NEW YORK--(BUSINESS WIRE)--Regulatory News:
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF), a leading global creator of flavors, fragrances and cosmetic actives for consumer products, announced today that its membership application for Together for Sustainability (TfS) has been finalized and accepted. IFF is the first flavors and fragrances company to join TfS and enters into a growing consortium of multi-national companies committed to ensuring sustainable practices throughout the supply chain.
Established in 2011, the TfS initiative has brought together 18 international chemical companies to date. Constantly expanding, the organization is focused on implementing a standardized global supplier engagement program for responsible procurement of goods and services in the chemical industry and improving sustainability practices of suppliers.
“The goals of TfS are perfectly aligned with IFF’s Vision 2020 business strategy,” said Francisco Fortanet, Executive Vice President, Global Operations. “This endeavor complements our past efforts and works to solidify our future efficiency goals. With this collaboration, we will help to create an ecosystem of customers, suppliers and partners who are committed to transparency and accountability.”
“We look forward to working with TfS to help meet the increasing social and environmental expectations of our global customers and consumers,” said Kip Cleverley, Director, Global Sustainability. “We are always exploring opportunities to collaborate and create a more sustainable future for all.”
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF) is a leading global creator of flavors, fragrances, and cosmetic actives used in a wide variety of consumer products. Consumers experience these unique scents, tastes, and actives in fine fragrances and beauty care, detergents and household goods, as well as beverages, sweet goods and food products. The Company leverages its competitive advantages of consumer insight, research and development, creative expertise, and customer intimacy to provide customers with innovative and differentiated product offerings. A member of the S&P 500 Index, IFF has more than 6,200 employees working in 32 countries worldwide. For more information, please visit our website at www.iff.com and follow us on Twitter and LinkedIn.
About Together for Sustainability (TfS)
TfS AISBL is a joint initiative of chemical companies for sustainable supply chains. It was founded in 2011, to develop and implement a global program to assess, audit and improve sustainability practices within the supply chains of the chemical industry. Currently it has 18 member companies worldwide and intends to grow globally. For more information, visit www.tfs-initiative.com.