International Flavors & Fragrances Inc

IFF is a member of the World Business Council for Sustainable Development (WBCSD), which is a CEO-led organization of companies that galvanize the global business community to create a sustainable future for business, society, and the environment; a triple bottom approach that aligns with IFF's sustainability strategy. We specifically engaged as both a company and individual. Our Vice President of Global Sustainability is the liaison delegate to our CEO within the organization and our CEO is on the executive committee of WBCSD. He personally attends and participates in climate change workgroups on both policy and climate mitigation measures. We participate in and advocate the low carbon technologies partnership initiative of the WBCSD and support their position on COP 21 as well as the position of the CDP on the Road to Paris. [...] IFF's Vice President of Global Sustainability along with the Sustainability Business Council, which is comprised of cross-functional business leaders, review all policies related to climate change to provide consistent alignment with our sustainability and business strategies. [...] Our process for ensuring engagement is consistent across different geographies and markets starts with the Sustainability Business Council. In addition to reviewing policies with the VP of Global Sustainability to ensure alignment with our sustainability principles and business objectives, members of this council are also frequently our representatives on or liaisons with trade organizations. They engage policymakers directly at a high level and relay information back to the VP of Global Sustainability to ensure consistency.

IFF is a member of the World Business Council for Sustainable Development (WBCSD), which is a CEO-led organization of companies that galvanize the global business community to create a sustainable future for business, society, and the environment; a triple bottom approach that aligns with IFF's sustainability strategy. We specifically engaged as both a company and individual. Our Vice President of Global Sustainability is the liaison delegate to our CEO within the organization. He personally attends and participates in climate change workgroups on both policy and climate mitigation measures. We participate in and advocate the low carbon technologies partnership initiative of the WBCSD and support their position on COP 21 as well as the position of the CDP on the Road to Paris. [...] By supporting the works of external entities, such as industry associations and other organizations, we are able to monitor current and/or pending climate change legislation that may impact our business globally. IFF's Vice President of Global Sustainability along with the Sustainability Business Council, which is comprised of cross-functional business leaders, review all policies related to climate change to provide consistent alignment with our sustainability and business strategies. [...] Our process for ensuring engagement is consistent across different geographies and markets starts with the Sustainability Business Council. In addition to reviewing policies with the VP of Global Sustainability to ensure alignment with our sustainability principles and business objectives, members of this council are also frequently our representatives on or liaisons with trade organizations. They engage policymakers directly at a high level and relay information back to the VP of Global Sustainability to ensure consistency.

Biodiversity-related matters oversight is the responsibility of the Governance & Corporate Responsibility Committee of the Board of Directors of International Flavors & Fragrances Inc. Our Board-level Governance & Corporate Responsibility Committee provides guidance on IFF's Do More Good Plan, related divisional ESG+ strategies, sustainable solutions performance and KPI tracking. This includes assessing new opportunities that would support our sustainability and corporate responsibility targets and goals, including those related to risks associated with responsible sourcing. In 2022, the Governance & Corporate Responsibility Committee continued to oversee the execution of IFF's 2030 Do More Good Plan. This includes the company's commitment to promoting regenerative ecosystems and biodiversity while working to achieve zero deforestation for strategic raw material supply chains. The committee also supported our 2022 strategic refresh, which combined the Do More Good Plan with our organizational strategy into the Do What Matters Most strategy. The strategy deeply embeds ESG and Sustainable Solutions priorities across IFF's entire enterprise, strengthening the Company's commitment to positively impact our environmental footprint and communities where we operate. With this refreshed strategic framework, we will be better positioned to meet customer demands, including heightened ESG expectations, and fulfill our purpose of applying science and creativity for a better world.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]By supporting the works of external entities, such as industry associations and other organizations, we are able to monitor current and/or pending climate change legislation that may impact our business globally. IFF's Vice President of Global Sustainability and EHS along with the Sustainability Business Council, which is comprised of cross-functional business leaders, review all policies related to climate change to provide consistent alignment with our sustainability and business strategies.

Our process for ensuring engagement is consistent across different geographies and markets starts with the Sustainability Business Council. In addition to reviewing policies with the VP of Global Sustainability and EHS to ensure alignment with our sustainability principles and business objectives, members of this council are also frequently our representatives on or liaisons with trade organizations. They engage policymakers directly at a high level and relay information back to the VP of Global Sustainability and EHS to ensure consistency.

At the local level, Green Team core members interact with local officials to comply with regulatory frameworks and leverage ISO 14001 to help foster a working relationship with regulators to ensure they are updated with changing legislation. ISO 14001 is recertified every 3 years. The Green Team members report back to the Eco-Effectiveness Leadership Team, who report to the VP of Global Sustainability and EHS to maintain consistency and alignment with corporate policy engagement and strategy.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes