PODCAST: Chemicals must stay on low carbon track despite current crises

BARCELONA (ICIS)–The global chemical industry must remain committed to the net zero agenda, and not be distracted by current macroeconomic and geopolitical crises.

• Short-term focus on survival should not distract from long-term climate aims
• Climate emergency means low carbon industry is vital
• Scope 3 emissions – from suppliers and customers – typically account for up to 80% of chemicals emissions
• Scope 1 are emissions produced by a company, Scope 2 emissions through the energy used in production
• Very difficult to measure Scope 3 because of data quality, granularity
• Global economy is changing, supporting low carbon, service-based growth models

In this Think Tank podcast, Will Beacham interviews Arne Kätelhön, co-founder and CEO of Carbon Minds, ICIS senior consultant Asia John Richardson and Paul Hodges, chairman of New Normal Consulting.

For more information on Supplier Carbon Footprints launched by ICIS in partnership with Carbon Minds, click here.

Editor’s note: This podcast is an opinion piece. The views expressed are those of the presenter and interviewees, and do not necessarily represent those of ICIS.

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Read the latest issue of ICIS Chemical Business.

Read Paul Hodges and John Richardson’s ICIS blogs.