Chemours’ Innovation and Sustainable Solutions pillar guides our entire value chain—upstream through our Sustainable Supply Chain programs and downstream through our Sustainable Offerings programs. Responsible procurement is key to our sustainable supply chain program, ensuring our ability to reliably manufacture and deliver products that meet our customers’ needs. Creating a sustainable supply chain includes more than setting expectations for suppliers. It includes fundamental sustainability attributes—like safety and security, continuity and resilience, and social and environmental responsibility—in addition to profitability, reliability, and quality.
Our 2023 Actions
- Increased Chemours’ sustainable procurement theme score by 10 points in our EcoVadis Assessment
- Achieved 84% of assessed supply chain partners meeting or exceeding Chemours’ current expectations of a score >45 in our supplier sustainability assessment
- Initiated on-site Together for Sustainability (TfS) audits to contribute toward our KPIs as a member. While we have not yet achieved the audit target, we remain committed to continuous improvement
- Recognized companies that have distinguished themselves by driving quality, innovation, and sustainability improvements across our supply chain with the annual 2023 Chemours’ Responsible Supplier Awards
- Nominated by EcoVadis for the Outstanding Program Management Award for the second time
Building a More Sustainable Supply Chain
With an extensive network of 9,000+ suppliers spanning 60+ countries, the Chemours supplier network is an essential component of the responsible chemistry we produce. We measure supplier sustainability performance through our supplier corporate responsibility assessment, conducted in partnership with EcoVadis. We evaluate across four ESG categories: ethical business practices, social performance, environmental performance, and sustainable supply chain. At the end of the assessment, the supplier receives a scorecard with recommended opportunities to improve their ESG performance. On average the EcoVadis scores of our assessed suppliers in 2023 were higher than the EcoVadis benchmark scores, on a scale of 0 to 100 and based upon all participating companies in their network.
We understand that there is always more we can do to influence and support our suppliers in their own sustainability journeys. We will continue to evaluate progress, set targets, and design programs in support of cascading sustainable practices throughout our supply chain.
