Responsible procurement is key to our sustainable supply chain program, and it ensures our ability to reliably manufacture and deliver products that meet our customers’ needs. We view our suppliers as an extension of Chemours, and we are committed to working with those who share our commitment to operate responsibly and to add value for us and our customers.
Our 2022 Supply Chain Highlights
- Met a key titanium dioxide customer’s request for Certification of Responsible Mining by achieving EcoVadis Gold certification in combination with independently audited compliance with the American Chemistry Council’s Responsible Care® RC 14001 standard
- Increased our own EcoVadis Sustainable Procurement score by 10 points
- Enhanced external visibility of the Responsible Procurement program by participating in the EcoVadis World Tour (Formerly B2B forum), in which we showcased our journey from being an EcoVadis-rated company to one that now requests EcoVadis ratings of its own suppliers
- Garnered high engagement among suppliers during our EcoVadis campaign, followed by the development of supplier improvement plans
Building a More Sustainable Supply Chain
With an extensive network of 15,000+ suppliers spanning 120+ 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 2022 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.