pledge to tackle discrimination against lesbian, gay, bisexual, transgender and intersex (LGBTI) people in the workplace, marketplace and community
  • Pledged to adopt the United Nations Women’s Empowerment Principles, a set of seven tenets to advance and empower women and provide equal treatment in the workplace, marketplace and community
  • Received the 2019 “Industry Mover” award from SAM—a subsidiary of RobecoSAM specializing in providing ESG data, benchmarks and ratings—for its top-scoring performance in economic, social and environmental categories
  • Pledged to achieve a full global EDGE certification in 2020, to advance its certification from the Economic Dividends for Gender Equality (EDGE) for its business in the United States
  • Installed a series of nesting platforms to support the conservation of ospreys, a North American raptor species challenged by environmental changes

“We are delighted to once again be named to Barron’s prestigious sustainability index,” said Andreas Fibig, IFF chairman and CEO. “This recognition is further testament to our passionate employees across the world and IFF’s commitment to global sustainability leadership, as we redefine how we live in and care for the resources of our world.”

“This is a fantastic achievement for IFF, where sustainability priorities remain deeply connected to the overall success of our organization,” said Gregory Yep, Ph.D., IFF’s employee value proposition (EVP), chief global scientific and sustainability officer. “As IFF continues to grow and evolve, we remain focused on opportunities to create a smarter, greener and more viable company positioned to protect our planet and the well-being of future generations.”