Shaping the future of chemical industry by working together on sustainability

Synopsis

Together for Sustainability (TfS) is a joint initiative and a global network of chemical companies that delivers the global standard for environmental, social and governance performance of chemical supply chains. Clariant was the 8th member to joining TfS in 2014 out of a network that now counts 47 companies. Thanks to TfS framework, Clariant assess the management, governance, environmental, labor and human rights, ethical and sustainable procurement performance of its suppliers and deliver tangible, measurable improvements of their suppliers’ as well as their own sustainability performance. The concept benefits both TfS member companies and suppliers: suppliers receive fewer customer requests, reducing bureaucratic burden so time and energy can be spent for the improvement of sustainability performance through corrective action plans. Among sustainability assessment, carbon emission represents a key challenge especially Scope 3 emissions which accounts for 75% to 95% of a chemical company’s emission and are dependent on suppliers. TfS PCF Guideline enables suppliers and corporations to produce quality carbon footprint data by assessing results consistency and create an industry baseline that can facilitate businesses to conduct cross-industry comparisons and manage their emissions across all three scopes. During this presentation, Clariant will share how procurement has integrated sustainability as one of their four pilars and benefit from TfS initiative to work with current suppliers and identify new ones as part of its journey to achieve 2030 sustainability targets.