Iff

Iff's reported carbon emissions

IFF, a chemicals company headquartered in the US, reported a total of approximately 6.9 billion kg CO2e in emissions for 2024. This figure encompasses Scope 1, 2, and 3 emissions. For Scope 1 emissions in 2024, IFF reported approximately 740 million kg CO2e. Scope 2 emissions, on a market-based approach, were approximately 909 million kg CO2e. Scope 3 emissions accounted for approximately 5.7 billion kg CO2e in 2024, with purchased goods and services being the largest contributor within this scope. IFF has established several climate commitments: * **Near-term targets:** * Reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030, using 2021 as a baseline year. * Reduce absolute Scope 3 GHG emissions by 30% by 2030, from a 2021 baseline. * **Long-term targets:** * Achieve net zero Scope 1 and 2 GHG emissions by 2040. * Be net positive across its entire value chain (cradle-to-gate) by 2050. * Achieve net zero across its entire value chain (Scopes 1, 2, and 3, upstream) by 2050. IFF's emissions data for Scope 1 and 2 is consistent with reductions required to keep warming to 1.5°C, as validated by the Science Based Targets initiative (SBTi).