The chemical industry sits at the beginning of almost every value chain, meaning its environmental impact ripples through the entire global economy. Together for Sustainability (TfS) was founded to address this challenge, creating a unified framework to assess, audit, and improve sustainability practices within chemical supply chains.
This article explores what TfS is, why it is the standard for chemical procurement, and how Monsoon Carbon can support your organization in meeting its rigorous performance criteria.
What is Together for Sustainability (TfS)?
Together for Sustainability (TfS) is a global initiative focused on building resilient and sustainable supply chains in the chemical industry. It is a member-driven organization that sets the standard for environmental, social, and governance (ESG) performance.
TfS operates on a simple but powerful principle: “An audit for one is an audit for all.” By sharing supplier sustainability assessments (often conducted via EcoVadis) and audit results among members, TfS drives standardization. It allows chemical companies to assess the sustainability performance of their suppliers effectively without duplicating efforts, covering critical areas such as:
- Environment: Energy consumption, water, and waste.
- Labor & Human Rights: Working conditions and safety.
- Ethics: Fair business practices and compliance.
- Sustainable Procurement: Managing sub-suppliers.
Why TfS Matters
The primary mandate of TfS is building resilient and sustainable supply chains. This matters because, for most chemical companies, the majority of emissions and risks lie not within their own fences, but in their supply chain (Scope 3).
For suppliers and buyers in the chemical sector, TfS is critical because:
- It Standardizes Success: Instead of completing different questionnaires for every customer, a supplier can undergo one TfS assessment and share the results with all member companies. This efficiency unlocks resources to focus on actual improvement.
- It Drives Scope 3 Reduction: TfS has launched a specific “Product Carbon Footprint (PCF)” guideline to standardize how emissions are calculated at the product level. This transparency is the first step toward decarbonizing the massive chemical value chain.
- It Mitigates Risk: By rigorously auditing suppliers, TfS helps companies identify and avoid disruptions caused by environmental non-compliance or social unrest in their supply networks.
How Monsoon Carbon Supports TfS Alignment
A key component of the TfS assessment (and the underlying EcoVadis score) is the “Environment” theme, where energy management and GHG emissions are heavily weighted. Monsoon Carbon supports chemical suppliers in improving their scores through our environmental commodities and advisory services.
We assist organizations in their TfS journey by:
- Boosting Environmental Scores: We provide direct access to Renewable Energy Certificates (RECs). Switching to renewable energy is one of the most effective ways to demonstrate “Advanced” or “Outstanding” management of environmental issues, directly improving the energy section of a TfS/EcoVadis assessment.
- Decarbonizing Products: As TfS pushes for lower Product Carbon Footprints (PCF), suppliers need to reduce the embedded carbon in their goods. We help suppliers procure RECs to lower their Scope 2 emissions, thereby reducing the carbon intensity of the chemicals they sell to TfS members.
Contact Us Today!
Whether you are a supplier aiming to improve your assessment score or a member company looking to help your supply chain decarbonize, Monsoon Carbon provides the market solutions that drive chemical industry sustainability.
Contact us to discuss buying Renewable Energy Certificates (RECs) and let us help you build a resilient, sustainable supply chain.
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