As part of the OMV Group, Borealis is a member of TfS, which is a joint initiative set up by the chemical industry. TfS enables its members to implement sustainable procurement by sharing the results of standardized supplier audits and assessments performed by independent experts, using a single standard of auditing and assessment.
It is based on the principles of the UN Global Compact and Responsible Care®. TfS covers areas of sustainable business practice, including environmental impact, health and safety, labor and human rights, management and governance. The audits and assessments benefit both members and suppliers, who only need to go through the process once and avoid multiple assessments by different customers. All new Borealis suppliers are requested to provide a TfS or EcoVadis assessment or equivalent, with criteria on corporate social responsibility, sustainability and ethics. Future suppliers in higher-risk countries will be requested to provide a TfS audit report.