Bayer, Henkel, DSM, and Symrise are among 155 major global companies from across 34 sectors that have signed a joint statement to world leaders, calling on governments and policy-makers to align their efforts to recover from the coronavirus disease 2019 (COVID-19) pandemic with an ambition to reach net-zero emissions well before 2050.
“As countries work on economic aid and recovery packages in response to COVID-19, and as they prepare to submit enhanced national climate plans under the Paris Agreement, we are calling on governments to reimagine a better future grounded in bold climate action,” the companies say in the statement.
All the companies are members of the Science Based Targets initiative, a global partnership with the vision that by 2020 “science-based target setting will become standard business practice and corporations will play a major role in driving down global greenhouse gas emissions.”
They say that to realize their ambitions, they will continue to implement ambitious science-based targets to set the world on a 1.5°C trajectory, invest in recovery and resilience for a systemic socio-economic transformation, and advocate for enabling policies aligned with a 1.5°C trajectory and zero-carbon economy.
“If we work together, these efforts will help reduce vulnerability to future shocks and disasters, and build community resilience. A systemic shift to a zero-carbon and resilient economy is within our reach—our only future depends on making this vision a reality,” the companies say.
By: Sotirios Frantzanas
Source: Chemical Week
Italy’s Treasury has sold a 2.8% stake in oil and gas company Eni, raising approximately €1.4bn. Despite this reduction, the Italian Government will own a third of Eni, with a combined stake of more than 30% held between the Treasury and state lender Cassa Depositi e Prestiti, which owns another 28.5% stake.
Umicore announces the appointment of Bart Sap as Chief Executive Officer, effective May 16th. He will succeed Mathias Miedreich who has decided to step down, in mutual agreement with the Supervisory Board. Bart Sap joined Umicore in 2004 and has been the Executive Vice President Catalysis since March 2021.
Hungarian energy and petrochemicals group MOL has inaugurated its €1.3 billion polyol complex in Tiszaújváros, Hungary, with a capacity of around 200,000 t/y of polyol, a widely used plastic raw material. According to MOL, the commissioning is a significant milestone, as it is the only company in Hungary and Central and Eastern Europe that covers the entire value chain from crude oil processing to polyol production.
