Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Sustainable Materials

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Shifting chemical and plastics production towards renewable carbon requires significant efforts from industry, policy, and society.
• Land availability for biomass, affordable renewable energy for all three sources (biomass, CCU, recycling), and political support for new technologies are crucial factors.
• Current high cost of renewable carbon from CCU compared to fossil carbon.

Mitigation Strategies

• Proposing a fossil carbon tax, discontinuation of fossil fuel funding, higher costs for fossil CO2 emissions in ETS, development of renewable carbon certificates and labels, establishing quotas of renewable carbon in products, mandatory annual reporting on renewable carbon usage by companies, tax credits for CO2 sequestration and utilization, tightening environmental requirements for chemicals, systematic expansion of mechanical and chemical recycling, increased financial support for R&D in renewable carbon technologies, massive expansion of renewable energies and green hydrogen grids.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and processes using renewable carbon.

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 7 (Affordable and Clean Energy)
• SDG 9 (Industry, Innovation and Infrastructure)
• SDG 12 (Responsible Consumption and Production)
• SDG 13 (Climate Action)

The transition to renewable carbon contributes to these goals by reducing greenhouse gas emissions, promoting sustainable industrial practices, and fostering innovation in renewable materials and technologies.

Sustainable Products & Innovation

• CO2-based polymers, bio-based chemicals and materials.

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Sustainable Development

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• High demand for carbon in the chemical and plastics industries, primarily driven by fossil fuels.
• Need to replace fossil carbon with viable alternatives while meeting increasing demand.
• Lack of a supportive policy framework for the transition to renewable carbon.

Mitigation Strategies

• Promoting the use of renewable carbon (biomass, CO2 utilization, recycling).
• Developing policy recommendations to support the transition.
• Advocating for carbon management strategies and investments in renewable carbon technologies.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Transition to renewable carbon sources.

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 9 (Industry, innovation, and infrastructure)
• Goal 12 (Responsible consumption and production)
• Goal 13 (Climate action)

The transition to renewable carbon contributes to these goals by reducing greenhouse gas emissions, promoting sustainable industrial practices, and fostering innovation in the chemical and materials sectors.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed