TAGS: Sustainability / Natural Solutions
Dow expands its commitment to a sustainable future by joining together for sustainability, (TfS) a network of 34 chemical companies delivering the de facto global standard for environmental, social and governance performance of chemical supply chains.
Performance Improvement of Chemical Companies
TfS, a global, procurement-driven initiative, delivers a ground-breaking framework with robust tools to assess and improve the sustainability performance of chemical companies and their suppliers. The TfS program also includes scope 3 GHG emissions product carbon footprint and global capability building activities.
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At Dow, we’re guided by our purpose – To deliver a sustainable future for the world through our materials science expertise and collaboration with our partners,” said Cathy Budd, Dow’s vice president of purchasing. “
The TfS initiative is another opportunity for us to fulfil our goal of being the most innovative, customer-centric, inclusive and sustainable materials science company in the world. We are proud to be joining the ranks of fellow companies who have also committed to integrating sustainability elements throughout the procurement process.”
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The transition toward a low-carbon economy remains one of the fundamental challenges of our society,” said Mary Draves, Dow’s chief sustainability officer and vice president of environment, health ands. “
Dow stands at a critical juncture of the global supply chain, connecting thousands of suppliers with thousands more end-consumers. We need to work closely with our suppliers to deliver on our carbon emission targets. Together, we have an opportunity to make a critical and positive impact. The TfS framework and its tools are an important step.”
TfS president Bertrand Conquéret says, “
I am very proud to welcome Dow to the TfS family. The growth of membership to 34 member companies is in line with TfS’ strategic priority to increase the initiative’s reach and impact on the sustainability performance in chemical supply chains around the world.”
The TfS program is based on the UN Global Compact and Responsible Care® principles. TfS is a global organization with regional members’ representation in Asia, North and South America. Operating as a unique member-driven organization, the TfS member companies shape the future of the chemical industry together.
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Source: Dow