Reports & Commentary - Chemicals

Linde sees 2035 reduction targets approved by SBTi

Linde, one of the world's largest industrial gas producers, has pledged to reduce its Scope 1 and 2 emissions by 35% by 2035.

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$1.6t investor coalition pushes chemicals sector on net-zero

Responsible investment group ShareAction pushed for the decarbonisation of the production of chemicals by 2050.

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Solvay announces new scope 3 reduction target

The Belgian firm aims to reduce its GHG emissions by 24% by 2030, adding onto the firm's existing Scope 1 and 2 reduction target of 30% by 2030.

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Westlake sets Scope 1 and 2 emissions goal by 2030

Westlake Corporation announced its target to reduce Scope 1 and Scope 2 emissions per ton of production by 20% by 2030.

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Chemical companies accused of greenwashing

Chemical companies around the world are actively marketing their greener, more sustainable products, whilst holding back details on the mass production of hazardous chemicals.

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Alpek sets net zero target

Alpek, one of the largest producers of polyethylene terephthalate (PET), said it will eliminate net greenhouse gas emissions from its global operations by 2050.

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LyondellBasell sets net zero goal by 2050

As an interim step, the company also announced a strategy to achieve an absolute reduction of 30 percent in scope 1 and scope 2 emissions by 2030.

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Clorox to reach net zero by 2050

By 2030, Clorox aims to reduce carbon emissions across its operations by 50%, among other interim targets.

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Clorox to reach net zero by 2050

By 2030, Clorox aims to reduce carbon emissions across its operations by 50%, among other interim targets.

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Cabot executes $1b sustainability-linked credit facility

Cabot has replaced its existing $1b unsecured revolving credit agreement while adding a sustainability-linked pricing mechanism to the new agreement.

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Johnson Matthey announces net zero by 2040

Chemicals and sustainable technology company Johnson Matthey announced a commitment to be net zero by 2040, among others.

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JBS, Pfizer, others join Business Ambition for 1.5°C

New Business Ambition for 1.5°C campaign signees include: Kenya Electricity Generating Company (electricity-Kenya), Yum China Holdings (restaurants-China), JBS (meat processing-Brazil), Vistra (electricity-US), Boehringer Ingelheim (pharameuticals-US), Pfizer (pharameuticals-US), Corteva Agriscience (chemicals-US), …

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