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In 2024, IFF completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
IFF has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofIFF amounted to1,620,461metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of IFFincreased by 5.82%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of IFF were 740,032 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, IFF's Scope 1 emissions have increased by 390.08%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), IFF's Scope 1 emissions increased by 6.62%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, IFF reported Scope 2 greenhouse gas (GHG) emissions of 909,414 tCOâ‚‚e using the market-based method and 880,429 tCOâ‚‚e using the location-based method.a
Since 2019, IFF's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 534.69%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), IFF's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that IFF's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, IFF reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, IFF reported 5,689,369 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of IFF includes a breakdown across 10of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, IFF reported total Scope 3 emissions of 5,689,369 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 90.04%of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.96%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, IFF's Scope 3 emissionshave increased by 233.84%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), IFF's Scope 3 emissions remained relatively stable, indicating that IFF's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, IFF reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to IFF's Scope 3 emissions were:a
In 2024, IFF reported Scope 1 greenhouse gas (GHG) emissions of 740,032 tCOâ‚‚e and total revenues of USD 11,484 millions. This translates into an emissions intensity of 64.44 tCOâ‚‚e per millions USD.a
In 2024, IFF reported a Scope 1 emissions intensity of 64.44 tCOâ‚‚e per millions USD. Compared to the peer group median of 50.93, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, IFF ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
IFF is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, IFF reported a total carbon footprint of 7,309,830 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.1% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to IFF's total carbon footprint was Scope 3 emissions, accounting for 77.83% of the company's total carbon footprint, followed by Scope 2 emissions at 12.04%.a