International Flavors & Fragrances

Specialty Chemicals / Biotechnology / Personal Products

IFF

$ 112 1.1

Share price

$ 29 bn

Market Cap

$ 40 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

1.3x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Stronger than the -6.6% weighted average for S&P 500

FY2022

International Flavors & Fragrances aims to reduce Scope 1 + 2 by 30% by 2025 from a base year 2015

<2°C

GHG emissions and Carbon intensity

International Flavors & Fragrances reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1,912 Kt (+1,665/+673% y-o-y). Carbon intensity also surged to 164 t (+115/+237% y-o-y).

International Flavors & Fragrances's Scope 3 emissions skyrocketed to 7,644 Kt (+5,498/+256% y-o-y). The growth accelerated compared to the long-term upward trend (CAGR of +40% since 4Q'16).

The company is committed to reducing Scope 1 + 2 by 30% by 2025 from a base year 2015, which translates into the estimated reduction of -435 Kt per annum over the period of FY2022 - FY2025. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	1,912	889	1,023	7,644	11,656	164
2020Q4	247	162	85	2,145	5,084	49
2019Q4	260	151	109	1,704	5,140	51
2018Q4	210	125	85	1,020	3,978	53
2017Q4	207	114	93	1,016
2016Q4	232	111	121	1,008
2015Q4	247	119	128	1,021
2014Q4	240	115	125

International Flavors & Fragrances

Carbon footprint

Primary Climate Goal

International Flavors & Fragrances aims to reduce Scope 1 + 2 by 30% by 2025 from a base year 2015

GHG emissions and Carbon intensity

International Flavors & Fragrances's carbon footprint

Company environmental metrics