On our path to a climate neutral world. Fully circular. Fully committed.
Completing our strategy to climate neutrality
Our commitment to embracing the Circular Economy is profound. This journey involves setting ambitious goals focussing at reducing emissions across multiple fronts. By 2035 we want to achieve operational climate neutrality for scope 1 and 2. By 2050 we want to achieve climate neutrality as a crucial milestone along this path for our scope 3 emissions. It contains encompassing our production processes (scope 1), purchased energy sources (scope 2), and those of our supply and value chains (scope 3) – which is completing our strategy for climate neutrality by 2050!
What does this mean in concrete?
Guided by pragmatic milestones, we're steadily reducing our carbon footprint. From cutting direct emissions to offsetting indirect ones, we're advancing sustainability in the chemical industry, step by step.
To advance our transition towards sustainable energy (Scope 2) and ensure efficient energy supply to our global production facilities, we will strengthen partnerships with energy suppliers through innovative models of cooperation. This collaborative approach aims to facilitate the adoption of renewable energy sources, contributing to our journey towards net zero emissions and a reduced CO₂ footprint.
We are already continuously expanding our portfolio of climate neutral products in our sector. Flagship examples include the world first climate neutral polycarbonate, manufactured using raw materials from mass-balanced biowaste and residual materials as well as renewable energy.
With our commitment to sustainability, we unveiled climate-neutral MDI (methylene diphenyl diisocyanate) within our product portfolio in 2022.It is used in large quantities worldwide as a raw material for the production of rigid polyurethane (PU) foam, a highly effective insulating material for buildings and refrigeration appliances. The new MDI grades are climate neutral from cradle to factory gate, thanks to the use of precursors derived from ISCC Plus-certified mass-balanced biowaste and residual materials. We introduced climate-neutral MDI into its product range in 2022.
In the long term, we want to offer a climate-neutral version of all of our products. We use alternative raw materials and energy sources as well as unique, newly developed technologies for our CQ solutions CQ stands for Circular Intelligence, a smarter approach to using more sustainable materials and technologies. Currently, all CQ materials consist of at least 25% alternative, non-fossil raw materials. Technologies under the CQ label, such as Evocycle® CQ, also prove that closed cycles are already possible today.
Key benefits
- Climate neutrality by 2050 for scope 1, scope 2 and scope 3
- Reduce greenhouse gas emissions by -60% by 2030 for scope 1 and 2
- Reduce greenhouse gas emissions for scope 3 of -30% by 2035
- Every product in a climate neutral version
- Reduction target anchored in management system