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 producer in the specialty chemicals industry, renowned for creating flavors, fragrances, and food ingredients that are essential to a divers...

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)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind IFF’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore IFF’s data sources below and access millions more through our Disclosure Search.

a. IFF's ESG Report 2023
a. IFF's ESG Report 2023
b. IFF's Sustainability Report 2020
b. IFF's Sustainability Report 2020

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). a

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. a

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 CO₂ equivalent (tCO₂e). a

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. a b

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. a

What are IFF's Scope 2 emissions?

In 2023, IFF reported Scope 2 greenhouse gas (GHG) emissions of 824,185 tCO₂e using the market-based method and 837,194 tCO₂e using the location-based method. a

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. a

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. a

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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

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. a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a b

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. a

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. a

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: a

  • Purchased Goods and Services (Cat. 1): 4,346,181 tCO₂e (76.69%)
  • Fuel- and Energy-Related Services (Cat. 3): 639,950 tCO₂e (11.29%)
  • Upstream Transportation and Distribution (Cat. 4): 444,929 tCO₂e (7.85%)

IFF's Scope 3 Emissions by Categories

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

Insights into IFF’s GHG Emissions Intensity Compared to Industry Peers

In 2023, IFF reported Scope 1 greenhouse gas (GHG) emissions of 694,072 tCO₂e and total revenues of USD 11,479 millions. This translates into an emissions intensity of 60.46 tCO₂e per millions USD. a

IFF's Scope 1 Emissions Intensity Compared to Peers

1005,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)Koppers HoldingsYear: 2024Scope 1: 341,773 tCO2eRevenue: $M 2,092Scope 1 Intensity: 163.36 tCO2e/$MElement SolutionsYear: 2024Scope 1: 11,115 tCO2eRevenue: $M 2,457Scope 1 Intensity: 4.52 tCO2e/$MEastman ChemicalYear: 2023Scope 1: 5,526,585 tCO2eRevenue: $M 9,210Scope 1 Intensity: 600.06 tCO2e/$MWD-40Year: 2023Scope 1: 418 tCO2eRevenue: $M 537Scope 1 Intensity: 0.78 tCO2e/$MDupont De NemoursYear: 2023Scope 1: 739,337 tCO2eRevenue: $M 12,068Scope 1 Intensity: 61.26 tCO2e/$MPPG IndustriesYear: 2023Scope 1: 420,000 tCO2eRevenue: $M 18,246Scope 1 Intensity: 23.02 tCO2e/$MSensient TechnologiesYear: 2024Scope 1: 163,544 tCO2eRevenue: $M 1,557Scope 1 Intensity: 105.02 tCO2e/$MMinerals TechnologiesYear: 2023Scope 1: 351,590 tCO2eRevenue: $M 2,170Scope 1 Intensity: 162.03 tCO2e/$MAir Products and ChemicalsYear: 2023Scope 1: 16,400,000 tCO2eRevenue: $M 12,600Scope 1 Intensity: 1,301.59 tCO2e/$MIngevityYear: 2021Scope 1: 252,925 tCO2eRevenue: $M 1,391Scope 1 Intensity: 181.76 tCO2e/$MAlbemarleYear: 2024Scope 1: 753,000 tCO2eRevenue: $M 5,378Scope 1 Intensity: 140.03 tCO2e/$MCabotYear: 2023Scope 1: 3,700,000 tCO2eRevenue: $M 3,931Scope 1 Intensity: 941.24 tCO2e/$MSherwin-WilliamsYear: 2024Scope 1: 439,037 tCO2eRevenue: $M 23,098Scope 1 Intensity: 19.01 tCO2e/$MCommercial MetalsYear: 2024Scope 1: 1,038,806 tCO2eRevenue: $M 7,926Scope 1 Intensity: 131.06 tCO2e/$MEcolabYear: 2024Scope 1: 270,090 tCO2eRevenue: $M 15,741Scope 1 Intensity: 17.16 tCO2e/$MInnospecYear: 2023Scope 1: 53,899 tCO2eRevenue: $M 1,949Scope 1 Intensity: 27.66 tCO2e/$MChemoursYear: 2023Scope 1: 3,572,000 tCO2eRevenue: $M 6,027Scope 1 Intensity: 592.67 tCO2e/$MHawkinsYear: 2023Scope 1: 34,033 tCO2eRevenue: $M 935Scope 1 Intensity: 36.40 tCO2e/$MQuaker ChemicalYear: 2023Scope 1: 25,000 tCO2eRevenue: $M 1,953Scope 1 Intensity: 12.80 tCO2e/$MH.B. FullerYear: 2019Scope 1: 77,629 tCO2eRevenue: $M 2,897Scope 1 Intensity: 26.80 tCO2e/$MAvientYear: 2023Scope 1: 33,384 tCO2eRevenue: $M 3,143Scope 1 Intensity: 10.62 tCO2e/$MWestlakeYear: 2022Scope 1: 6,382,917 tCO2eRevenue: $M 15,794Scope 1 Intensity: 404.14 tCO2e/$MBalchemYear: 2023Scope 1: 46,981 tCO2eRevenue: $M 922Scope 1 Intensity: 50.93 tCO2e/$MStepanYear: 2023Scope 1: 184,050 tCO2eRevenue: $M 2,326Scope 1 Intensity: 79.14 tCO2e/$MAshland IncYear: 2021Scope 1: 332,256 tCO2eRevenue: $M 2,111Scope 1 Intensity: 157.39 tCO2e/$MIFFYear: 2023Scope 1: 694,072 tCO2eRevenue: $M 11,479Scope 1 Intensity: 60.46 tCO2e/$M

How does IFF's GHG emissions intensity compare to its peers?

In 2023, IFF reported a Scope 1 emissions intensity of 60.46 tCO₂e per millions USD. Compared to the peer group median of 79.14 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does IFF rank on GHG emissions intensity within its industry?

In 2023, IFF ranked 12 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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

Insights into IFF's Total Carbon Footprint

In 2023, IFF reported a total carbon footprint of 7,198,555 metric tons of CO₂ equivalent (tCO₂e) 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. a

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%. a

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