Corporate Responsibility

CABB, Mitsui and Sennics join the TfS initiative for sustainable supply chains

Together for Sustainability (TfS) is very pleased to announce that CABB Group, a leading contract development and manufacturing company (CDMO) for starting materials, active ingredients and advanced intermediates; Mitsui, a Japanese trading company dealing globally in Chemicals, Energy, Metals and active in infrastructure projectsand Sennics, a service provider of polymer additives, and member of Sinochem International; have joined the TfS initiative for sustainable supply chains.

Key messages:

  • With the arrival of CABB Group, Mitsui and Sennics the TfS member company count is now 36
  • TfS welcomes its first Japanse member and second Chinese member
  • The increase of membership confirms TfS’ leadership position with regard to driving and delivering sustainability through the chemical industry’s supply chains
  • Against the backdrop of the climate challenge and growing regulatory requirements, TfS offers the chemical industry a framework and roadmap to make supply chains a key contributor to the overall corporate’s sustainability performance

The growth of membership to 36 companies reinforces TfS’ leadership position with regard to driving and delivering sustainable supply chains around the world

TfS President Bertrand Conquéret says “I am very proud to welcome CABB Group, Mitsui and Sennics to the TfS family, bringing the TfS membership to 36 companies. Together and with our strategic partners we continue to expand our reach and increase our impact on the sustainability performance in chemical supply chains around the world, especially in Asia. Given the regulatory landscape, climate challenges and market conditions, the need for sustainable businesses only intensifies. TfS is the crucial enabler to make supply chains and businesses at large more sustainable and contribute to developing a better world.”

TfS delivers a powerful and independent due diligence procedure in the supply chain. This enables a robust and consistent assessment of the sustainability performance of chemical suppliers and producers, and roadmap for improvements. As a result, chemical companies can build stronger, agile, and more sound supply chains to ensure continued sustainable operations.

Says Martin Renner, CPO CABB “Joining the initiative TfS is a milestone for CABB procurement. Being an active member of TfS allows us to continue and even intensify the expansion of our core values regarding ESG responsibilities within all our supply chains and towards our suppliers. We are also looking forward to actively contributing to the future journey within TfS and, together with the other 35 members, to the success of this important global initiative.“

“Mitsui & Co.’s corporate mission as defined in its Mission, Vision, Values (MVV) is to realise a better tomorrow for Earth and for people around the world and to “Build brighter futures, everywhere.” Based on the MVV, we regard sustainability initiatives as essential to our way forward. Mitsui is pleased to be the first Japanese company to join TfS. We have a long tradition of producing and trading Chemicals globally. To bring the spirit of TfS to Asia and to bring the spirit of Asia to TfS is our aspiration.” says Georg Büllesbach, Executive Vice President of Mitsui & Co. Deutschland and Regional Head of Sustainable Supply Chain.

We believe that purchasing is the ‘Value Creator’ for the company,” says Yang Haiyun, Chief Procurement Officer at Sennics. “Our purchasing strategy is to adopt centralised control and intelligent management, to shift the focus of management from transactional management to strategic management, and to improve our competitiveness in sustainable procurement management across the board. TfS is in line with our mission and vision. Joining TfS is out of our necessity to fulfil our social responsibility and drive the sustainable development of the chemical industry’s supply chain. We will take advantage of the TfS platform to improve our sustainability practices and interact with other industry players.”