ADM Signs New Charter Committing to a More Sustainable Future
- July 1, 2020
- ADMIS Research Team
New industry initiative seeks to promote sustainable development across the fragrance and flavor industries
CHICAGO, July 1, 2020— ADM (NYSE: ADM) has joined almost one hundred fragrance and flavor companies in signing an ambitious new Sustainability Charter seeking to improve sustainability across the two industries.
The new charter, launched today by The International Fragrance Association (IFRA) and the International Organization of the Flavor Industry (IOFI), is a voluntary framework for companies in the fragrance and flavor industries. It represents a collective commitment to making a difference for the planet, for people and for our business.
The Charter covers sustainability in every sense, taking a life-cycle approach based on five focus areas – responsible sourcing, reducing our environmental footprint, employee well-being, product safety, and transparency and partnerships.
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