Addressing Climate Change

Addressing climate change is one of the greatest challenges our world is facing. We recognize its urgency and have accelerated our efforts and enhanced our goals in support of the Paris Agreement which aims to limit climate change by achieving net zero for global greenhouse gas (GHG) emissions by mid-century. We are committed to doing our part and recognize that achieving this objective will require collaboration and collective action amongst industry, policymakers and all parts of society.

 

   

 

How We'll Do It

  • Integrate proven solutions to use fossil fuels more efficiently, optimize our fuel mix, minimize flaring and improve the efficiency of our manufacturing processes

  • Increase our use of renewable energy primarily through power purchase agreements

  • Accelerate the scale up and deployment of breakthrough technologies that will decarbonize chemical processes to net zero by 2050 through collaboration

  • Continue to integrate climate change and decarbonization into our business processes and strategy

  • Engage with governments and industry peers to support effective policies to help achieve the goals of the Paris Agreement and our global climate ambitions

 

Goals

  • Achieve net zero greenhouse gas emissions from our global operations by 2050
  • Reduce absolute scope 1 and 2 greenhouse gas emissions by 42% by 2030
  • Reduce absolute scope 3 greenhouse gas emissions by 30% by 2030
  • Procure a minimum of 50% of electricity from renewable sources by 2030

 

Read more in our 2021 Sustainability Report