Clariant Joins Chemical Industry Initiative
MUTTENZ, Switzerland – Specialty chemicals company Clariant announced its membership in the chemical industry initiative Together for Sustainability (TfS). Founded in 2011, the organization aims to jointly improve sustainability practices within the supply chains of the chemical industry.
Clariant becomes the eighth member in the initiative with AkzoNobel, BASF, Bayer, Evonik Industries, Henkel, Lanxess and Solvay. Members jointly operate global supplier assessments and audit programs through independent experts. This avoids the need for individual members to conduct their own programs, by sharing scorecard ratings within the TfS member group on a web-based collaborative platform. Assessing sustainability requirements through the program, it aims at lowering risks in the procurement process but also reduces the burden for suppliers to participate in numerous different programs.