Iff

In 2024, Iff's total carbon emissions were approximately 7.35 billion kg CO2e. This included Scope 1 emissions of around 740.03 million kg CO2e and Scope 2 emissions (market-based) of approximately 909.41 million kg CO2e. Scope 3 emissions were the largest contributor, totalling about 5.69 billion kg CO2e. Key Scope 3 categories included purchased goods and services (approximately 4.03 billion kg CO2e), end-of-life treatment of sold products (around 489.51 million kg CO2e), and upstream transportation and distribution (approximately 382.44 million kg CO2e).

Iff has set several climate commitments. The company aims to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030, using a 2021 base year. For Scope 3 emissions, Iff commits to a 30% absolute reduction by 2030, also from a 2021 base year, covering purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, waste generated in operations, and processing of sold products. These near-term targets are validated by the Science Based Targets initiative (SBTi) as consistent with reductions required to keep warming to 1.5°C.

Iff also has long-term aspirations, including achieving net-zero Scope 1 and 2 GHG emissions by 2040. Furthermore, they aim to be net positive across their entire value chain (cradle-to-gate) by 2050, encompassing Scope 1, 2, and upstream Scope 3 emissions.