Clariant announced membership in the chemical industry initiative "Together for Sustainability" (TfS), an organization founded in 2011 and aiming at jointly improving 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 - jointly operating global supplier assessments and audit programs through independent experts. This avoids the need for each of the 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.
Mathias Lütgendorf, member of Clariant's Executive Committee, underlined: "Corporate Sustainability is a core element of our corporate strategy. With the TfS membership, we enhance our procurement and supply chain activities into our corporate sustainability strategy".
