This week IFF announced its new environmental initiative called EcoEffective+ that sets new targets for company water use, waste to landfill, and greenhouse gas emissions.
“Based on our success in achieving our previous targets, I’m confident that our Green Teams around the world are well-equipped to take on this new challenge,” Francisco Fortanet, executive vice president of operations at IFF, says in a press release this week.
“EcoEffective+ is the next step for IFF to further embed sustainability principles, not only at the operational level but at the core of our organization,” adds Fortanet.
The company’s new water use goals will see “IFF…further reduce its fresh water consumption by using recycled water for more than half of its non-product operations. In addition, it will drive multi-stakeholder collaboration for water stewardship in targeted communities where they source and operate,” according to the press release.
Last year, IFF achieved zero-waste to landfill at its flavor extracts and syrups facility in South Brunswick, New Jersey. Now as part of the new EcoEffective+ program, the company is working to accomplish that “at all major manufacturing facilities by 2025.”
IFF worked with the Science Based Target initiative (learn more about that group here) to set its new emissions goals. Those goals include reducing absolute greenhouse gas emissions by 30% by 2025. Also as part of the goal, IFF will be encouraging its suppliers to establish similar, accountable emissions reduction plans.
IFF will also aim to produce 75% of its electricity from renewable sources.
“After surpassing three of our four 2020 environmental targets, I am proud to say that EcoEffective+ will take us to 2025 and beyond,” Andreas Fibig, IFF chairman and CEO, tells the press.
“We developed these goals by reviewing what is essential to IFF, our stakeholders, and most importantly, the planet," says Fibig, adding, “We have an unyielding commitment to the Earth and I believe that excellent environmental stewardship is both good business and absolutely the right thing to do.”
Deanna Utroske, CosmeticsDesign.com Editor, covers beauty business news in the Americas region and publishes the weekly Indie Beauty Profile column, showcasing the inspiring work of entrepreneurs and innovative brands.