UN SDG alignment IFF's Environmental Sustainability Policy is guided by alignment with the United Nations Sustainable Development Goals (UN SDGs), IPCC, and SBTi.
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Net zero by 2040 (Scope 1+2); 2050 net positive entire value chain IFF's pathway: by 2030 reduce absolute Scope 1+2 by 50% and Scope 3 by 30% (vs 2021 baseline); by 2040 achieve net zero S1+2 and 70% reduction in S3; by 2050 net positive across value chain. SBTi-approved 2030 target.
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Primary: Sustainable product innovation via I4S assessment 2030 goal: all new IFF innovations have a sustainability value proposition. For products launched 2023-2024, ~79% had a sustainability value proposition (91% in 2023, 63% in 2024). I4S methodology evaluates relative and absolute lifecycle benefits/risks. Enabled customers to avoid 27.3M tCO2e in 2024 - 16.5x IFF's own manufacturing emissions.
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Added Scope 3 categories 7, 9, 10, 12 to annual report Categories 7 (employee commuting), 9 (downstream transport), 10 (processing of sold), and 12 (end-of-life) were previously only in CDP responses but are now included in the annual sustainability report.
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Transitioning Scope 3 Cat 1 from spend-based to activity-based IFF is in the process of transforming its largest Scope 3 category (purchased goods and services) from spend-based to activity-based to engage directly with suppliers and obtain actual data.
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CDP A List 2024 Named to CDP's A list for climate change for the ninth time since 2015.
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SBTN baseline assessment and TNFD-aligned biodiversity risk assessment Completed TNFD LEAP-aligned qualitative biodiversity risk assessment (2023) and advanced SBTN Steps 1 (Assess) and 2 (Prioritize) in 2024 for nature/biodiversity targets. Committed to zero deforestation for strategic raw materials.
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Zero Waste to Landfill - 55% of major facilities verified 55% of major manufacturing facilities have achieved internal zero waste to landfill verification; on track to verify all by 2030.
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100% renewable electricity by 2030 via PPAs, vPPAs, on-site solar and RE100 IFF is a member of RE100 with a goal to procure 100% of electricity from renewable sources by 2030. In 2024, 453,087 MWh of renewable electricity was procured/produced (~29.7% of total electricity). Strategy includes on-site/off-site PPAs, vPPAs, green supply contracts and RECs. Executed a new vPPA in North America in 2024 following first European vPPA in 2022; these are expected to cover 40-50% of regional electricity. Latest installment: 5,000 solar panels (3,074 kW) installed at Tilburg, Netherlands site, expected to produce 2.79M kWh/year (~17% of Tilburg's energy).
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Primary: Manufacturing decarbonisation via Energy & Sustainability CAPEX In 2024, the CAPEX program funded 140+ site-led operational projects in 30 countries, reducing 18,000+ tCO2e from Scope 1+2 emissions. Includes energy efficiency, electrification of processes, and Energy Management Program with in-house energy audits. Linked to executive variable compensation.
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