IFF Achieves Key 2020 Sustainability Goals
Second Annual Sustainability Webcast to be held May 20th
IFF (NYSE:IFF) today announced the achievement of key 2020 sustainability goals that were set at the launch of the Company s sustainability program in 2010. During that time, IFF met and surpassed its original intensity-based targets for three environmental goals, resulting in a reduction in its greenhouse gas (GHG) emissions, water withdrawal and hazardous waste generation per metric ton of production by -42.6%, -67.1% and -41% below 2010 levels, respectively. IFF has also achieved its 2020 goal to have 100% of the palm oil used in its products be certified according to the Roundtable on Sustainable Palm Oil (RSPO) Mass Balance Supply Chain Model.
Taiwan Business TOPICS
A growing emphasis on social and environmental responsibility among major U.S. corporations has begun influencing the practices and operations of their Taiwanese supply chain partners as well.
Last summer, President Tsai Ing-wen announced that starting from the first day of 2021, Taiwan would allow the importation of U.S. pork containing trace amounts of ractopamine. Some Taiwanese have decried the decision as submission to pressure from Washington.
That the debate over ractopamine got heated was no surprise. Although moderate use of this leanness-enhancing feed additive is approved by Codex Alimentarius, the UN-affiliated food safety body, ractopamine remains banned in much of the world, and pork is a key part of the Taiwanese diet.
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