IFF Reconfirms Sustainability Goals as it Celebrates Climate Week; Signs UN’s Business Ambition for 1.5°C: Our Only Future
24.9.2019 23:15:00 EEST | Business Wire | Press release
Regulatory News:
IFF, a leading innovator of taste, scent, nutrition and ingredients (NYSE: IFF) (Euronext Paris: IFF) (TASE: IFF) reconfirmed its commitment to mitigate climate change by signing the UN’s Business Ambition for 1.5°C: Our Only Future pledge. In doing so, IFF joins almost 90 like-minded companies in committing to set science-based emissions targets to limit global temperature rise to 1.5-degrees Celsius. This action is in line with IFF’s recently launched purpose statement: To redefine how we live in and care for the resources of our world.
To help make good on the coalition pledge, the Company is employing a strategy of energy efficiency and increasing its use of renewable energy. In the US, IFF is expanding its reliance on solar to run its R&D center in New Jersey. As part of its EcoEffective+ environmental initiatives, IFF already set a leading emissions target for 2025, approved by the Science Based Target initiative (SBTi), and in line with the Paris Climate Agreement’s global warming goals.
IFF Chairman & CEO Andreas Fibig said, “We were able to confidently sign on to the UN coalition because of the stringent targets we set for ourselves last year. Our goals are aggressive and ambitious, and we continuously challenge ourselves to do more for our future generations.”
In addition to signing on to the UN coalition, IFF’s EVP, Chief Global Scientific & Sustainability Officer, Dr. Gregory Yep, will host the World Business Council for Sustainable Development’s (WBCSD) CEO Breakfast: Disruption Impacting your Business Within 10 Years at the upcoming Climate Action Summit at the 209th UN General Assembly (UNGA). This year’s meeting will focus on key trends and drivers for business, including the increasing scale and need for a circular economy.
Mr. Fibig concluded, “We aim to do more for the world than just satisfy the senses. We want to do good, for people and planet. We’re not perfect, but we’re committed to pushing for more at every opportunity. And I am proud that our people stand behind this commitment and are willing to act on it, every day!”
To join the movement and take action, visit: unglobalcompact.org/OurOnlyFuture
For more information on IFF’s sustainability initiatives, visit iff.com/sustain.
Welcome to IFF
At IFF (NYSE:IFF) (Euronext Paris: IFF) (TASE: IFF), we’re using Uncommon Sense to create what the world needs. As a collective of unconventional thinkers and creators, we put science and artistry to work to create unique and unexpected scents, tastes, experiences and ingredients for the products our world craves. Learn more at iff.com, Twitter , Facebook, Instagram, and LinkedIn.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190924006001/en/
Contact information
IFF
Michael DeVeau
Head of Investor Relations and Communications & Divisional CFO, Scent
212.708.7164
Michael.DeVeau@iff.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Forrester Introduces AI Disruption Model To Assess AI’s Impact On Technology And Service Markets19.8.2026 12:00:00 EEST | Press release
According to Forrester’s (Nasdaq: FORR) AI Disruption Model, unveiled today, advancements in AI are disrupting technology markets at an unprecedented pace — enhancing the value of certain products and services while making others increasingly vulnerable to replacement. Two new reports, The Forrester AI Disruption Model: How AI Disrupts Or Accelerates Technology And Service Markets and The Forrester AI Disruption Model: Category Analysis, reveal that technology products and services that enable, secure, and govern AI are poised for significant growth due to organizations moving from experimentation to enterprise-scale deployment of AI applications and autonomous agents. In comparison, skills-based services will face disruption as AI assumes tasks that have traditionally depended on human expertise. Applied to 17 technology and service categories comprising more than 200 technology and service markets, the model analyzes whether AI is likely to accelerate, disrupt, reshape, or have limit
OKX Card Usage Surges Across Europe as Crypto Moves Into Everyday Spending19.8.2026 10:30:00 EEST | Press release
OKX, a leading global fintech company and crypto trading platform, today announced significant growth in everyday use of the OKX Card across Europe, with purchase volume increasing 280% year over year this summer and transactions rising 178%, as customers increasingly use the Card for routine spending including groceries, transport and fuel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260819423550/en/ The OKX Card is designed to bridge the gap between holding digital assets and using them in everyday life, bringing earning, spending, and rewards together within the broader OKX ecosystem. The growth comes as crypto cards gain momentum across the wider payments industry. Industry-wide crypto card purchase volume reached a record $759 million in July, signalling that digital assets are increasingly moving beyond trading and investment and becoming part of everyday financial life. OKX's own data shows that this shift is being
Qatar to Showcase Its Gaming Ambitions at Gamescom 202619.8.2026 10:00:00 EEST | Press release
Invest Qatar, the country’s Investment Promotion Agency, and Media City Qatar will participate at Gamescom 2026 through the “Qatar Pavilion”, highlighting Qatar’s growing role as a regional hub for game development, digital content and esports. Held annually in Cologne, Germany, Gamescom, a leading global event, brings together developers, publishers, investors and creators. Qatar’s participation reflects its focus on building a competitive, innovation-led ecosystem for gaming and interactive media. Mohammed Al Mulla, Head of Investment Development, Invest Qatar, said: “Gamescom provides a key platform to connect with global gaming leaders and highlight emerging opportunities across Qatar and the wider Middle East. We are focused on enabling companies to enter and scale in a high-growth market through a business environment designed for innovation and long-term success.” Dr. Fahad Abdulla Al Hajri, Business Development Manager, Media City Qatar, said: "Gaming is becoming one of the def
SAP strengthens its cloud infrastructure in Germany with BSI-approved Layer 1 encryption from Adva Network Security19.8.2026 10:00:00 EEST | Press release
Adva Network Security, an Adtran company, today announced that SAP is harnessing its Layer 1 encryption technology to secure connectivity between its data centers in Walldorf and St. Leon-Rot, Germany. The solution secures data directly at the optical transmission layer and is approved by the Federal Office for Information Security (BSI) for information classified up to “Verschlusssache – Nur für den Dienstgebrauch” (VS-NfD) – “For Official Use Only.” By strengthening the protection of data in transit, SAP is enhancing the security architecture of its German data centers and supporting customers in the public sector, regulated industries and critical infrastructure that require compliant, controlled processing of sensitive data in Germany, particularly where strict confidentiality, regulatory traceability and operational security are essential. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260817422825/en/ Adva Network Secu
KILL NTT DOCOMO BUSINESS and Chile’s State-owned Copper Company CODELCO Launch a Study and Proof of Concept Aimed at Improving the Efficiency of Remote Copper Mine Operations Using IOWN ® APN19.8.2026 09:07:00 EEST | Press release
NTT DOCOMO BUSINESS, INC requests that their press release NewsItemId: 20260806845222 issued August 6, 2026 “NTT DOCOMO BUSINESS and Chile’s State-owned Copper Company CODELCO Launch a Study and Proof of Concept Aimed at Improving the Efficiency of Remote Copper Mine Operations Using IOWN® APN” be killed. The release was issued in error by NTT DOCOMO BUSINESS, INC. A replacement release will not be issued.
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom