SINGAPORE, June 29, 2021 /PRNewswire/ — The first collective Sustainability Report by the perfume and flavor industries – printed on World Environment Day on 5 June – reveals positive results in opposition to a collection of commitments made by corporations.
The 2020-21 Sustainability Report (ifra-iofi.org/report) is printed by The International Fragrance Association (IFRA) and the International Organization of the Flavor Industry (IOFI). It outlines the state of play in 5 Focus Areas that type a part of the IFRA-IOFI Sustainability Charter – a collective dedication to lift the bar throughout the industries, which was launched in July 2020 and now has 126 signatories. A 3rd of those signatories are from the Asia-Pacific area.
Asia-Pacific performs an integral position in the end-to-end world provide chain and analysis and improvement (R&D) actions of the perfume and flavor industries. The Asia Pacific area is a key provider of uncooked supplies, being the biggest producers of mint, cedarwood, patchouli, different spices, and herbs. Extracts of those supplies are important components in the manufacturing course of of non-public care, hygiene and sanitizing merchandise. These merchandise are extensively consumed throughout the Asia-Pacific area and past.
With the continued COVID-19 pandemic, the demand for such merchandise maintained good progress pushed by the attention of customers on the necessity to preserve hygiene, at a private stage in addition to at residence, to scale back the possibilities of an infection. Across the value-chain, it’s creating new markets and job alternatives, and propelling workforce upskilling, with protected use and sustainability as key concerns because the market grows.
As such, it’s heartening that the results show that greater than two in each three corporations who responded to a survey, representing greater than 90 per cent of the F&F market, are already addressing the sustainability challenges outlined in the 5 Focus Areas:
On accountable sourcing, greater than 70 per cent of respondents and the overwhelming majority of the market interact in dialogue with farmers and communities, with a lot of the market having superior human rights, labor requirements and biodiversity motion plans.
The environmental footprint of the F&F industries is comparatively small with three in 4 respondents, and greater than 90 per cent of the market, having a world environmental technique, implementing eco-design measures and performing to scale back consumption and waste.
On worker well-being, the F&F industries show excessive requirements on worker well-being and providing a rewarding labor atmosphere, together with equal alternatives, variety and inclusion, and coaching. The overwhelming majority of the industries’ staff profit from this excessive commonplace.
On product security, the F&F industries are at the forefront, and the results show greater than 90 p.c of respondents partaking in dialogue with downstream prospects on product stewardship.
On transparency and partnerships, greater than three in 4 respondents have a world responsive governance technique in place, together with all the biggest corporations.
Launching the report, Sven Ballschmiede, IOFI Executive Director, stated:
“The results in the report show a excessive stage of maturity in the industries on sustainability throughout all 5 Focus Areas. It has been a protracted, collective effort to develop the Charter however the results in this report show we’re in a very good place because the F&F industries.“
“We will proceed to assist corporations and work collectively to ship the instruments and partnerships for progress in upcoming stories.”
Martina Bianchini, IFRA President, added:
“Sustainability is an crucial for all industries, and not least the F&F industries, that are rooted in nature. With the publication of this Sustainability Report, we’ve reached a big milestone on our sustainability journey – however our work goes on to increase uptake of the Charter, increase consciousness, and work with prospects, companions and stakeholders to design the protected and sustainable merchandise of the long run.”
The results in the 2020-21 Report will type the baseline for future stories, permitting the industries to trace progress. The Report additionally highlights a collection of collective actions taken because the launch of the Charter eleven months in the past, in addition to partnerships and initiatives undertaken by IFRA and IOFI on behalf of the industries.
The Charter continues to be open to signatories from perfume and flavor corporations all over the world. Signatories will present knowledge on progress in 2021 forward of the publication of the following report in mid-2022.
For extra data on the Charter, go to ifra-iofi.org.
About the International Fragrance Association
The International Fragrance Association, based in 1973, represents the pursuits of the perfume trade worldwide. IFRA contains seven multinational Regular Members and 21 nationwide associations in 4 world areas representing tons of of small and medium-sized perfume ingredient producers, in addition to supporting members. Its mission is to advertise the protected use of perfume for everybody’s enjoyment.
Fragrances are a key platform expertise utilized by shopper items corporations – for high-quality fragrances, private care merchandise, family care and extra.
IFRA’s flagship protected use program, the IFRA Standards, applies security administration measures based mostly on scientific evaluation and the evaluations of an unbiased Expert Panel. The program is on the coronary heart of the IFRA Code of Practice, which applies to all IFRA members globally, together with members of IFRA’s 21 nationwide associations. The Code additionally requires members to abide by native, nationwide and worldwide regulation, and to use good manufacturing practices.
SOURCE The International Fragrance Association (IFRA)
