Sustainability Along the Supply Chain
Since WACKER has production sites in Europe, the Americas and Asia, it procures goods and services from numerous countries. As a member of both the United Nations Global Compact and the chemical industry’s Responsible Care® initiative, we are committed to verifying that our suppliers fulfill generally accepted sustainability principles. Particularly important issues include working conditions, ethical standards, safety standards (especially for handling hazardous materials) and the management of local resources (water use, energy consumption, etc.).
For this reason, WACKER joined the Together for Sustainability (TfS) initiative in 2015. Launched by the chemical industry, this procurement initiative developed a process for auditing and assessing a supplier’s sustainability performance. Standardized audit results are accessible to all TfS members – this allows suppliers to qualify for multiple customers with just one audit.
The 23 member companies of the TfS initiative work as a non-profit organization in collaboration with the European Chemical Industry Council (Cefic). In 2018, the Chartered Institute of Procurement and Supply (CIPS) recognized the initiative as a “Best Third-Sector/Not-for-Profit Procurement Project” with its CIPS Supply Management Award.