Value Chain & Products
Together for Sustainability
Harmonizing global standards in the supply chain creates transparency and makes it easier for both suppliers and customers to reliably assess and evaluate sustainability performance. The chemical industry set up the TfS initiative for this purpose in 2011. Evonik is one of the six founding members.
The aim of together for sustainability
The aim of TfS is the joint development and implementation of a global assessment and audit program for responsible procurement of goods and services. It also provides webinars and training on sustainability. In this way, the initiative does not simply make environmental and social standards in supply chains measurable; it also contributes to a direct improvement.
Worldwide, the TfS member companies initiated 378 audits and 1,545 assessments in 2022.
STANDARDS
Harmonizing global standards in the supply chain creates transparency and makes it easier for both suppliers and customers to reliably assess and evaluate sustainability performance. The chemical industry set up the TfS initiative for this purpose in 2011. Evonik is one of the six founding members. More The aim of TfS is the joint development and implementation of a global assessment and audit program for responsible procurement of goods and services. It also provides webinars and training on sustainability. In this way, the initiative does not simply make environmental and social standards in supply chains measurable; it also contributes to a direct improvement.
Active involvement in TfS is important to us. Our employees are represented on TfS workstreams in Germany, North and South America, and Asia. Moreover, Evonik plays a leading role by chairing or co-chairing TfS workstreams. Sharing knowledge of sustainability criteria with suppliers is a key aspect of TfS. Through the TfS Academy, we therefore invited our suppliers to participate in the corresponding TfS and EcoVadis[1] webinars in 2022. This new learning platform is used to provide specific information and for the training and development of both suppliers and Evonik’s procurement organization.
As a member of the TfS initiative, we are also subject to TfS assessments. The EcoVadis rating agency once again awarded us platinum status in 2022. This award places us among the top 1 percent of the companies evaluated by EcoVadis in both the chemical industry and in other sectors. In previous years, EcoVadis awarded our specialty chemicals company gold status on six occasions.
Worldwide, the TfS member companies initiated 378 audits and 1,545 assessments in 2022.[2] Evonik initiated 11 of these audits and 108 of the assessments. About 90 percent of our direct and over 80 percent of our indirect procurement volume was covered by TfS assessments.
The EcoVadis rating agency has again awarded Evonik Platinum status in 2022. This puts us among the top 1 percent of companies rated by EcoVadis in both the chemicals sector and all other industries. In previous years, EcoVadis had already rated Evonik "Gold" six times.