International Flavors & Fragrances Inc

Common Name
IFF
Country
United States
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
22,400
Ticker
IFF
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
International Flavors & Fragrances Inc. is a leading global creator of taste, scent, and nutrition solutions designed to enhance products across various industries. This company specializes in develop...

IFF's Climate Target Data Preview

As of 2023, IFF has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into IFF ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into IFF's Greenhouse Gas Emissions Pathways

As of 2023, IFF has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does IFF have a target to reduce the emissions from its operations?

As of 2023, IFF has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

IFF's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 1,912,112 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2023, IFF is ahead of schedule on its operational emissions reduction target, having achieved 41.2% of the planned reduction.

IFF's Operational (Scope 1+2) Emissions Pathway

2021202320300500 k1 M1.5 M2 MBaselineCurrent (-21%)Target 2030 (-50%)

Does IFF have a target to reduce the emissions from its value chain?

As of 2023, IFF has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

IFF's most ambitious value chain target is to reduce these emissions by 70% by 2040, compared to a baseline of 7,643,948 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2023, IFF is ahead of schedule on its value chain emissions reduction target, having achieved 36.94% of the planned reduction.

IFF's Value Chain (Scope 3) Emissions Pathway

202120232030204002 M4 M6 M8 MBaselineCurrent (-26%)Target 2040 (-70%)
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