Braskem reaffirms commitment to the circular economy to neutralize carbon emissions by 2050

12 November 2020

Largest producer of thermoplastic resins in the Americas and a world leader in the production of biopolymers, Braskem announces the expansion of its efforts to become a carbon neutral company by 2050. To achieve carbon neutrality, the company's strategy will focus on three fronts performance: (I) reducing emissions with a focus on energy efficiency, as well as increasing the use of renewable energy in current operations, establishing partnerships aimed at innovation and technology; (II) offsetting emissions with potential investments in the production of chemicals and polymers from renewable sources; (III) capturing carbon emissions through research and development for use as a raw material.

Among the defined goals, the company intends, by 2030, to reduce greenhouse gas emissions by 15% and expand its I'm greenT portfolio, which considers products with a focus on circular economy, to include, by 2025, 300 thousand tons of thermoplastic resins and chemicals with recycled content; reaching 1 million tons of these products by 2030. In addition, it will work so that in the next ten years there will be an adequate disposal of 1.5 million tons of plastic waste.

Braskem's global commitment to becoming carbon neutral and eliminating the inappropriate disposal of plastic waste in the coming decades shows that the company stands as co-responsible in the face of the challenge of preventing and combating climate change. "Braskem has a long history of taking actions to create a more sustainable world. We have invested in renewable sources since our foundation in 2002 and, as pioneers and leaders in the production of biopolymers, we have been at the forefront of creating positive changes. that impact people, society and the environment. We intend to remain in the lead at a time when the industry is moving towards a circular carbon neutral economy. With the sustainable development actions we announced today, we hope to achieve carbon neutrality by 2050 ", points out Roberto Simões,

The commitment to the circular carbon neutral economy is the result of the evolution of the company that has been in business for more than ten years, adopting policies and goals for this purpose, in which resources are no longer just explored and discarded but are reused in a new cycle. At the end of 2019, Braskem had already reached 70% of the targets related to the theme - outlined in 2009 and revisited in 2013 -, achieving results such as a 20% reduction in the intensity of greenhouse gas emissions; the feasibility of the largest industrial reuse water project in the southern hemisphere; the production and commercialization of products and renewable sources, such as plastic made from sugar cane and, subsequently, in the expansion of the portfolio of products for circular economy,

 Braskem's initiatives for the coming decades are aligned with the 2030 Agenda of the United Nations (UN), its 17 Sustainable Development Goals, and with the Paris Agreement to control the impacts of climate change.

"Our business purpose is to improve people's lives by creating sustainable chemical and plastic solutions and, by expanding our efforts to achieve these goals, we will also be able to further enrich the debate on the importance of plastic, especially for the sustainable development of the We will continue to expand our partnerships with customers, suppliers and society, in the search for the engagement of other companies in the cause and, together, we will build a better world ", says Jorge Soto, director of Sustainable Development at Braskem. 

Climate changes

Braskem will continue to focus on its energy efficiency projects and increasing the use of renewable energy with the aim of reducing greenhouse gas emissions by 15% by 2030. Currently, 43% of Braskem's total energy consumption in Brazil has already it comes from a renewable source. The company recently announced the signing of another long-term contract for the purchase of solar energy for the next 20 years, which should avoid the emission of 500,000 tons of CO 2 into the atmosphere over the next two decades.

In addition, the company will continue its efforts in analyzing investments for the development of chemicals and polymers from renewable sources or in technologies that allow Braskem to achieve carbon neutrality by 2050.

It is worth mentioning that the renewable polyethylene, produced by Braskem from sugar cane and on an industrial scale since 2010, captures up to 3.09 tons of CO 2 per ton produced and was recognized by the Economic Commission for Latin America and the Caribbean (ECLAC) of the United Nations (UN) and the Global Compact Brazil Network as one of the most transformative cases in sustainable development in Brazil.

Plastic waste

Braskem intends to expand its I'm greenT portfolio with the objective of including, by 2025, 300 thousand tons of thermoplastic resins and chemicals with recycled content; and, by 2030, 1 million tons of these products.

Currently, Braskem has in its portfolio products of thermoplastic resins with recycled content and with the same properties, quality and safety as materials made with virgin plastic. These resins with recycled content are used in various sectors such as footwear, furniture, household items and the packaging segment, among others.

Understanding that partnerships with the main stakeholders are a strong instrument for the management of plastic waste, Braskem also intends to work to provide an appropriate destination of 1.5 million tons of plastic waste by 2030. One of the company's most recent partnerships was announced in October, with Tecipar, a Brazilian company specialized in environmental engineering, to prevent more than 2 thousand tons of household plastic waste from being dumped annually at the Santana de Parnaíba landfill, in the metropolitan region of São Paulo. The volume is equivalent to 36 million plastic packages made of polyethylene and polypropylene and will be used as raw material for the development of more sustainable solutions for the plastic industry.

Learn more about Braskem's initiatives

Get to know Braskem's manifesto at .

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CDN Comunicação 

Jessyca Thunder - (55 11) 3643-2769 - [email protected]

Karina Alves - (55 11) 3643-2981 - [email protected]

Fábio Souza - (55 11) 3643-2813 - [email protected]

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