Afton Chemical’s Post

Based on our analysis of rated chemical companies, we identify nine top credit risks related to decarbonizing chemicals. These risks cover technology risk, cost and financial risks, and disruptions to markets. How these risks manifest, and which are most important for any given company, will depend on the #decarbonization strategy they choose to deploy. Read our research article published in #SustainabilityQuarterly Third-Quarter 2023 Edition - The global effort to address #climatechange - https://lnkd.in/eFzN5z3p

Do you struggle with manging and decreasing #GHG #emissions in your supply chain? EcoVadis and our Carbon Action Module will definitely help you. It's confirmed now! 🎉

Genexis discloses its carbon footprint via CDP 🌿 Have you also considered disclosing like 23,000+ other companies? We’re excited to share a highlight from our recently published Sustainability Report, marking a significant milestone in our commitment to environmental responsibility. Last year, Genexis embarked on its journey with the Carbon Disclosure Project (CDP). Our CDP submission has provided a valuable progress benchmark, earning us an industry-average C-score. While our 2023 disclosure was a good starting point, we recognized risks and opportunities that will drive continuous improvement. In 2024, our focus will be on enhancing our carbon disclosure practices and elevating our score. This commitment reflects our dedication to transparency and accountability in our pursuit of carbon neutrality and helps us get ahead of regulation. Stay tuned as we continue to drive progress for a sustainable future. 🌍 #Sustainability #CarbonNeutrality #CDP #Environment #Genexis #ClimateChange

🌍🌱 Exciting discussion at yesterday's ClimatePartner presentation on supply chain decarbonization! Thank you Oria Cézanne Palmer and Luca Bisio, REnvP 🙏🏻 🌱🌍 In an era where sustainability is paramount, it was refreshing to hear Oria Cézanne Palmer's candid comments about the reality of supplier engagement in climate action. Reality check: Not all companies are equally committed to reducing their carbon footprint. That's why, if we are serious about climate action, it's crucial to have a well-defined plan for tackling Scope 3 emissions and engaging with our suppliers. 💡 Here are my key takeaways from the presentation: 🔑 Holistic Approach: To achieve meaningful progress in reducing carbon emissions, a holistic approach that considers both direct (Scope 1 and 2) *and* indirect (Scope 3) emissions is essential. Ignoring Scope 3 emissions, which often stem from the supply chain, can undermine sustainability efforts. 🔑 Supplier Engagement: The reality of corporate climate action along the supply chain emphasizes the importance of engaging suppliers. Not all suppliers may initially prioritize climate action, but collaboration, incentives, and education can foster a collective commitment to sustainability. 🔑 Guarantees of Origin: Guarantees of origin can be a valuable tool in reducing Scope 3 emissions. They provide a mechanism for organizations to invest in renewable energy projects on behalf of their suppliers. This approach helps offset emissions but should be part of a broader sustainability strategy. 🔑 Transparency and Traceability: When purchasing guarantees of origin, transparency and traceability are critical. Ensure that the certificates are from reputable sources and accurately represent emissions reductions. Verification and due diligence are key. Feel free to connect with me to discuss these insights further and explore innovative ways to reduce our carbon footprint in the supply chain. #SupplyChainDecarbonization #ClimateAction #Sustainability #Scope3Emissions #SupplierEngagement #GuaranteesOfOrigin #EnvironmentalSustainability

Based on S&P Global Ratings' analysis of rated chemical companies, it identified nine top credit risks related to decarbonizing chemicals. These risks cover technology risk, cost and financial risks and disruptions to markets. How these risks manifest, and which are most important for any given company, will depend on the decarbonization strategy they choose to deploy. Read the research article published in #SustainabilityQuarterly Third-Quarter 2023 Edition: https://ow.ly/TzfW50PW71Y

🌲 Pioneering Carbon Neutrality: The Vital Role of Bio-based Industries 🌲 As the world grapples with climate change, the impending certification framework for carbon removals emerges as a beacon of hope and innovation. This framework provides an unparalleled opportunity for policymakers and bio-based industries to collaboratively unlock new pathways towards sustainable futures. Join our esteemed panel to unravel this topic:  🔸 Maija Pohjakallio - Vice President, Climate and Circular Economy at Metsä Group.  🔸 Catharina Hohenthal - Director, Life Cycle Services, Sustainability at Stora Enso.  🔸 Christian Holzleitner - Head of Unit, Land Use and Finance for Innovation, at the European Commission.  🔸 Flore Gonsolin - Director of Industrial Transformation Projects at Cefic - European Chemical Industry Council.  🔸 Małgosia Rybak (she/her) & Margherita Miceli - Climate Change and Energy Director & Forest Policy Manager respectively at Cepi. Together, they will delve into the nuances of the upcoming legislation, shedding light on diverse carbon removal activities. The session aims to pave the way for a transparent, credible, and economically viable approach to reach the ambitious goal of carbon neutrality by 2050. 🔗 Join us on this enlightening journey to understand and contribute to the shaping of our carbon-neutral future: https://bit.ly/3QqHem3 #PaperAndBeyond2023 

INSIGHTS ARTICLE: Topolytics - The importance of waste in ESG reporting https://hubs.li/Q026QJ8m0

It's #NetZeroWeek ♻️. Oklin champions initiatives to achieve net zero emissions, which sits at the core of our business. There are many ways to get involved, from supporting sustainable businesses to making eco-conscious choices in your everyday life. One of our core aims is to help customers reach their own net zero targets by supplying them with composters that eliminate methane from compostable materials. Methane is responsible for around 30% of the current rise in global temperature ♨️. #netzero #climatechange #compost https://loom.ly/i2mmHe8

Queue highlights from our first ESG report! 🎬 The ‘E‘ in ESG stands for Environmental. This showcases how we are committed to the long-term health of our entire ecosystem. Sylvamo depends on a sustainable supply of fiber, water and energy to make our products. If you want to read more from #TheWorldsPaperCo’s inaugural ESG report, click the link below. https://bit.ly/3LYUWtE

INSIGHTS ARTICLE: Topolytics - The importance of waste in ESG reporting https://hubs.li/Q026QJ8n0