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IFF International Flavors and Fragrances Inc

86.81
2.82 (3.36%)
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Last Updated: 21:04:03
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Share Name Share Symbol Market Type
International Flavors and Fragrances Inc NYSE:IFF NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  2.82 3.36% 86.81 86.86 84.3325 84.39 2,157,274 21:04:03

IFF Debuts First-Ever Cradle to Cradle Certified™ Fragrance: PuraVita™

12/05/2016 10:00pm

Business Wire


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Regulatory News:

International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris:IFF), a leading innovator of sensory experiences that move the world, today sets a new benchmark for fragrance sustainability with the release of the first-ever Cradle to Cradle Certified fragrance, PuraVita. The fragrance, which has notes of green apple, wood, apricot and vanilla, is a proof of concept for an innovative approach to sustainable fragrance creation. PuraVita is a model for what can be achieved when perfumers pair creativity with sustainable design principles.

“Our new PuraVita fragrance is a clear demonstration of how we are building on our legacy of pioneering firsts, infused with a sustainable mindset, to inspire new possibilities in R&D and product creation,” said Andreas Fibig, Chairman and CEO of IFF.

The fragrance was launched from the stage of the Sustainable Cosmetics Summit in New York City by Kip Cleverley, Head of Global Sustainability for IFF, along with Ken Alston, President Consulting & Education Services, McDonough Braungart Design Chemistry (MBDC). To create it, IFF partnered with William McDonough and his team at MBDC. McDonough is a leader in the field of sustainable design and the co-author, with chemist Dr. Michael Braungart, of the seminal text, Cradle to Cradle®: Remaking the Way We Make Things.

"IFF's announcement of their new Cradle to Cradle Certified fragrance marks a very personal and deeply considered moment in the history of products that touch us and appeal to our senses. It is literally the moment to celebrate the sweet smell of success,” said William McDonough.

The Cradle to Cradle Certified Product Standard guides designers and manufacturers through a continual improvement process that looks at a product through five categories — material health, material reutilization, renewable energy and carbon management, water stewardship, and social fairness. A product receives an achievement level in each category — Basic, Bronze, Silver, Gold, or Platinum — with the lowest achievement level representing the product’s overall mark.

PuraVita is Cradle to Cradle Certified at the Gold level and IFF has earned a Platinum level Material Health Certificate for the fragrance.

“PuraVita is a breakthrough in fragrance creation for IFF and for the industry at-large,” said Nicolas Mirzayantz, Group President, Fragrances. “With our strategic vision, ambition, and desire to make a difference, our perfumers and research teams are satisfying the unmet needs of consumers around the world.”

“With the introduction of its new fragrance, IFF is pioneering a whole new category of Certified products,” said Lewis Perkins, President of Cradle to Cradle Products Innovation Institute. “More than a groundbreaking step for Cradle to Cradle Certified products, the fragrance demonstrates the innovation that occurs when these principles and a vision for moving beyond sustainability converge.”

For more information on IFF’s sustainability initiatives, visit http://www.iff.com/sustain.

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Meet IFF

International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF) is a leading innovator of sensorial experiences that move the world. At the heart of our company, we are fueled by a sense of discovery, constantly asking “what if?”. That passion for exploration drives us to co-create unique products that consumers taste, smell, or feel in fine fragrances and beauty, detergents and household goods, as well as beloved foods and beverages. Our 6,700 team members globally take advantage of leading consumer insights, research and development, creative expertise, and customer intimacy to develop differentiated offerings for consumer products. Learn more at www.iff.com, Twitter , Facebook, Instagram, and LinkedIn.

International Flavors & Fragrances Inc.Michael DeVeau, 212-708-7164VP Global Corporate Communications & Investor RelationsMichael.deveau@iff.com

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