Stepan Company

05/09/2022 | Press release | Distributed by Public on 05/10/2022 11:45

Stepan Company Launches Global Sustainability Procurement Program

Frederic Ruel is the European Global Procurement Director and Sustainability and Compliance Director for Europe. He provides oversight for Stepan's European procurement and the Global PaSS Program.

"We must ensure that our trading partners reflect our values and standards, and share our commitment to sustainability. The first step in our procurement sustainability agenda is to develop transparency around our trading partners and their suppliers' environmental, social and governance performance," Ruel explained.

The PaSS Program focuses on selecting goods and services suppliers across the markets we serve to align environmental, social and governance performance management and to ensure the use of responsibly sourced goods and services.

Through the PaSS Program, Stepan has already engaged EcoVadis to provide a sustainability assessment of our key global suppliers. EcoVadis is a third-party company that partners with organizations to measure sustainability through a common platform, develops a universal scorecard with benchmarks and offers performance improvement tools.

Over the next year, the PaSS Program will focus on supplier onboarding, revising procurement processes and continued education on sustainability practices.

Learn more about Stepan's commitment to sustainable business practices by visiting our Responsible Practices webpage.