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 GHG Emissions Data Preview

In 2023, 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 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of IFF amounted to 1,531,266 metric 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of IFF decreased by 11.09%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

IFF's Scope 1 Emissions Over Time

2018201920202021202220230250 k500 k750 k1 MtCO2e0%+7%+448%-7%-16%
  • Total Scope 1
  • Year-over-Year Change

What are IFF's Scope 1 emissions?

In 2023, the total Scope 1 emissions of IFF were 694,072 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has IFF reduced its Scope 1 emissions over time?

Since 2018, IFF's Scope 1 emissions have increased by 360.26%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), IFF's Scope 1 emissions decreased by 16.19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are IFF's Scope 2 emissions?

In 2023, IFF reported Scope 2 greenhouse gas (GHG) emissions of 824,185 tCOâ‚‚e using the market-based method, and 837,194 tCOâ‚‚e using the location-based method.

Has IFF reduced its Scope 2 emissions over time?

Compared to the previous year (2022), 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.

What methodology does IFF use for Scope 2 reporting?

In 2023, IFF reported its Scope 2 emissions using the market-based method and using the location-based method.

IFF's Scope 2 Emissions Over Time

2018201920202021202220230300 k600 k900 k1.2 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into IFF's Value Chain Emissions

In 2023, IFF reported 5,667,289 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of IFF includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

IFF's Scope 3 Emissions Over Time

20182019202020212022202302.5 M5 M7.5 M10 MtCO2e+67%+26%+256%+11%-33%
  • Total Scope 3
  • Year-over-Year Change

What are IFF's Scope 3 emissions?

In 2023, IFF reported total Scope 3 emissions of 5,667,289 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has IFF reduced its Scope 3 emissions over time?

Since 2018, IFF's Scope 3 emissions have increased by 455.74%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), IFF's Scope 3 emissions decreased by 33.46%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does IFF disclose?

In 2023, IFF reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of IFF's Scope 3 emissions?

In 2023, the largest contributors to IFF's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 4,346,181 tCOâ‚‚e (76.69%)
  • Fuel- and Energy-Related Services (Cat. 3): 639,950 tCOâ‚‚e (11.29%)
  • Upstream Transportation and Distribution (Cat. 4): 444,929 tCOâ‚‚e (7.85%)

IFF's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(76.7%)Fuel- andEnergy-RelatedServices (Cat. 3)(11.3%)UpstreamTransportation andDistribution(Cat. 4)(7.9%)

Insights into IFF's Total Carbon Footprint

In 2023, IFF reported a total carbon footprint of 7,198,555 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 29.69% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to IFF's total carbon footprint was Scope 3 emissions, accounting for 78.73% of the company's total carbon footprint, followed by Scope 2 emissions at 11.63%.