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IFF (NYSE:IFF) today announced its environmental, social and governance (ESG) roadmap for the combined Company. The 2030 'Do More Good Plan' (the Plan) includes ambitious targets that are aligned with ....
IFF Achieves Key 2020 Sustainability Goals Second Annual Sustainability Webcast to be held May 20th IFF (NYSE:IFF) today announced the achievement of key 2020 sustainability goals that were set at the launch of the Company s sustainability program in 2010. During that time, IFF met and surpassed its original intensity-based targets for three environmental goals, resulting in a reduction in its greenhouse gas (GHG) emissions, water withdrawal and hazardous waste generation per metric ton of production by -42.6%, -67.1% and -41% below 2010 levels, respectively. IFF has also achieved its 2020 goal to have 100% of the palm oil used in its products be certified according to the Roundtable on Sustainable Palm Oil (RSPO) Mass Balance Supply Chain Model. ....
Dive Brief: International Flavors & Fragrances published unofficial pro forma results from fiscal year 2020 and videos demonstrating the future growth potential of the company following its $26.2 billion megamerger with DuPont Nutrition & Biosciences division. The deal officially closed Feb. 1. IFF s Nourish division which includes its ingredients, flavors and food design components brought in the most sales, worth $5.8 billion last year. The Health and Biosciences division is the second largest, with nearly $2.4 billion in sales. Scent brought the combined company about $2.1 billion in revenue last year, while Pharma Solutions had about $839 million. IFF has been transforming into a force to be reckoned with in the ingredients space following several key acquisitions, including the DuPont division at the beginning of this year and the $7.1 billion purchase of flavors and natural ingredients powerhouse Frutarom in 2018. The new IFF has not yet scheduled its n ....