ICCA released new findings on pathways to climate neutrality in the global chemical industry

The ICCA's latest report highlights how the global chemical industry can reach climate neutrality by mid-century, aligning with the Paris Agreement.
Chiara Capodacqua,
EuChemS

The International Council of Chemical Associations (ICCA) has released a report titled Pathways for the Global Chemical Industry to Climate Neutrality, outlining how the sector can achieve climate neutrality by mid-century. This aligns with the ICCA’s commitment to the Paris Agreement, aiming to reduce emissions while continuing to supply essential products like those used in healthcare, transportation, and packaging.

The report identifies multiple pathways the chemical industry can pursue, emphasising the need for region-specific solutions. There is no one-size-fits-all approach, instead, a combination of strategies is required to reduce greenhouse gas emissions, particularly those stemming from energy-intensive processes and carbon-rich raw materials. These pathways include increased use of biomass, carbon capture and storage (CCS), and carbon capture and utilisation (CCU), alongside a shift toward recycling and sustainably sourced materials.

Key enabling factors highlighted in the report include improved plastic waste management, access to low-emission hydrogen, and the use of affordable, low-emission energy. Given that only 9% of plastic waste is currently recycled, increasing recycling rates and infrastructure is essential. Similarly, transitioning to low-emission hydrogen and enhancing carbon storage capacity will be crucial for the industry’s transformation.

The ICCA stresses that achieving climate neutrality will require innovative technologies, strong policy frameworks, and cross-sector collaboration. While the road to a climate-neutral chemical industry is complex, the report demonstrates that with the right strategies and enabling factors in place, the industry can contribute significantly to global climate goals, reducing emissions both within and beyond its value chain.

Know more about