IFF-LMR Gains Industry-First FairWild Certification for Peru Balsam

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IFF-LMR , a subsidiary of International Flavors & Fragrances Inc (NYSE:IFF) (Euronext Paris: IFF) (TASE: IFF) gained FairWild certification for Peru Balsam from El Salvador, an ingredient used in perfumery.

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Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Thursday, January 24, 2019
Information
Tags: 
Home Goods, Environment, Retail, Cosmetics, Food, Beverage, Resins, International Flavors & Fragrances, Fashion, Medical specialties, Consumer goods, Perfumer, Fairwild, IFF, Perfume, Balsam of Peru, Balsam
Geotags: 
United States, Europe, CENTRAL AMERICA, EL SALVADOR, NEW YORK
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Summary
Key Points: 
  • IFF-LMR , a subsidiary of International Flavors & Fragrances Inc (NYSE:IFF) (Euronext Paris: IFF) (TASE: IFF) gained FairWild certification for Peru Balsam from El Salvador, an ingredient used in perfumery.
  • The certification recognizes the Companys commitment to conserving natural resources, sustainable harvesting processes and fair working conditions.
  • Established in 2008, the FairWild Foundation promotes the sustainable use of wild-collected ingredients, with a fair deal for those involved throughout the supply chain.
  • Bertrand de Preville, General Manager, IFF-LMR said, Gaining FairWild certification for Peru Balsam underscores our commitment to responsibly sourcing ingredients, conserving natural resources and improving the livelihoods of farming communities.


Regulatory News:

IFF-LMR,
a subsidiary of International Flavors & Fragrances Inc (NYSE:IFF)
(Euronext Paris: IFF) (TASE: IFF) gained FairWild certification for Peru
Balsam from El Salvador, an ingredient used in perfumery. The
certification recognizes the Company’s commitment to conserving natural
resources, sustainable harvesting processes and fair working conditions.
Once the harvest is complete, this will be the first FairWild-certified
flavor or fragrance ingredient to be commercially available globally.

Established in 2008, the FairWild Foundation promotes the
sustainable use of wild-collected ingredients, with a fair deal for
those involved throughout the supply chain. FairWild Standards ensure
the continued use and long-term survival of wild species and populations
in their habitats, while respecting traditions and cultures, and
supporting the livelihoods of stakeholders.

Bertrand de Preville, General Manager, IFF-LMR said, “Gaining FairWild
certification for Peru Balsam underscores our commitment to responsibly
sourcing ingredients, conserving natural resources and improving the
livelihoods of farming communities.” Mr. de Preville continued, “I am
proud to say that IFF-LMR offers a portfolio of sustainable fragrance
ingredients that satisfy our customers’ needs and reduce our
environmental footprint.”

In addition to achieving FairWild certification for wild-collected Peru
Balsam, the Company has seven For
Life certified supply chains for natural ingredients; Rose harvested
in Turkey, Vetiver from Haiti, Geranium Oil from Egypt, Patchouli and
Ylang Ylang from Madagascar, Patchouli from Indonesia, Citronella from
Togo, and in France, Orris and Blackcurrant Bud. IFF-LMR’s operational
facilities in Grasse and Aumont-Aubrac are also For Life certified.

For more information on sustainability at IFF, visit iff.com/sustain.

About IFF-LMR

IFF-LMR began in 1984 as Laboratoire Monique Remy (LMR) in Grasse,
France, the historic cradle of perfumery. Launched with a passion to use
the best natural flowers, plants, spices and resins to create the
highest quality natural essential oils, concretes, and absolutes for
perfumery, the company was acquired by IFF in 2000. Since its founding,
IFF-LMR has delivered some of the finest natural ingredients in the
industry. More information on IFF-LMR and their products, as well as
their fragrance product compendium, can be seen on their website.

Meet IFF

International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF)
(TASE: IFF) is a leading innovator of scent, taste, and nutrition, with
over 110 manufacturing facilities, 100 R&D centers, and 33,000 customers
globally. 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 experience in more
than 150,000 unique products sold annually. Our 13,000 team members
globally take advantage of leading consumer insights, naturals
exploration, research and development, creative expertise, and customer
intimacy to develop differentiated offerings for consumer products.

Learn more at www.iff.com,
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, Facebook,
Instagram,
and LinkedIn.

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