IFFCO Group releases third ESG report, accelerates progress toward 2030 sustainability goals
Water intensity reduced by 8% across 23 facilities, highlighting the integration of conservation into daily manufacturing
On-site renewable energy generation more than doubled, reaching 5,140 MWh
Transportation-related carbon footprint reduced to 7%, down from 11% in 2021
Palm oil traceability to plantation reached 93.6%, a 9.6 percentage point year-on-year increase, underscoring supply chain transparency and alignment with NDPE standards
DUBAI, UAE: IFFCO Group, the leading FMCG multinational company headquartered in the UAE, released its third annual Environmental, Social and Governance (ESG) Report, marking a significant year of progress across operations, sourcing and packaging. The 2024 report reflects IFFCO Group's transition from planning to delivery, backed by the launch of its Sustainability Strategy 2030.
The strategy introduces 9 ESG programmes aligned with best global frameworks, including Climate targets in line with the Science Based Targets Initiative (SBTi) standards. Each programme is supported by three and six-year roadmaps, KPI's, and financial commitments, to ensure delivery and clear accountability across business functions.
Key highlights from the 2024 ESG Report include:
IFFCO more than doubled on-site renewable energy generation in 2024, reaching 5,140 MWh, enough to power approximately 480 UAE homes for a full year. The Group also achieved an 8% reduction in water intensity, reinforcing its focus on operational sustainability.
IFFCO deepened its internal ESG integration by embedding sustainability-linked KPIs into the performance metrics of over 900 employees, a 13% increase from the previous year, reaffirming a Group-wide culture of ownership and accountability.
IFFCO Group launched its Consumer Packaging Roadmap 2030, targeting reductions in virgin plastic use, launching packaging with recycled PET, and further adoption of renewable and recyclable packaging solutions across its product portfolio.
Transportation-related carbon footprint fell to 7% share in total carbon footprint, down from 11% in 2021. This was achieved through logistics optimization and the conversion of 30% of the UAE fleet to biofuels B7, aligning with the UAE's Net Zero 2050 targets.
Palm oil traceability to the plantation level reached 93.6%, a 9.6 percentage point increase from 2023, highlighting the Group's commitment to ethical sourcing and compliance with NDPE (No Deforestation, No Peat, No Exploitation) standards.
Speaking on the significance of these milestones, Rizwan Ahmed, Executive Director at IFFCO Group, noted: 'At IFFCO Group, sustainability is a powerful driver of innovation, growth, and long-term value. It is not a side agenda; it is the foundation upon which we are building the future of responsible food manufacturing. The release of our 2024 ESG Report marks a decisive shift from ambition to action, guided by our Sustainability Strategy 2030. This strategy is more than a roadmap; it is a commitment to performance, accountability, and transformation. By embedding ESG principles across our operations, investing in renewable energy, and reimagining packaging and sourcing, we are shaping a future-ready organisation that aligns with the UAE's Net Zero vision and global climate goals." Our progress is a testament to our conviction that long-term value is created by acting with purpose, delivering operational excellence while doing what's right for people, the planet, and future generations."
IFFCO's latest milestones reflect the Group's view of sustainability as a lever for long-term growth, efficiency, and trust. By transforming how it manufactures, sources, and delivers its products, IFFCO is positioning itself as a future-ready FMCG leader, embedding ESG strategies to drive innovation and value.
'In 2024, we translated bold ambition into tangible action,' said Dina Epifanova, Group Head of Sustainability. 'This was a year of purposeful effort, advancing smarter sourcing, strengthening traceability, and embedding sustainability across every layer of our operations. We are building a resilient foundation for long-term impact, one that creates shared value for our business, empowers our partners, and uplifts the communities we serve.'
The Group remains an active participant in the broader sustainability ecosystem, working collaboratively with partners and stakeholders to shape the future of responsible food manufacturing. The full 2024 ESG Report is available here.
About IFFCO Group:
Established in 1975, IFFCO is a leading multinational FMCG group headquartered in the UAE. Its leading FMCG brands, including London Dairy, Tiffany, Noor, Rahma, Al Baker, Hayat and Savannah, and a portfolio of industry solutions and services enrich the lives of millions of consumers and customers globally. The company has 95 operations in 50 Countries, supported by around 15,000 employees, and its 80+ brands are available in over 100 countries.
For more information, please visit:
Iffco.com | Facebook | X | Instagram | LinkedIn | YouTube | TikTok
For media enquiries, please contact:
Rana Abu Atta
Head of Corporate Communication
raatta@iffco.com
Sana Yamlikha
Associate Manager - Corporate Communication
syamlikha@iffco.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
18 minutes ago
- Zawya
Aldar generates more than $953mln in sales at Fahid Island during launch week
Aldar today announced it has generated over AED3.5 billion in sales at Fahid Beach Residences and The Beach House, the island's first residential developments released during launch week. The Fahid Island homes attracted a diverse pool of buyers, drawn by the island's position as Abu Dhabi's first coastal wellness destination, the waterfront lifestyle, and proximity to super-premium education at Kings College School Wimbledon which sits within the wider wellness inspired masterplan. Expatriate residents and overseas buyers account for 67% of total sales, with buyers from the UAE, Russia, the UK, and China making up the top nationalities by sales volume. This strong local and international interest underscores Fahid Island's emerging global profile as a premier lifestyle destination where wellness meets culture, nature, and community. 42% of buyers are under the age of 45, signalling growing demand for luxury wellness-focused living among younger demographics. Notably, 67% of buyers are first-time Aldar customers, demonstrating Aldar's expansive reach and the appeal of the Group's thoughtfully curated destinations. Jonathan Emery, Chief Executive Officer at Aldar Development, said, 'The highly anticipated launch of Fahid Island has resulted in the first homes released generating more than AED3.5 billion - and serves as a powerful validation of our vision to place wellness at the heart of community living. The success reflects Abu Dhabi's position as one of the world's most desirable investment and lifestyle destinations and we are expecting continued interest in Fahid Island as Abu Dhabi's first wellness island builds its profile on the global stage.' In response to the overwhelming demand for Fahid Beach Residences, Aldar accelerated the launch of Fahid Island's second residential offering, The Beach House during launch week and sales progress continues at pace. Comprised of 11 elegantly designed towers offering a collection of studios to 3-bedroom + maid apartments, the new development draws on its coastal surroundings and is thoughtfully crafted to evoke a sense of calm, lightness, and relaxed sophistication. Residents benefit from exquisite interiors and breathtaking views of the sea and Abu Dhabi skyline, as well as a state-of-the-art amenities and facilities, direct shoreline access, and seamless connectivity to Coral Drive, the island's boutique retail boulevard. With further residential launches planned, Aldar will continue to deliver on its vision to transform Fahid Island into a vibrant, wellness-focused destination that redefines coastal living in the region.
Zawya
44 minutes ago
- Zawya
Qatar holds talks with energy companies on risk of Israel-Iran conflict, sources say
Qatar held crisis talks this week with energy majors after Israeli strikes on Iran's huge gas field, which it shares with Qatar, an industry source and a diplomat in the region told Reuters. Saad Al Kaabi, CEO of state-owned QatarEnergy and the Gulf Arab state's energy minister urged companies to warn the U.S., British and European governments about the risks the conflict poses to gas exports from Qatar and the increasing threat to the global gas supply, they said. An interruption to Qatar's liquefied natural gas (LNG) operation could cut off around 20% of the global supply, which Doha exports from the world's largest gas reservoir. "QatarEnergy is making sure that foreign governments are fully aware of the implications and repercussions the situation and further escalation pose to gas production from Qatar,' said the diplomat, who spoke on the condition of anonymity because of the sensitivity of the situation. QatarEnergy did not immediately respond to a request for comment. Kaabi also met this week in Doha with ambassadors representing countries whose companies are involved in QatarEnergy's North Field expansion project, the diplomat said. U.S. majors ExxonMobil and ConocoPhillips, Britain's Shell, Italy's Eni and France's TotalEnergies all have stakes in the expansion, which is set to boost exports from Qatar by around 82% in the coming years. So far, there have been no disruptions to QatarEnergy's exports and cargo deliveries are on schedule. (Reporting by Andrew Mills and Marwa Rasahd Editing by Tomasz Janowski and Louise Heavens)
UAE Moments
an hour ago
- UAE Moments
Fresh Airline Updates on UAE Flights Amid Conflict
As tensions between Iran and Israel continue to escalate, UAE-based airlines have issued fresh updates on suspended or rescheduled flights. Several carriers, including Air Arabia, Emirates, Etihad Airways, and flydubai, are adjusting their schedules in response to regional airspace closures and safety concerns. Air Arabia Suspends More Routes Sharjah-based Air Arabia announced on Thursday that flights to and from Iran, Iraq, Russia, Armenia, Georgia, and Azerbaijan will remain suspended until Monday, June 30. The airline also stated that services to and from Jordan are on hold until Friday, June 20. Air Arabia, which also operates out of Abu Dhabi, added that passengers transiting through Sharjah or Abu Dhabi with final destinations in any of the affected countries will not be accepted for travel from their point of origin until further notice. Etihad Reschedules Beirut Flights Etihad Airways confirmed updated schedules for its Beirut flights on June 21: EY581: Departs Abu Dhabi at 10 AM, arrives in Beirut at 1:10 PM EY582: Departs Beirut at 2:05 PM, arrives in Abu Dhabi at 7 PM EY583: Departs Abu Dhabi at 2 PM, arrives in Beirut at 5:05 PM EY584: Departs Beirut at 6 PM, arrives in Abu Dhabi at 10:55 PM Emirates Extends Suspensions Dubai's flagship carrier Emirates has extended the suspension of flights to Jordan (Amman) and Lebanon (Beirut) until Sunday, June 22, 2025. In addition, all Emirates flights to Iran (Tehran) and Iraq (Baghdad and Basra) will remain grounded until Monday, June 30, 2025. flydubai Suspends Several Destinations
