Climate change, Sustainability and ESG – how an evolving regulatory, investor and consumer landscape impacts the Chemicals sector.

About this presentation

Key themes:
– Evolving regulation will impact the chemical sector, driving better reporting but demanding significant amounts of data, and not just from EU entities.
o EU Corporate Sustainability Reporting Disclosure (CSRD), EU Sustainable Finance Disclosure Regulation (SFDR), EU (UK) Carbon Border Adjustment Mechanism (CBAM)
– Reporting frameworks and standards are being consolidated but what are the differences and what is most relevant.
o European Sustainability Reporting Standards, ISSB Sustainability Standards, GRI and TCFD
– Investor expectations are growing as is their need for sustainability data; equally improved access to finance is increasingly linked to sustainability performance.
o Investor disclosures, EU Taxonomy, SFDR, climate and sustainability indexed finance
– Net Zero targets are being set across all sectors, but the challenge to decarbonise is significant within the chemicals industry.
o Net Zero, Science Based Target Initiative Net Zero Standard and target setting, carbon accounting and decarbonisation challenges faced by sector.
– Climate resilience
o Businesses and whole sectors need to be Future Ready. Business models need to be resilient to a changing climate and a changing technological and societal landscape, and sector wide collaboration will be key to providing this resilience.