Driving value for our customers
Product safety, quality, and sustainability are central to how we operate as a global chemical manufacturer. We recognize our responsibility to deliver solutions that not only perform but also support a more sustainable future. Sustainability is embedded into every stage of our product development process—from concept through to end-of-life. Our approach ensures environmental and social considerations are integrated from the outset, aligning innovation with responsible sourcing, manufacturing, and stewardship.
In 2024, we made further progress toward our 2030 sustainability goals, including the development of our Venator product carbon footprint (V-PCF) and new methodology to measure our products' contribution to the UN SDGs. These efforts reflect our commitment to delivering value for customers while contributing positively to society and the environment.
Enhancing product sustainability
Our team is constantly seeking to use their expertise to meet the evolving needs of the world and our customers. With a portfolio of over 100 different specialized products, we must ensure that all innovation produces demonstrable benefits. Venator tracks the progress and benefit delivery of its new products using our New Venture Process, a systematic methodology designed for developing new products through a series of defined phases and milestone checkpoints. This process ensures that all new product ventures align with business objectives, market needs, and regulatory requirements while minimizing risks and maximizing the potential for success.
Supply chain management
A critical part of achieving our sustainability targets is active engagement with our supply chain. Aligning supplier practices with our sustainability goals is essential for reducing supply chain emissions and improving social and environmental standards.
Venator’s Global Procurement team plays a central role in this effort, managing a network of over 4,500 vendors and focusing on strategic engagement with our Tier 1 suppliers to drive improvements in sustainable performance and reduce supply chain emissions. A key priority is improving the quality and transparency of supplier data to help meet our target of more than 50% of suppliers achieving a 15% reduction in greenhouse gas (GHG) emissions by 2030.
Progress and Impact
Case study: Reducing emissions and risk in the tetra supply chain
A major milestone in supply chain optimization has been our tetra supply chain project, which focuses on reducing freight emissions and mitigating risk. Our Teluk Kalong site uses titanium tetrachloride (tetra), a substance requiring strict containment measures, in its manufacturing. Historically, we shipped tetra from our Greatham site in the UK to Teluk Kalong, maintaining a closed-loop supply chain but incurring significant freight GHG emissions and logistical risks.
In order to reduce risk in the supply chain and decrease lead times and freight GHG emissions, Venator transitioned to a more local tetra supplier for the Teluk Kalong site while redirecting Greatham’s tetra production to support European customers. This change has resulted in:
- A significant reduction in freight emissions.
- Increased supply chain reliability by shortening lead times.
- Substantial cost savings.
Looking ahead, we will continue to explore solutions that enhance freight efficiency, reduce emissions, and support our broader sustainability targets. Optimizing transportation and sourcing will remain central to our efforts to reduce emissions, improve resilience, and align with our long-term sustainability commitments.
