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21. April 2021

Chemours: Net zero greenhouse gas emissions goal

On 15 April 2021, The Chemours Company announced its ambitious goal to achieve net zero greenhouse gas emissions by 2050. Chemours is driving to achieve a 60 % absolute reduction of operations-related greenhouse gas emissions by 2030, putting the company on the path to net zero greenhouse gas emissions by 2050. The company also announced the appointment of Sheryl Telford as Chief Sustainability Officer to lead its end-to-end sustainability effort.

According to Chemours president and chief executive officer Mark Vergnano: "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."

Chemours is using a holistic approach to address direct emissions from operations (Scope 1) and indirect emissions from electricity and other energy sources (Scope 2). To address Scope 1 emissions, the company will 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, Chemours will increase the amount of electricity and other energy generated from renewable sources. The company said it is also in the process of defining goals related to indirect emissions from its value chain (Scope 3) and will announce them at a later date. Achieving net zero greenhouse gas emissions will require significant collaboration in both the public and private sectors to deliver technological innovation and government policies that enable and incent the transition to a greener economy, said Chemours.

The company has a variety of product offerings that aid the fight against climate change. They include Opteon low global warming potential (GWP) refrigerants for mobile and stationary uses, Teflon fluoropolymers that are critical to emissions control, energy efficiency and the electrification of vehicles, and Ti-Pure titanium dioxide enables highly reflective surfaces to maximise use of electric or solar energy in applications such as photovoltaic backsheets and reflective films in electronics and maintaining surfaces cool for efficient and reduced energy consumption such as in roofing membranes and protective films. Another Chemours product, Nafion ion exchange membrane, is at the centre of the hydrogen economy. It enables the scalable production of hydrogen via electrolysis and use of hydrogen as a fuel source in heavy duty transport, passenger vehicles, and material handling.

Chemours is a specialist in Titanium Technologies, Thermal and Specialized Solutions, Advanced Performance Materials, and Chemical Solutions. The company has approximately 6,500 employees and 30 manufacturing sites serving approximately 3,300 customers in approximately 120 countries. Chemours is headquartered in Wilmington, DE, USA.

www.chemours.com

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