Sustainability Practices For Chemical Industry

Sustainability for a chemical company should be about much more than its future aspirations. It is about what that company is doing today, not just for its own business but also for what sustainable practices it is driving and supporting from its suppliers and customers along the value chain.

In the case of sourcing raw materials, that means promoting sustainable practices and sourcing sustainable raw materials from suppliers. In the case of product offering to customers, it is about offering products that enable your customers and their customers to do things more sustainably.

For raw material sourcing, it is essential to have a robust process in place for tracking, monitoring, and reporting on the proportion of biobased, circular, renewable, and recycled raw materials being used.

Steps to Promote the Use of Renewable or Bio-based Feedstocks

Engagement along the Value Chain

Chemical producers need to have a full engagement along the value chain. That means promoting the renewable and bio-based aspect of your product offering not just to your customers but also to the customers of your customers. You need to engage right through to the product producer for the end consumer.

Understand the Formulation Addition levels along the value chain