Clariant joins sustainability initiative to improve chemical industry supply chains
Specialty chemicals firm Clariant today announced that it is joining an industry-wide initiative that aims to improve sustainability practices within the supply chains of the chemical industry.
Clariant is the latest firm to sign up to 'Together for Sustainability' (TfS), an initiative launched in 2011, joining AkzoNobel, BASF, Bayer, Evonik Industries, Henkel, Lanxess and Solvay.
The purpose of the initiative is to develop and implement a global audit program to assess and improve sustainability practices through a "shared infrastructure".
According to members, this collaborative approach is an ideal platform for building more sustainable supply chains, particularly by sharing results.
By jointly operating global supplier assessments and audit programs through independent experts, the industry avoids the need for each of the members to conduct their own programs.
This involves sharing scorecard ratings within the TfS member group on a web-based collaborative platform.
Clariant says that by assessing sustainability requirements through the program, the industry aims to lower risks in the procurement process while reducing the burden for suppliers to participate in numerous different programs.
Clariant's head of group procurement services Norbert Merklein said: "Joining the TfS initiative, Clariant confirms the commitment to sustainability in procurement and to further improve quality standards in our industry supply chain".
"With TfS, we provide a platform to enhance our supplier selection process, and to guarantee supply and supplier risk management."