Chemours Highlights Its Partners for Progress in 2023 Sustainability Report

Rhea-AI Summary

Chemours released its 2023 Sustainability Report titled 'Partnering for Progress,' emphasizing its 2030 Corporate Responsibility Commitment goals. The report highlights their progress in Environmental Leadership, Innovation & Sustainable Solutions, Community Impact, and creating the Greatest Place to Work for All.

Key achievements include receiving two U.S. Department of Energy Better Plants Program awards, developing a nature-based initiative with the Wildlife Habitat Council, and advancing towards GHG emission goals. Chemours invested $3M in the University of Delaware's Center for Clean Hydrogen and achieved 48% revenue from products contributing to UN SDGs.

The company expanded its ChemFEST program, donated $350,000 to the Discovery World Museum, and funded a $250,000 Diversity in Safety Scholarship. Chemours also earned Great Place to Work Certification in 15 regions and was recognized by U.S. News & World Report as a top chemical company to work for.

Positive

• Received two U.S. Department of Energy Better Plants Program awards.
• Developed a corporate-wide, nature-based initiative framework with the Wildlife Habitat Council.
• Achieved 85% of its GHG emissions goal.
• Invested $3 million in the Center for Clean Hydrogen at the University of Delaware.
• Achieved 48% revenue from products contributing to UN SDGs.
• Expanded ChemFEST program at five sites in the U.S. and Belgium.
• Donated $350,000 to Discovery World Museum and announced a 10-year STEM education partnership.
• Funded $250,000 to the Diversity in Safety Scholarship.
• Earned Great Place to Work Certification in 15 global regions.
• Recognized as one of the Best Chemical Companies to Work For by U.S. News & World Report.

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / June 25, 2024 / The Chemours Company, a global chemistry company, has released its 2023 Sustainability Report, "Partnering for Progress." The report illustrates the company's latest achievements toward meeting its 2030 Corporate Responsibility Commitment goals.

"At Chemours, we believe in the power of partnerships to find the best solutions to the biggest challenges and the opportunities they offer to accelerate progress," said Dr. Amber Wellman, Chief Sustainability Officer of Chemours. "By working together, and through the unique capabilities of our chemistry, we help enable important applications that deliver on societal goals, such as transitioning to clean energy, driving innovation in low global warming potential thermal management solutions, advancing electronics and electrifying transportation, progressing a greener and more inclusive future, and helping improve lives everywhere."

Chemours organizes its sustainability strategy and goals around four pillars: Environmental Leadership, Innovation & Sustainable Solutions, Community Impact, and Greatest Place to Work for All.

Key Highlights and Achievements Include:

Environmental Leadership

• Received two U.S. Department of Energy Better Plants Program awards- the Better Project award and the Better Practice award-for the second year in a row
• Developed a framework with the Wildlife Habitat Council to conduct a nature assessment and implement a corporate-wide, nature-based initiative in 2024
• More than 85% of the way to achieving its 2030 absolute greenhouse gas (GHG) emissions goal, and almost 60% of the way to achieving its air and water fluorinated organic chemical (FOC) process emissions goal

Innovation & Sustainable Solutions

• Invested $3 million in the Center for Clean Hydrogen at the University of Delaware as part of the Clean Hydrogen Partnership between the U.S. Department of Defense, the University of Delaware, Chemours, Plug, and the U.S. Department of Energy's National Renewable Energy Laboratory (NREL)
• Achieved 48% of the company's revenue from products that make specific contributions to the UN Sustainable Development Goals (UN SDGs)
• Contributed to the conversation of Green Chemistry and Sound Chemical Management by presenting at U.S. EPA-organized Asia-Pacific Economic Cooperation workshop

Community Impact

• Expanded the Chemours Future of Engineering, Science, Trades and Technology School Partnership Program (ChemFEST), our middle school partnership program, at five sites in the U.S. and Belgium
• Donated $350,000 to Discovery World Museum in Parkersburg, West Virginia, and announced a 10-year STEM education partnership
• Funded $250,000 to the Diversity in Safety Scholarship in partnership with the National Safety Council to support students from historically marginalized backgrounds pursuing degrees at Historically Black Colleges and Universities and Hispanic Serving Institutions

Greatest Place to Work for All

• Earned Great Place to Work® Certification™ in 15 global regions, representing approximately 92% of locations in which Chemours' global workforce operates
• Recognized by U.S. News & World Report as one of the Best Chemical Companies to Work For as part of its Best Companies to Work For by Industry lists
• Implemented a new digital solution to manage the contractor Environment, Health, and Safety (EHS) requalification process at U.S. sites for improved visibility and a streamlined process

View the full report here.

About The Chemours Company

The Chemours Company (NYSE: CC) is a global leader in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. We deliver customized solutions with a wide range of industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and consumer electronics, general industrial, and oil and gas. Our flagship products are sold under prominent brands such as Ti-Pure™, Opteon™, Freon™, Teflon™, Viton™, Nafion™, and Krytox™. The Company has approximately 6,200 employees and 28 manufacturing sites, and serves approximately 2,700 customers in approximately 110 countries. Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC.

For more information, we invite you to visit chemours.com or follow us on X (formerly Twitter) @Chemours or on LinkedIn.

Forward-Looking Statements and Other Information

Media contact:
media@chemours.com

Read More

View additional multimedia and more ESG storytelling from The Chemours Company on 3blmedia.com.

Contact Info:
Spokesperson: The Chemours Company
Website: https://www.3blmedia.com/profiles/chemours-company
Email: info@3blmedia.com

SOURCE: The Chemours Company

View the original press release on accesswire.com

FAQ

What are the key achievements highlighted in Chemours' 2023 Sustainability Report?

Chemours' 2023 Sustainability Report highlights receiving U.S. DOE awards, achieving 85% of GHG emissions goals, investing $3M in clean hydrogen, and expanding its ChemFEST program.

When was Chemours' 2023 Sustainability Report released?

Chemours released its 2023 Sustainability Report on June 25, 2024.

How much did Chemours invest in the University of Delaware's Center for Clean Hydrogen?

Chemours invested $3 million in the Center for Clean Hydrogen at the University of Delaware.

What percentage of Chemours' revenue comes from products contributing to UN SDGs?

48% of Chemours' revenue comes from products that contribute to the UN Sustainable Development Goals.

Which awards did Chemours receive from the U.S. Department of Energy in 2023?

Chemours received the Better Project award and the Better Practice award from the U.S. Department of Energy in 2023.

What initiatives did Chemours undertake in its Community Impact pillar?

Chemours expanded ChemFEST, donated $350,000 to Discovery World Museum, and funded a $250,000 Diversity in Safety Scholarship.

What recognition did Chemours receive as an employer in 2023?

Chemours earned Great Place to Work Certification in 15 regions and was recognized by U.S. News & World Report as one of the Best Chemical Companies to Work For.