United States. The Chemours Company, a global chemical company, released the seventh edition of its Annual Sustainability Report, highlighting progress toward its 2030 Corporate Responsibility Commitment (CRC) Goals.
Titled "Partnering for Progress," the report illustrates how Chemours embraces strategic partnerships to deliver innovative products responsibly and sustainably, share their success, and increase business value.
"Chemours' commitment to sustainability and our values is unwavering. We have made significant progress in our Corporate Responsibility goals, prioritizing actions that improve people's lives, drive modern progress, and protect our planet for future generations," said Denise Dignam, President and CEO of Chemours.
Chemours' sustainability strategy and CRC goals are structured around four pillars: Environmental Leadership, Innovation and Sustainable Solutions, Community Impact, and The Best Place to Work for All. Inspired by the company's vision, these pillars guide the day-to-day actions of its employees, from operations and product innovation to stakeholder and community engagement.
"Climate change, biodiversity loss, social inequality and public health are some of the most pressing issues of our time and require bold and collaborative action across society. At Chemours, we believe in the power of partnerships to find the best solutions to these grand challenges and accelerate progress. Working together and through the unique capabilities of our chemistry, we help enable important applications that meet societal goals, such as transitioning to clean energy, driving innovation in thermal management solutions with low global warming potential, advancing electronics and electrifying transportation, promoting a greener and more inclusive future, and improving lives everywhere," said Amber Wellman, Chief Sustainability Officer at Chemours.
Highlights of the 2023 Chemours Sustainability Report include:
- 52% reduction in operational greenhouse gas (GHG) emissions since 2018, on track for a 60% reduction by 2030.
- 59% reduction in total fluorinated organic chemicals (FOC) emissions to air and water since 2018, with a goal of 99% or more by 2030.
- Exceeded the Sustainable Supply Chain target, evaluating the sustainability performance of 81% of suppliers by expense, with 24% showing improvements in sustainability. In addition, 85% of Chemours suppliers exceeded the average threshold of all companies rated by EcoVadis.
- Development of a framework with the Wildlife Habitat Council to conduct a nature assessment and implement a nature-based initiative at the corporate level in 2024.
- $ 3 million investment in the Center for Clean Hydrogen as part of the Clean Hydrogen Partnership, to address the challenges of creating low-cost clean hydrogen and efficient hydrogen energy conversion.
- Expansion of the ChemFEST program, a middle school STEM education partnership, to five sites in the U.S. and Belgium.
- Achieved Great Place to Work® certification in 15 global regions, covering more than 92% of Chemours' global workforce.
