RVBA-IFF

IFF — full event log

Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.

← back to Data by year

2025· 1 event

Divestiture of Pharma Solutions to RoquetteData confidence — high

On May 1, 2025, IFF completed the divestiture of its Pharma Solutions business unit to Roquette. 2024 data still includes Pharma Solutions.

sustainability_report p.41

2024· 18 events

UN SDG alignmentData confidence — high

IFF's Environmental Sustainability Policy is guided by alignment with the United Nations Sustainable Development Goals (UN SDGs), IPCC, and SBTi.

sustainability_report p.46

Net zero by 2040 (Scope 1+2); 2050 net positive entire value chainData confidence — high

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.

sustainability_report p.47

Primary: Sustainable product innovation via I4S assessmentData confidence — high

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.

sustainability_report p.21

Added Scope 3 categories 7, 9, 10, 12 to annual reportaffects scope 3 co2eData confidence — high

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.

sustainability_report p.38

Transitioning Scope 3 Cat 1 from spend-based to activity-basedData confidence — high

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.

sustainability_report p.38

CDP A List 2024Data confidence — high

Named to CDP's A list for climate change for the ninth time since 2015.

sustainability_report p.8

SBTN baseline assessment and TNFD-aligned biodiversity risk assessmentData confidence — high

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.

sustainability_report p.52

Zero Waste to Landfill - 55% of major facilities verifiedData confidence — high

55% of major manufacturing facilities have achieved internal zero waste to landfill verification; on track to verify all by 2030.

sustainability_report p.34

100% renewable electricity by 2030 via PPAs, vPPAs, on-site solar and RE100Data confidence — high

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).

sustainability_report p.49

Primary: Manufacturing decarbonisation via Energy & Sustainability CAPEXData confidence — high

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.

sustainability_report p.47

Dependent: Purchased goods & services (Scope 3 Cat 1) - 70%+ of total Scope 3Data confidence — high

Scope 3 Cat 1 accounted for 4.0M tCO2e in 2024 (>70% of Scope 3). IFF is transitioning from spend-based to activity-based methodology and engaging 200 strategic suppliers via CDP Supply Chain (70% response rate). Together for Sustainability (TfS) audits and EcoVadis/Sedex assessments drive supplier improvement.

sustainability_report p.49

Dependent: End-of-life treatment of sold products (Scope 3 Cat 12)Data confidence — high

Cat 12 emissions were 489,508 tCO2e in 2024 - one of the larger Scope 3 categories. Addressed via circular economy principles, the Innovation for Sustainability (I4S) assessment, and biodegradable/upcycled product design (e.g., DEB technology converting plant sugar into biopolymers replacing fossil-based polymers).

sustainability_report p.58

Project Blue water assessment launchedData confidence — high

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.

sustainability_report p.35

Human Rights Impact Assessment initiatedData confidence — high

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.

sustainability_report p.70

Reasonable assurance for North American environmental indicatorsData confidence — high

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.

sustainability_report p.38

Nature-based removals and insetting via regenerative agricultureData confidence — high

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).

sustainability_report p.30

Primary: Renewable electricity procurement (RE100, vPPAs, on-site solar)Data confidence — high

Reaching 100% renewable electricity by 2030 is the primary lever for Scope 2 decarbonisation. Procured 453K+ MWh renewable electricity in 2024 (~30% of total electricity use). Strategy includes new vPPAs in NA and Europe expected to cover 40-50% of regional needs.

sustainability_report p.47

Dependent: Regenerative agriculture and sustainable sourcingData confidence — high

For food customers, the largest Scope 3 emissions come from agriculture (crops, dairy, livestock). IFF partners with agricultural processors on regenerative agriculture programs - carbon insetting via soil carbon sequestration, no-till farming, cover cropping, crop rotation. Sustainable Soy Policy targets DCF sourcing by 2025; in 2024 70% of global soy supply was DCF.

sustainability_report p.30

2023· 1 event

Restated 2023 Scope 3 Category 3 (fuel & energy related)affects scope 3 fuel energy relatedData confidence — high

In 2023, Scope 3 Category 3 contained duplicate data from the prior year, resulting in over-calculation. The figure has been corrected in this report.

sustainability_report p.38