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IFF Achieves Key 2020 Sustainability Goals


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. ....

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IFF touts 'potential' of new company following $26.2B merger with DuPont unit


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 ....

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