International Flavors & Fragrances (IFF) has joined the World Business Council for Sustainable Development (WBCSD). “For over 125 years IFF has built a track record in helping to address social and environmental issues throughout our supply chain,” said Andreas Fibig, Chairman and CEO of IFF. “Now we are partnering with WBCSD to increase our impact […]
“For over 125 years IFF has built a track record in helping to address social and environmental issues throughout our supply chain,” said Andreas Fibig, Chairman and CEO of IFF. “Now we are partnering with WBCSD to increase our impact beyond the boundaries of business as usual.”
“The ground-breaking work of the WBCSD will do more than just help us in our ongoing mission to transform the everyday through our tastes and scents in a sustainable way. It enables us to set higher goals for positive change in the world and in the service of our customers and consumers.”
“We are delighted to welcome IFF to WBCSD,” said Peter Bakker, WBCSD President and CEO. “IFF’s proven leadership in sustainability is an asset to our business network and we know it will spark innovation for sustainability solutions with scale and impact.”
“We commend IFF for taking the next step to go beyond business as usual, and our member companies look forward to working together on new approaches to solving global challenges.”
The size and market reach of IFF highlight its potential for making significant sustainability impacts across the world, the company said. With just over $3 billion in annual sales (of which approximately 50% occur in emerging markets), IFF believes its global presence offers a significant opportunity to improve the social, environmental and wellness needs of the flavours and fragrances industry.
The World Business Council for Sustainable Development describes itself as a CEO-led organisation of forward-thinking companies that galvanizes the global business community to create a sustainable future for business, society and the environment.