International Flavors & Fragrances

Specialty Chemicals / Biotechnology / Personal Products

IFF

$ 129 (0.06)%

Share price

$ 33 bn

Market Cap

$ 45 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.2x the weighted average for S&P 500

FY2020

Primary Climate Goal

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

Stronger than the -5.1% weighted average for S&P 500

FY2021

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 2020 at 247 Kt (-12 /-4.7% y-o-y). Also positively, carbon intensity was down at 49 t (-1.9 /-3.8% y-o-y).

International Flavors & Fragrances's Scope 3 emissions took off to 2,145 Kt (+441/+26% y-o-y). This is a higher growth rate than over the period since 4Q'16 (+16% CAGR).

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 -15 Kt per annum over the period of FY2021 - 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)
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	3,399	61
2016Q4	232	111	121	1,008	3,116	74
2015Q4	247	119	128	1,021	3,023	82
2014Q4	240	115	125		3,089	78

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