Specialty polymers producer Kraton Corporation has joined Together for Sustainability, a chemical industry initiative for sustainable supply chains, in May 2020.
Together for Sustainability (TfS) has developed a framework of assessment and audit tools to improve the sustainability performance of chemical companies and their suppliers. The program is based on the UN Global Compact and Responsible Care principles and provides a global standard for environmental, social and governance performance of the chemical supply chains.
“I am very proud that since the beginning of 2020, Kraton is the fourth company that decided to become a member of the TfS Community. This underlines that, despite the challenging times, the chemical industry is more than ever committed to putting sustainability at the heart of its business operations and procurement strategies. The arrival of Kraton will make the TfS initiative stronger and will enable it to expand its reach and impact; putting TfS into a pole position to grow into this truly global initiative and make tangible impacts to improve sustainability in the chemical supply chains,” TfS President Bertrand Conquéret comments.
Together with Kraton, the TfS initiative plans to continue to foster and drive sustainability practices and processes along the chemical industry’s supplying companies. The initiative claims that this will benefit the sustainability performance of all TfS member companies’ business operations, as well as their many suppliers.
“Kraton is proud to join Together for Sustainability”, says Suzanne Pesgens, Vice President and Chief Procurement Officer at Kraton. “As a leading global supplier of styrenic block copolymers and pine chemicals, we aspire to make a Positive Difference. Kraton’s alignment with TfS enables us to more effectively collaborate across the industry – from our suppliers to our customers – to accelerate environmental and social improvements.”
Counting Kraton, TfS currently counts 26 member companies, which represent a global turnover in the chemical industry of EUR 424 billion and a global spend of EUR 282 billion. Further members are AkzoNobel, Arkema, Azelis, BASF, Bayer, Borealis, Brenntag, Clariant, Corteva, Covestro, DSM, Eastman, Evonik, Henkel, ICL, IFF, Lanxess, Merck, Sanofi, Sika, Solvay, Syngenta, UPM, Wacker, and Wanhua.
Kraton Corporation is a global sustainable producer of specialty polymers and biobased products derived from pine wood pulping co-products. Kraton’s polymers are used in a wide range of applications including adhesives, coatings, consumer and personal care products, sealants, lubricants, medical, packaging, automotive, paving and roofing applications. As one of the largest global provider in the pine chemicals industry, the company’s pine-based specialty products are sold into adhesives, roads and construction and tire markets, and it produces and sells a broad range of performance chemicals into markets that include fuel additives, oilfield chemicals, coatings, metalworking fluids, lubricants, inks, flavors and fragrances and mining.