The report showcases how Chemours’ partnerships
help drive environmental stewardship and social responsibility
The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry
company, today announced the seventh edition of its annual
Sustainability Report, outlining the Company’s progress toward
meeting its 2030 Corporate Responsibility Commitment (CRC) goals.
The report titled “Partnering for Progress,” showcases how Chemours
embraces partnerships to deliver innovative products responsibly
and more sustainably, share its success with others, and drive
business value.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240611034340/en/
Chemours' seventh edition of its annual
Sustainability Report, outlines the Company’s progress toward
meeting its 2030 Corporate Responsibility Commitment goals. The
report titled “Partnering for Progress,” showcases how Chemours
embraces partnerships to deliver innovative products responsibly
and more sustainably, share its success with others, and drive
business value. (Graphic: Business Wire)
“Chemours’ commitment to sustainability and our values is
unwavering. We’ve made significant progress against our Corporate
Responsibility Commitment goals, prioritizing actions that improve
how people live, power modern progress, and protect our planet for
future generations,” said Denise Dignam, President and CEO of
Chemours. “We are focused on priorities that matter to our company,
customers, and stakeholders, and we fully integrate sustainability
into our business decisions and actions across our
organization.”
Chemours organizes its sustainability strategy and CRC goals
around four pillars: Environmental Leadership, Innovation &
Sustainable Solutions, Community Impact, and Greatest Place to Work
for All. Inspired by the Company’s vision, these pillars guide the
daily actions and decisions of its employees, from operations and
product innovation to stakeholder and community engagement.
“The modern world continues to progress faster each year, and
that brings both societal challenges and opportunities for creating
a more sustainable world,” said Dr. Amber Wellman, Chief
Sustainability Officer of Chemours. “Climate change, nature loss,
social inequality, and public health are some of the most pressing
issues of our time, and they require bold, collaborative action
across society. 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. 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’ 2023 Sustainability Report highlights
include:
- Achieved a 52% reduction in operational greenhouse gas (GHG)
emissions since 2018—on track for a 60% reduction by 2030.
- Reached a 59% reduction in total process fluorinated organic
chemical (FOC) emissions to air and water since 2018—on our way to
a 99% or more reduction by 2030.
- Met and surpassed our Sustainable Supply Chain goal, assessing
the sustainability performance of 81% of suppliers by spend, with
24% demonstrating improvement in sustainability performance.
Additionally, 85% of Chemours’ supplier partners scored above the
average threshold of all companies rated by EcoVadis.
- Developed a framework with the Wildlife Habitat Council to
conduct a nature assessment and implement a corporate-wide,
nature-based initiative in 2024.
- Invested $3 million in the Center for Clean Hydrogen as part of
the Clean Hydrogen Partnership, which will work to solve the
challenges of creating low-cost clean hydrogen and efficient
hydrogen energy conversion.
- Expanded ChemFEST, our middle school STEM education partnership
program, at five sites in the U.S. and Belgium.
- Earned Great Place to Work® Certification in 15 global regions,
covering more than 92% of Chemours’ global workforce.
Strong partnerships are essential to making progress. Learn more
about how Chemours’ partners are helping strengthen environmental
stewardship and social responsibility in the 2023 Sustainability
Report.
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
This press release contains forward-looking statements, within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, which involve
risks and uncertainties. Forward-looking statements provide current
expectations of future events based on certain assumptions and
include any statement that does not directly relate to a historical
or current fact. The words "believe," "expect," "will,"
"anticipate," "plan," "estimate," "target," "project" and similar
expressions, among others, generally identify "forward-looking
statements," which speak only as of the date such statements were
made. These forward-looking statements may address, among other
things, our progress against our Corporate Responsibility
Commitment goals and our expected positive impact on societal
goals, all of which are subject to substantial risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied by such statements. Forward-looking
statements are based on certain assumptions and expectations of
future events that may not be accurate or realized, such as full
year guidance relying on models based upon management assumptions
regarding future events that are inherently uncertain. These
statements are not guarantees of future performance.
Forward-looking statements also involve risks and uncertainties
that are beyond Chemours' control. Matters outside our control,
including general economic conditions, geopolitical conditions and
global health events and weather events, have affected or may
affect our business and operations and may or may continue to
hinder our ability to provide goods and services to customers,
cause disruptions in our supply chains such as through strikes,
labor disruptions or other events, adversely affect our business
partners, significantly reduce the demand for our products,
adversely affect the health and welfare of our personnel or cause
other unpredictable events. Additionally, there may be other risks
and uncertainties that Chemours is unable to identify at this time
or that Chemours does not currently expect to have a material
impact on its business. Factors that could cause or contribute to
these differences include the risks, uncertainties and other
factors discussed in our filings with the U.S. Securities and
Exchange Commission, including in our Annual Report on Form 10-K
for the year ended December 31, 2023 and our Quarterly Report on
Form 10-Q for the quarter ended March 31, 2024. Chemours assumes no
obligation to revise or update any forward-looking statement for
any reason, except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240611034340/en/
INVESTORS Brandon Ontjes Vice President, Investor
Relations +1.302.773.3300 investor@chemours.com
Kurt Bonner, Manager, Investor Relations +1.302.773.0026
investor@chemours.com
NEWS MEDIA Cassie Olszewski Corporate Media & Brand
Reputation Leader +1.302.219.7140 media@chemours.com
Chemours (NYSE:CC)
Historical Stock Chart
From May 2024 to Jun 2024
Chemours (NYSE:CC)
Historical Stock Chart
From Jun 2023 to Jun 2024