Monday 19 April 2021

Chemicals company Chemours targets net zero emissions by 2050

The Chemours Company has announced its ambitious goal to achieve net zero greenhouse gas emissions by 2050.

In the short term, the chemicals firm aims to achieve a 60% absolute reduction in greenhouse gas emissions across its operations by 2030.

To address Scope 1 emissions, the company intends to continue to enhance emissions control technologies at its manufacturing sites and drive energy efficiency improvements across its operations, reducing the volume of greenhouse gas emissions and energy use.

To address Scope 2 emissions, it will increase the amount of electricity and other energy generated from renewable sources.

Chemours is also in the process of defining goals related to indirect emissions from its value chain - i.e. Scope 3 emissions – and plans to announce them at a later date.

Mark Vergnano, Chemours President and Chief Executive Officer said: “Businesses like Chemours have an opportunity to help build a more sustainable future. Our more ambitious greenhouse gas emission goal, along with our other Corporate Responsibility Commitments, reflect our strategy to grow our business responsibly and sustainably. It's good for business and good for the planet.”