With the arrival of the new members, TfS strengthens its leadership with regard to driving and delivering sustainability through the chemical industry’s supply chains.
Together for Sustainability (TfS) announces that SABIC, a global diversified chemicals company, headquartered in Riyadh, Saudi Arabia; Synthomer, a British-based specialty chemicals producer; and Yara, a global leading crop nutrition company, have joined the TfS initiative for sustainable supply chains. The TfS member company count is now 43. With the arrival of the new members, TfS strengthens its leadership with regard to driving and delivering sustainability through the chemical industry’s supply chains. Against the backdrop of the climate challenge and increasing regulatory requirements, TfS provides the chemical industry with innovative solutions to enable supply chains to make a significant contribution to the company’s overall sustainability and resilience performance.
President, Together for Sustainability
“I am proud to welcome SABIC, Synthomer and Yara to the TfS family, bringing the TfS membership to 43 companies. The arrival of the new members strengthens TfS’ global leadership. Together and with our strategic partners we will continue to increase our impact on the sustainability performance in chemical supply chains around the world. Given the regulatory landscape, the climate challenge, and market conditions, the need for sustainable businesses is only increasing. TfS is the crucial factor in making supply chains and businesses more sustainable, collaborative and resilient and contributing to the development of a better world.”
Khaled Saleh Al-Kharboush
Vice President Procurement, SABIC
“Embedding sustainability into our procurement processes, policies, and culture as a foundational pillar is a key part of SABIC’s sustainable procurement strategy. Joining TfS will enable SABIC to reach its goals faster, to allocate its resources to value-adding activities, and to proactively contribute to enhanced ESG performance in close collaboration with our industry peers.”
Dr Stephen Blackburn
CPO & Vice President, Group Procurement, Synthomer
“Sustainability needs to be at the center of what we do today and not just in the future, it can only be tackled in collaboration with our supply chains and peers. We believe that joining Together for Sustainability (TfS) will bring us a step closer towards improving our sustainability performance and achieving our commitment to reaching net zero, we look forward to working closely with TfS and its members on this important global issue.”
SVP Indirect Procurement, Yara International
“No organisation can solve global challenges alone. Yara works towards a nature positive food future, but that is not possible without collaboration. Joining TfS offers great opportunities and will accelerate our efforts on reducing scope 3 upstream emissions. We look forward to collaborating with the other members on our journey towards sustainable supply chains.”
About Together for Sustainability (TfS)
Together for Sustainability (TfS) is a global, procurement-driven initiative created by chemical companies with the goal of assessing, auditing, and improving the sustainability practices within their global supply chains. The programme is based on the UN Global Compact and Responsible Care® principles and has grown into a global organisation with regional representation in Asia, North and South America.
TfS develops and drives innovative responsible sourcing solutions through the global chemical industry.
Current TfS member companies are ADVANSIX, AKZONOBEL, ALLNEX, ARCHROMA, ARKEMA, AZELIS, BASF, BAYER, BRENNTAG, CABB, CHEMOURS, CLARIANT, CORTEVA, COVESTRO, CRODA, DOW, DSM, EASTMAN, EVONIK, GIVAUDAN, HENKEL, ICL, IFF, IMCD, KRATON, LANXESS, LENZING, LONZA, LYONDELLBASELL, MERCK, MITSUI, OMV, SABIC, SEMPERIT, SENNICS, SIKA, SOLVAY, SYNGENTA, SYNTHOMER, UPM, WACKER, WANHUA and YARA.
TfS member companies represent a global turnover in the chemical industry of over €600billion and a global spend of over €400billion.
SABIC is a global diversified chemicals company, headquartered in Riyadh, Saudi Arabia. It company has more than 31,000 employees worldwide and operates in around 50 countries. It manufactures on a global scale in the Middle East, Americas, Europe and Asia Pacific, making distinctly different kinds of products: chemicals, commodity and high-performance plastics, agri-nutrients and metals. Fostering innovation and a spirit of ingenuity, SABIC has 10,090 patents and pending applications, and has significant research resources with innovation hubs in key geographies around the world. SABIC supports its customers by identifying and developing opportunities in key end-use applications such as construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation, and clean energy.
SABIC Media Relations
Synthomer produce high-performance, highly specialised chemical products and solutions that bind the modern world together through the broadest range of everyday applications. Working with over 6000 customers, we help bring thousands of products to life – from adhesives to coatings, construction, and speciality healthcare applications. Our chemistry is all around you. On your walls, under your feet, even wrapped around your lunch. It’s in the hygiene products that protect us and the infrastructure that supports our economy.
We’re here to create innovative, sustainable solutions that benefit customers and society. It’s this purpose that’s helping us to grow, by turning ambitious ideas and technology into material reality every day, we’re growing fast. Through our specialised emission-reducing formulations, we’re not only helping to meet essential consumer needs. We’re delivering solutions that are better for the planet too.
An evolving company -Our roots stretch back to 1863, but we’ve never stopped evolving.
Faisal Tabbah | VP Investor Relations | P: +44 1279 775 306 | M +44 7590 412 262
Yara grows knowledge to responsibly feed the world and protect the planet. Supporting our vision of a world without hunger and a planet respected, we pursue a strategy of sustainable value growth, promoting climate-friendly crop nutrition and zero-emission energy solutions. Yara’s ambition is focused on Growing a Nature-Positive Food Future that creates value for our customers, shareholders and society at large and delivers a more sustainable food value chain.
To achieve our ambition, we have taken the lead in developing digital farming tools for precision farming and work closely with partners throughout the food value chain to improve the efficiency and sustainability of food production. Through our focus on clean ammonia production, we aim to enable the hydrogen economy, driving a green transition of shipping, fertilizer production and other energy intensive industries.
Founded in 1905 to solve the emerging famine in Europe, Yara has established a unique position as the industry’s only global crop nutrition company. We operate an integrated business model with around 17,800 employees and operations in over 60 countries, with a proven track record of strong returns. In 2021, Yara reported revenues of USD 16.6 billion.
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Marius Wærhaug Madsen
email@example.com | M: +47 977 23 199