Chemours has announced plans to achieve a 60% absolute reduction of operations-related greenhouse gas emissions by 2030 and net zero emissions by 2050. It warned, however, that achieving this “will require significant collaboration in both the public and private sectors to deliver technological innovation and government policies that enable and incentivise the transition to a greener economy”.
Clariant has committed to new 2030 targets to reduce CO2 emissions in line with the Science Based Targets initiative (SBTi), which has validated them. This follows the establishment last year a dedicated unit to accelerate its sustainability transformation. The targets are:
* 40% absolute reductions in Scope 1 (made directly during production) and 2 (emitted indirectly, mainly through consuming steam and electricity) greenhouse gas emissions (GHG) emissions on 2019 levels
* A 14% absolute reductions in Scope 3 (other indirect) GHG emissions on 2019 levels
From 1 February, Sumitomo Chemical will establish a strategy council and a cross-functional team led by executive officers supervising research planning and coordination, Responsible Care and related functions to promote and formulate strategies for achieving carbon neutrality by 2050. This will be based on four approaches:
* Minimising greenhouse gas (GHG) emissions associated with its production activities through innovation, and deploying new technologies to that end