The 2020-21 Sustainability Report (ifra-iofi.org/report) is published by The International Fragrance Association (IFRA) and the International Organization of the Flavor Industry (IOFI). It outlines the state of play in five Focus Areas that form part of the IFRA-IOFI Sustainability Charter – a collective commitment to raise the bar across the industries, which was launched in July 2020 and now has 126 signatories.
The results show that more than two in every three companies who responded to a survey, representing more than 90 per cent of the F&F market, are already addressing the sustainability challenges outlined in the five Focus Areas.
Launching the report, Sven Ballschmiede, IOFI Executive Director, said:
"The results in the report show a high level of maturity in the industries on sustainability across all five Focus Areas. It has been a long, collective effort to develop the Charter but the results in this report show we are in a good place as the F&F industries.
“We will continue to support companies and work collectively to deliver the tools and partnerships for progress in upcoming reports."
The results in the 2020-21 Report will form the baseline for future reports, allowing the industries to track progress. The Report also highlights a series of collective actions taken since the launch of the Charter eleven months ago, as well as partnerships and initiatives undertaken by IFRA and IOFI on behalf of the industries.
The Charter continues to be open to signatories from fragrance and flavor companies around the world. Signatories will provide data on progress in 2021 ahead of the publication of the next report in mid-2022.
For more information on the Charter, go to ifra-iofi.org.