Integrated Report 2020
Braskem
INTEGRATED
REPORT 2020
STRATEGIC PLANNING
A MESSAGE FROM THE BUSINESS LEADER
BRASKEM
CAPITAL PERFORMANCE
ABOUT THE REPORT
CREDITS
ŵ (34)
CARBON NEUTRAL GRI 103-2, 103-3 | 305
Climate change is one of the most urgent and import-
ant challenges we must face in the not-so-distant
future. Carbon neutrality is a core concept within the
strategy to reverse or at least mitigate the problem.
According to the IPCC (Intergovernmental Panel on
Climate Change), carbon neutrality is obtained when
the total amount of greenhouse gases emitted is equal
to the total amount removed on a global scale. Re-
ducing greenhouse gas (GHG) emissions can be done
by changing energy sources and industry processes,
compensating and/or capturing emissions.
The chemical industry is one of the major sources of
greenhouse gas emissions (GHE). On a global scale,
energy-intensive chemical production processes
release 1.5 billion tons of CO2 into the atmosphere,
according to the International Energy Agency.
We fully understand our impact in this respect and
have implemented several actions to foster energy
efficiency and expand the use of renewable energy
sources in order to achieve our goal of carbon neu-
trality by 2050. Our strategy to face climate change is
divided into three fronts.
STRATEGY TO ACHIEVE CARBON NEUTRALITY
In terms of reducing emissions, we are working on ex-
panding the use of renewable energy in our operations
while constantly improving our energy efficiency. As a
result, in the past 13 years, we have reduced the inten-
sity of our GHG emissions by around 17%. This effort
will help us achieve our intermediate target of reduc-
ing direct emissions (scopes 1 and 2) by 15%, from 10.8
million in 2019 to 9.2 million tons of CO₂e by 2030. GRI
305-5| SASB RT-CH-110a.2.
The second front is compensation, and it will go hand in
hand with the expansion of our activities in the renew-
able products market. We will increase our output of
Green Polyethylene with an additional 60,000 tons and
plan to diversify our portfolio with new solutions based
on renewable raw materials
CO2
Our goal is to reduce total
GHG emissions by 15%
until 2030 (from 10.8
million tons of CO in base
year 2019 to 9.2 million)
CARBON
NEUTRALITY
1
Reduction
2
Compensation
3
Capture
Reduce emissions
with a focus on energy
efficiency, as well as
increasing the use of
renewable energy in
current operations, es-
tablishing partnerships
aimed at innovation
and technology.
Compensation of
emissions with poten-
tial investments in the
production of chemi-
cals and polymers from
renewable sources.
Capture of carbon
emissions through
research and devel-
opment to use carbon
emissions as a raw
material.
+ Read
more
about
Natural Capital.
On the third front, our innovation teams are working
tirelessly to develop creative technologies to embed
carbon capture and use in our processes. Read more
about it in Intellectual Capital.
+ Read more about
Intellectual Capital.View entire presentation