Accelerates progress towards 2030 Sustainability Goals
The 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.
Renewable energy
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.
Lower carbon footprint
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.
“At the IFFCO Group, 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,” stated Rizwan Ahmed, Executive Director, IFFCO Group.
“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,” remarked Dina Epifanova, Group Head of Sustainability, IFFCO.
