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Climate

To achieve transition to a net zero economy, we are taking concrete actions to create meaningful and measurable near and long-term reductions in our climate footprint, whilst at the same time positioning ourselves to take advantage of new opportunities offered by the evolving markets:

  • Continuous optimisation of current operations
  • Acquisition or renewable energy sources to run our operations
  • Development of clean hydrogen as fuel
  • Capture and Use or storage of Carbon Dioxide off-gas
  • Development of new recycling technologies to produce polymer products containing recycled plastic.
  • Investment in new assets to create step change in emissions
  • Use of bio-based feedstocks instead of hydrocarbon feedstocks

Specific projects vary depending on business type and location. A summary of these actions and some of the associated benefits are set out below.

ACTIONS STATUS /EXAMPLES
Continuous optimisation of current operations Target of 10% reduction in emissions compared to 2019 by 2025
Acquisition or renewable energy sources to run our operations 140 MW of wind power purchased in 2020 equivalent to 2 million tonnes reduction over the next 10 years, or 1% annual emissions reduction. Read More.
Development of clean hydrogen as fuel New dedicated clean hydrogen business established to target substantial investment in clean hydrogen within five years. Hydrogen to be used as a fuel for transport and power. Read More.
Carbon Capture and Use or Storage

A demonstration scale project to convert carbon dioxide into methanol using hydrogen is underway at Antwerp. Read More. Project to store carbon dioxide from Denmark in INEOS’s Siri field in the North Sea.

Use of bio-based feedstocks instead of hydrocarbon feedstocks

Biomass derived from residue from the manufacture of wood pulp is being used to make bio- olefins in Koln cracker used in Biovyn™, world’s first accredited bioderived PVC and Recycl-IN. These new product ranges achieve 90% GHG savings. Read More.

Development of new recycling technologies to produce polymer products containing recycled plastic.

New Styrenics and Polyolefin products launched containing 50% or more recycled material have been launched.

The expansion of recycling range of products

Styrenics demonstrates mechanically recycled polystyrene suitable for food contact

Investment in new assets to create step change in emissions

Key example: proposed Project 1 cracker will reduce emissions associated with over 1m tonnes of product by over 50%. Read More.

These actions are also captured within roadmaps under development for each business and site. For example, we recently announced that at Antwerp we have in place a roadmap for emissions reduction that will outpace EU requirements. Read More. 

We report our green-house gas (GHG) emissions both internally and externally on an annual basis according to internationally recognised standards to track progress.

Energy Efficiency

Continuous improvement in energy efficiency and reduction of carbon emissions is in our "DNA". It makes for a cleaner environment, reduces our...

Alternative Energy Sources

INEOS actively participates in innovation projects with focus on fuel and feedstock switches to save energy and carbon emissions. Also the...

Carbon Capture Storage & Use

Although the vision of INEOS is to cut emissions at source, we recognise that carbon capture and storage or use will still be an important way of...

Climate & Energy Network

A group-wide Climate and Energy Network (CEN)  operates across INEOS to share data and best practice on climate and energy matters. The network...