{"id":759780,"date":"2023-05-22T06:58:04","date_gmt":"2023-05-22T10:58:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/iff-highlights-progress-against-esg-strategy-in-new-do-more-good-report\/"},"modified":"2023-05-22T06:58:04","modified_gmt":"2023-05-22T10:58:04","slug":"iff-highlights-progress-against-esg-strategy-in-new-do-more-good-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/iff-highlights-progress-against-esg-strategy-in-new-do-more-good-report\/","title":{"rendered":"IFF Highlights Progress Against ESG+ Strategy in New Do More Good Report"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>IFF Highlights Progress Against ESG+ Strategy in New Do More Good Report<\/b><\/p>\n<p><i>Company showcases year-over-year performance, will host fourth annual ESG Webcast May 23<\/i><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nIFF (NYSE:IFF) today released its 2022 Do More Good Report, which highlights performance and progress against goals set forth in the Do More Good Plan, the Company\u2019s environmental, social, governance, <i>plus<\/i> sustainable solutions (or ESG+) strategy and roadmap that activates its purpose of applying science and creativity for a better world.<\/p>\n<p>\nThe Do More Good Report: IFF\u2019s 2022 ESG+ Progress, describes the first full year of performance and progress as One IFF following the 2021 merger with DuPont\u2019s Nutrition &amp; Biosciences division. IFF will hold a live webcast to discuss the Company\u2019s Do More Good Plan and goals, 2022 ESG+ results, and 2023 sustainability outlook on May 23, 2023, at 9:00 a.m. ET.<\/p>\n<p>\n\u201cWhen we launched our Do What Matters Most strategy in 2022, we committed to embedding ESG+ in all we do,\u201d said Frank Clyburn, IFF CEO. \u201cOur 2022 Do More Good Report illustrates the steps we\u2019re taking to deliver on our commitments to address sustainable development imperatives. Our world-class R&amp;D program and commitment to innovation fuels a pipeline of exciting sustainable solutions that are helping our customers reach their ESG goals and, in turn, responding to heightened consumer expectations on sustainability.\u201d<\/p>\n<p>\nThe 2022 Do More Good Report is organized according to the four pillars of the Do More Good Plan, which reflect the areas where the Company can have the greatest positive impact in addressing the world\u2019s most pressing sustainable development challenges: Sustainable Solutions; Climate &amp; Planetary Health; Equity &amp; Wellbeing; and Transparency &amp; Accountability.<\/p>\n<p>\n2022 performance highlights and achievements by IFF include:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nRecognized externally for ESG leadership, including being named to the Dow Jones Sustainability Indices for the third consecutive time, and maintaining the 2022 EcoVadis platinum sustainability rating, placing IFF among the top 1% of companies assessed;<\/p>\n<\/li>\n<li>\nEnabled customers and consumers to save more CO<sub>2<\/sub>e than generated at IFF\u2019s own manufacturing sites by accelerating the wider adoption of sustainable solutions in the marketplace, as documented by life cycle assessments;<\/p>\n<\/li>\n<li>\nNamed to the CDP Climate A list for the eighth consecutive year and completed its first virtual power purchase agreement, expected to cover approximately 30% of the total electricity needs of its European sites when it becomes operational at full capacity in 2024;<\/p>\n<\/li>\n<li>\nRecertified as EDGE Move level globally for its commitment to gender parity, and included in the Bloomberg Gender-Equality Index for the second time;<\/p>\n<\/li>\n<li>\nIntroduced a Global Parental Leave Policy that grants a minimum of 16 weeks of 100% paid leave for a new IFF parent, regardless of gender identity or expression;<\/p>\n<\/li>\n<li>\nLinked ESG performance metrics for reduction of greenhouse emissions and increases in company-wide gender representation to the Annual Incentive Plan Award for executive leaders, impacting 2022 variable compensation by 5%;<\/p>\n<\/li>\n<li>\nCompleted updates to its Code of Conduct training and certification campaign, achieving a 99.8% acknowledgment rate among employees.<\/p>\n<\/li>\n<\/ul>\n<p>\nTo learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.iff.com%2Fresponsibilities%2Fstrategy-reporting%2Freport-library&amp;esheet=53403729&amp;newsitemid=20230519005421&amp;lan=en-US&amp;anchor=iff.com%2Fresponsibilities&amp;index=1&amp;md5=b47a20cd60c2859c78b889ca53edbd31\">iff.com\/responsibilities<\/a> and use #DoMoreGoodxIFF to follow the conversation on its social channels.<\/p>\n<p><b><span class=\"bwuline\">Webcast<\/span><\/b><\/p>\n<p>\nIFF will hold a live webcast to discuss the Company\u2019s Do More Good Plan, 2022 key performance metrics, progress against 2030 goals and 2023 outlook on May 23, 2023 at 9:00 a.m. ET., where Mr. Clyburn will be joined by Michael DeVeau, Senior Vice President, Corporate Finance and Investor Relations; Dr. Greg Yep, Chief Research &amp; Development, Global Integrated Solutions and Sustainability Officer; Ralf Finzel, Chief Operations Officer; Deborah Borg, Chief Human Resources, Diversity, Equity &amp; Inclusion and Communications Officer; and Jennifer Johnson, General Counsel and Corporate Secretary. The webcast and accompanying slide presentation may be accessed on the Company\u2019s Investor Relations website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fir.iff.com%2F&amp;esheet=53403729&amp;newsitemid=20230519005421&amp;lan=en-US&amp;anchor=ir.iff.com&amp;index=2&amp;md5=22ed798a16e1ff1f0db552769c3f793f\">ir.iff.com<\/a>.<\/p>\n<p>\nIFF invites investors, analysts and all IFF stakeholders to participate by phone by calling 1-404-975-4839 from the United States and toll-free from other locations by calling +1-833-470-1428. The access code for the conference call is 758853, and a listen-only webcast will be available at ir.iff.com. For those unable to listen to the live webcast, IFF will post a recorded version on the Company\u2019s website approximately one hour after the event.<\/p>\n<p><b><span class=\"bwuline\">Welcome to IFF<\/span><\/b><\/p>\n<p>\nAt IFF (NYSE: IFF), an industry leader in food, beverage, scent, health and biosciences, science and creativity meet to create essential solutions for a better world \u2013 from global icons to unexpected innovations and experiences. With the beauty of art and the precision of science, we are an international collective of thinkers who partners with customers to bring scents, tastes, experiences, ingredients and solutions for products the world craves. Together, we will do more good for people and planet. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.iff.com%2F&amp;esheet=53403729&amp;newsitemid=20230519005421&amp;lan=en-US&amp;anchor=iff.com&amp;index=3&amp;md5=dfdea7ceef7303aa93a7279945429391\">iff.com<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fiff&amp;esheet=53403729&amp;newsitemid=20230519005421&amp;lan=en-US&amp;anchor=Twitter&amp;index=4&amp;md5=3977323dad9ee49fe5c3372cf7f08731\">Twitter<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FInternationalFlavorsandFragrances%2F&amp;esheet=53403729&amp;newsitemid=20230519005421&amp;lan=en-US&amp;anchor=Facebook&amp;index=5&amp;md5=747dceb2c6008513b4101f33e16c0a4a\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fiffinc%2F&amp;esheet=53403729&amp;newsitemid=20230519005421&amp;lan=en-US&amp;anchor=Instagram&amp;index=6&amp;md5=3ea997bc12f9fec2fc63fc061e251dd0\">Instagram<\/a>, and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fiff%2Fmycompany%2F&amp;esheet=53403729&amp;newsitemid=20230519005421&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=7&amp;md5=b202eb8520154680921fa609c8a56f7d\">LinkedIn<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230519005421r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230519005421\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230519005421\/en\/<\/a><\/span><\/p>\n<p>\nMedia Relations:<br \/>\n<br \/>Paula Heinkel<br \/>\n<br \/>332.877.5339<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Media.request@iff.com\">Media.request@iff.com<\/a><\/p>\n<p>\nInvestor Relations:<br \/>\n<br \/>Michael Bender<br \/>\n<br \/>212.708.7263<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Investor.relations@iff.com\">Investor.relations@iff.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Europe United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Environment Chemicals\/Plastics Specialty Professional Services Sustainability Manufacturing Food\/Beverage Cosmetics Environmental, Social and Governance (ESG) Retail<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230519005421\/en\/729366\/3\/New_IFF_logo_2019.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>IFF Highlights Progress Against ESG+ Strategy in New Do More Good Report Company showcases year-over-year performance, will host fourth annual ESG Webcast May 23 NEW YORK&#8211;(BUSINESS WIRE)&#8211; IFF (NYSE:IFF) today released its 2022 Do More Good Report, which highlights performance and progress against goals set forth in the Do More Good Plan, the Company\u2019s environmental, social, governance, plus sustainable solutions (or ESG+) strategy and roadmap that activates its purpose of applying science and creativity for a better world. The Do More Good Report: IFF\u2019s 2022 ESG+ Progress, describes the first full year of performance and progress as One IFF following the 2021 merger with DuPont\u2019s Nutrition &amp; Biosciences division. IFF will hold a live webcast to discuss the Company\u2019s Do &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/iff-highlights-progress-against-esg-strategy-in-new-do-more-good-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IFF Highlights Progress Against ESG+ Strategy in New Do More Good Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-759780","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IFF Highlights Progress Against ESG+ Strategy in New Do More Good Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/iff-highlights-progress-against-esg-strategy-in-new-do-more-good-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IFF Highlights Progress Against ESG+ Strategy in New Do More Good Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"IFF Highlights Progress Against ESG+ Strategy in New Do More Good Report Company showcases year-over-year performance, will host fourth annual ESG Webcast May 23 NEW YORK&#8211;(BUSINESS WIRE)&#8211; IFF (NYSE:IFF) today released its 2022 Do More Good Report, which highlights performance and progress against goals set forth in the Do More Good Plan, the Company\u2019s environmental, social, governance, plus sustainable solutions (or ESG+) strategy and roadmap that activates its purpose of applying science and creativity for a better world. The Do More Good Report: IFF\u2019s 2022 ESG+ Progress, describes the first full year of performance and progress as One IFF following the 2021 merger with DuPont\u2019s Nutrition &amp; Biosciences division. 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The Do More Good Report: IFF\u2019s 2022 ESG+ Progress, describes the first full year of performance and progress as One IFF following the 2021 merger with DuPont\u2019s Nutrition &amp; Biosciences division. 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