Reduce its total greenhouse gas emissions (including Scope 1, 2, 3 upstream) and the carbon footprint of its products by 50% by 2030, from a 2016 baseline
Use 100% renewable electricity in all production plants by 2025 (was 70% in 2020)
Achieving Net Zero Scope 1 and 2 greenhouse gas emissions by 2040 on the way to Net Zero across all value chains by 2050
Dsm Engineering Materials has a long track record of developing science-based and scalable solutions that enable customers to navigate the challenges and opportunities of sustainability and to drive their market relevance by futureproofing their portfolios. By working with its strategic suppliers to raise the bar of its sustainability ambitions, Dsm Engineering Materials is further differentiating its approach from its industry peers, who often limit greenhouse gas emissions to Scope 1 and 2 only.
Today’s announcements align with and reinforce Dsm Engineering Material’s wider sustainability roadmap. In June, Dsm announced it has successfully halved the carbon footprint of Akulon PA6, and is also developing greenhouse gas reduction roadmaps for Stanyl PA46 and Arnitel TPC. In its drive toward 100% renewable electricity, Dsm Engineering Materials plants in Europe and China are already fully powered by renewable electricity. In addition, Dsm Engineering Materials has committed to developing and rolling out bio- and/or recycled-based alternatives for its entire portfolio by 2030; specific grades are already available for all major product lines.
Overall, all these initiatives – including the move toward bio- and recycled-based alternatives – will help Dsm Engineering Materials to achieve Net Zero greenhouse gas emissions (of direct production and via renewable electricity) by 2040 on the journey to Net Zero across all value chains by 2050.
To enable full value chain transparency for its customers, the carbon footprint data of all main grades based on supplier input and regionally validated, are available to all relevant customers in Dsm Engineering Materials’ downstream value chain.
Bert Havenith, Sustainability Director at Dsm Engineering Materials: “By working shoulder to shoulder with our upstream and downstream partners, we are opening new sustainable horizons for our industry. Thanks to our strong commitment to transparency, and by developing detailed impact reduction roadmaps for all our major grades, our customers are now – more than ever – able to look ahead and seize the opportunities to achieve their sustainability targets.”
Roeland Polet, COO Dsm Materials: “Once again, Dsm Engineering Materials is leading our industry toward a more sustainable future, in which our high-performance materials enable a high quality of life for millions of people around the world with the lowest possible environmental impact. Together with our suppliers, partners, and customers, we will continue to shape a low-carbon economy and a better world for more people.”
For more details: www.dsm.com