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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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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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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Project Blue water assessment launched Launched Project Blue in 2024 to assess facility-level water use and set site-specific water stewardship targets. Plans to set goals by end of 2025 for priority facilities.
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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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Human Rights Impact Assessment initiated In 2024 IFF initiated corporate Human Rights Impact Assessment with human rights management consultancy to identify salient human rights issues in operations and supply chain. Established dedicated Human Rights team.
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Reasonable assurance for North American environmental indicators ERM CVS provided reasonable assurance for 2024 NA Scope 1, Scope 2 (LB and MB), and energy consumption metrics. Limited assurance for all other scopes.
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Nature-based removals and insetting via regenerative agriculture By 2050, IFF aims to be net positive across the entire value chain. Long-term commitment includes 'furthering carbon reductions/high-quality, nature-based and engineered removals across the value chain as a residual emissions offset mechanism.' Carbon insetting through regenerative agriculture supply chain partnerships (sustainable soy, cocoa, vanilla) is the primary current removal lever - enhancing carbon sequestration in trees/soil, no-till farming, cover cropping. Distinguishes insets (within supply chain) from offsets (external).
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