INEOS receives gold sustainability score

The overall rating puts INEOS into the top 8% of companies in the sector demonstrating an advanced management system in terms of environment issues, ethics, labour and human rights, and sustainable procurement.

In a statement, INEOS notes that it scored particularly well on its environmental performance. In this category, it was placed it into the top 6% of companies in the sector. This environmental performance rating reflects INEOS' commitment to pursue science-based greenhouse gas emission reduction targets, where INEOS roadmaps to net zero focus on switching to green power and clean fuels, capturing CO₂ and switching to recycled or bio-feedstock. INEOS is also committed to reducing plastic waste, as demonstrated in its pledge to a new circular approach to plastics production.

INEOS continues to work together with leading companies along the value chain to explore innovative recycling technologies and new feedstocks to produce new polymers that contain high levels of recycled plastic. The company has set itself challenging targets to reduce plastics going to landfill and returning post-consumer plastics waste into high-quality products by 2025 and 2030.

Greet Van Eetvelde. Global Head of Climate, Energy & Innovation at INEOS said: “The gold rating by EcoVadis confirms a strong position in the industry based on our sustainability objectives and performance. It reflects our commitment to continuous improvement as we progress our long-term sustainability goals."

Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/23122022/ineos-receives-gold-sustainability-score/