Chemours, a global leader in chemicals (NYSE: CC), has unveiled its seventh annual Sustainability Report titled “Partnering for Progress,” detailing its strides toward achieving its 2030 Corporate Responsibility Commitment (CRC) goals. The report underscores Chemours’ dedication to delivering innovative and sustainable products responsibly while enhancing business value through collaboration.
Denise Dignam, President and CEO of Chemours, emphasized the company’s steadfast commitment to sustainability and values, highlighting significant advancements in corporate responsibility. She emphasized, “Our focus remains on enhancing lives, driving progress, and safeguarding our planet for future generations.”
At the core of Chemours’ sustainability strategy are four pillars: environmental leadership, innovation and sustainable solutions, community impact, and fostering a premier workplace environment. These pillars guide all facets of the company’s operations and interactions, ensuring sustainability is integrated into every business decision.
Dr. Amber Wellman, Chief Sustainability Officer at Chemours, emphasized the urgent need for collective action to address pressing global challenges such as climate change, biodiversity loss, and social inequality. She underscored Chemours’ role in leveraging partnerships and innovative chemistry to drive solutions, including clean energy transition, advancements in thermal management, electronics, and sustainable transportation.
Key highlights from the 2023 Sustainability Report include:
- Achieving a 52% reduction in operational greenhouse gas emissions since 2018, on track for a 60% reduction by 2030.
- A 53% reduction in emissions of fluorinated organic chemicals (FOCs) to air and water since 2018, halfway towards the 2030 target of 99% reduction.
- Successful assessment of sustainability performance for 81% of suppliers by spend, with 24% demonstrating improved sustainability performance.
- Collaboration with the Wildlife Habitat Council to implement a nature-based initiative across the company by 2024.
- Investment of $3 million in the Clean Hydrogen Center to advance low-cost, clean hydrogen production and energy conversion.
- Expansion of the ChemFEST STEM education program across multiple locations in the U.S. and Belgium.
- Attainment of Great Place to Work® certification in 15 global regions, covering over 92% of Chemours’ global workforce.
Chemours underscores the pivotal role of partnerships in achieving sustainable progress, highlighting collaborative efforts to enhance environmental stewardship and social responsibility.