headquartered in a member state of the Organisation for Economic Co-operation and Development (OECD). The OECD’s 35 member states are dedicated to the economic and social wellbeing of people around the world.
With production sites in Europe, the Americas and Asia, our company collaborates with global suppliers. Associated risks must be known, evaluated and controlled. Potentially critical topics include working conditions, ethical standards, safety standards (especially when hazardous materials are being handled) and the use of local resources (e.g. water use or energy consumption). To limit such risks, we must ensure that we procure raw materials and technical goods and services from responsible suppliers.
That’s why WACKER joined the chemical industry’s “Together for Sustainability” (TfS) initiative in January 2015. Established in 2011, the organization aims at developing a global program for responsible procurement of goods and services and improving the ecological and social standards of suppliers.
We expect our suppliers to observe the principles of the UN’s Global Compact and the Responsible Care® initiative. This constitutes part of our General Terms and Conditions of Purchase. We also endeavor to contractually obligate our main suppliers to participate in the assessment and audit program of the TfS initiative. Suppliers are evaluated by two methods:
- Assessments, based on a questionnaire issued by EcoVadis
- Audits, carried out by a TfS-certified auditing company