International Flavors & Fragrances, Inc.
Corporate Bias Rating
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Risk Level:
Summary:
By complying with Human Rights Campaign’s controversial demands, International Flavor & Fragrance (IFF) increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. IFF forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. IFF integrates ESG into all of its business practices and its CEO signed the CEO Action for Diversity and Inclusion pledge. The company supports the Equality Act, and has signed the UN Global LGBTI Standards of Conduct for Business. For these reasons, IFF receives a High Risk rating.
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
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5/1/24 | Governance | N/A | Third Party Assesment on Company's Commitment to Freedom of Association and Collective Bargaining Rights | Against | N/A |