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International Flavors & Fragrances (IFF)

International Flavors & Fragrances (IFF) is a global ingredients company with business activities diversified into Taste and Scent. The company's 2018 acquisition of Frutarom solidified its leading market position in the former. IFF operates 104 manufacturing facilities and 82 application laboratories across 44 countries, with its customer base derived mostly from business-to-business sales to small and medium-sized companies as well as global consumer product companies. These sales are geographically diverse. Although the United States makes up 20% of IFF's market, no other single country represents more than a 6% share.

Ranking position
#99/350
Total score
28.0/100
Measurement area Score Rank (0-350)

Governance and strategy

#1 7.5 / 10 #15

Environment

#1 9.4 / 30 #98

Nutrition

#1 1.9 / 30 #209

Social inclusion

#1 9.2 / 30 #67
Segment Rank
Agricultural products and commodities #35

Segment ranking summary

IFF ranks 35th among its peers in agricultural products and commodities. IFF’s position reflects its performance against its peers whereby it is not in in the bottom grouping of companies in this segment, however it cannot be considered a leader yet. Indeed, while IFF is in the top 10 in governance and strategy, due to good disclosure on its sustainability strategy and how this has been shaped by stakeholder engagement activities, the company lags against its peers in the other measurement areas. IFF performs poorly in nutrition compared to its peers, ranking in the bottom group of companies due to limited to no disclosure across all the indicators. Moreover, there is an opportunity for IFF to perform better by providing details of its due diligence system for human rights issues, including monitoring systems for child and forced labour, topics which the segment leaders have already begun to address.

Leading practices

Risks and opportunities

Core social indicators

The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.

More about the company

Headquarters
New York, New York, United States of America
Food and agriculture revenue USD
2,851,243,700
Group revenue USD
5,140,084,000
Onwnership structure
Publicly listed
Number of employees
13,700
Website
https://www.iff.com

This company is part of the SDG2000, the 2.000 most influential companies

See company profile