Here's an overview of the environmental measures taken by some of the global chemical manufacturing companies:
1. BASF:
- BASF has set reduction targets for greenhouse gas emissions by 2030 and 2050, including a 25% reduction in absolute Scope 1 and 2 emissions (compared to 2018) and a 15% reduction in Scope 3.1 emissions (compared to 2022). They aim to achieve net-zero greenhouse gas emissions by 2050.
- BASF focuses on reducing greenhouse gas emissions and the demand for fossil raw materials through the use of renewable energies, CO2 reduction measures, and circular economy approaches.
2. LyondellBasell:
- LyondellBasell is committed to adhering to the principles and requirements of Responsible Care and ISO 14001, striving to conduct business in a manner that protects the environment and the health and safety of employees, contractors, customers, and the public.
- They pledge to reduce emissions and waste generation, decrease the consumption of energy, raw materials, water, and other natural resources, and promote pollution prevention, circular economy, and climate change mitigation.
3. INEOS:
- INEOS is dedicated to reducing emissions, including through carbon capture, utilization, and storage (CCUS) technology. They have been capturing emissions at their plants in Belgium, France, and Germany for many years, reducing over 300,000 tons of CO2 annually, equivalent to the annual emissions of about 30,000 cars.
- INEOS also focuses on using alternative feedstocks, including recycled and bio-based materials, to reduce dependence on fossil fuels and decrease greenhouse gas emissions.
4. AkzoNobel:
- AkzoNobel concentrates on helping customers reduce energy consumption, improve efficiency, reduce waste, and enhance safety while also being more cost-effective through paint and coating innovations.
- They aim to halve their carbon emissions by 2030 and derive 50% of their revenue from sustainable solutions, achieve 100% circular use of materials, and provide new skills for over 100,000 people.
5. ExxonMobil Chemical:
- ExxonMobil is committed to creating sustainable solutions to improve the quality of life and meet society's evolving needs while protecting people, the environment, and the communities in which they operate.
- They support a more circular economy for plastics and help society address plastic waste challenges by converting plastic waste into valuable new products, extending the life cycle of plastics.
6. Formosa Plastics:
- Formosa Plastics is dedicated to reducing the environmental impact of their operations by continuously improving and reducing water usage, energy, emissions, and waste.
- They also focus on reducing emissions, improving energy efficiency, and developing a circular economy, including the development of post-consumer recycled (PCR) resin grades and more advanced operating units to recycle plastics and convert them back into virgin resins.
7. SABIC:
- SABIC has completed over 170 initiatives towards achieving sustainability goals, with a total investment of over $1.2 billion.
- Their strategy includes reducing energy intensity, material loss intensity, waste, and combustion emissions, and playing a leadership role in Saudi Arabia to mitigate risks associated with climate change.
These chemical manufacturing companies demonstrate their commitment and efforts towards environmental protection through various measures such as emission reduction, energy efficiency, use of renewable energy and raw materials, and promotion of a circular economy.
