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Report shows Chemours’ global commitment to environmental leadership, sustainable innovation, and communities.
August 9, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
The Chemours Company announced the fifth edition of its annual Corporate Responsibility Commitment (CRC) Report, inclusive of updates on the company’s ESG targets. The report showcases the company’s collective determination and commitment to making chemistry as responsible as it is essential while delivering tremendous progress to meet its goals. Select report highlights from the company’s 2021 operations include: • Made substantial progress toward achieving the company’s goal to reduce air and water process emissions of fluorinated organic compounds by 99% or more by 2030, reaching a 40% global reduction since 2018. • Generated 47.2% of total 2021 revenue from offerings that make a specific contribution to the United Nation’s Sustainable Development Goals (UN SDGs). • Achieved the company’s sustainable supply chain goal, completing supplier corporate responsibility assessment evaluations for 81% of suppliers by spend, with 15% of suppliers improving their sustainability performance. • Furthered its commitment to energy and emissions reductions, joining the U.S. Department of Energy Better Climate Challenge with a commitment to reduce energy intensity by 17% and reduce GHG emissions by 50% within 10 years. • Reached the 30% milestone on the way to investing $50 million in its communities and launched a new global school partnership program, ChemFEST, to nurture the next generation of STEM professionals. • Refocused its gender parity goal, dedicated to filling 50% of all director-level positions and above with women by 2030 on Chemours’ journey to achieving gender parity. For 2021, Chemours has filled 33% of director level and above positions and 23% of all positions with women. • Exceeded the 20% goal to fill all U.S. positions with ethnically diverse employees and set a new, more ambitious goal of filling 30% of all U.S. positions with ethnically diverse talent. • Made progress in the first year of the Remove2Reclaim research project, which is developing a more sustainable process for recovering titanium dioxide and polymers from end-use plastic to help crack the code on effective plastic recycling. “The world increasingly expects companies to provide essential products responsibly. At Chemours, we share those expectations, which is why sustainability, and our commitments to it, are embedded in everything we do,” said Mark Newman, president and CEO of Chemours. “Sustainability at Chemours is an ethos practiced by all of our 6,400 collective entrepreneurs. We fully embrace the bold innovation, collaboration, and action needed today to solve some of the world’s greatest challenges,” said Sheryl Telford, chief sustainability officer.
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