Roadmaps are now being drawn up at every INEOS site. How the various businesses plan their route to net-zero may be different, but the end goal will be the same: to drastically cut CO2 emissions by 2030 and 2050. “Our aim is to draw up realistic roadmaps and set achievable targets based on input from each business,” said Greet Van Eetvelde, INEOS’ global head of energy and innovation.
The roadmaps, which will lead to business investment plans, will help each business to identify areas for improvement and will be regularly updated.
Most of INEOS’ sites, although energy-intensive, are already highly efficient.
Focusing on that alone will not bring the company – or the environment – any real big gains.
But switching fuels, using recycled or renewable raw materials or investing in carbon capture and storage could do.
"Having a solid, science-based method to draw reduction pathways and ultimately set emission targets that are achievable is how INEOS does business," said Hür Bütün, environmental data manager at INEOS who has been working on the carbon footprints of each site and the roadmaps.
"It leads our transition into a climate and resource neutral economy.”
INEOS’ plants in the Port of Antwerp were the first to adopt a roadmap.
Their goal is to stay ahead of EU climate targets as part of the transition to a net-zero economy.
“It is a dynamic document,” said Greet.
The Antwerp roadmap – pulled together with help from Matthias Schnellmann – involve sourcing green power, capturing CO2 for use, optimising processes, switching to outsourced, cleaner heat and investing in electrification.
Other INEOS businesses are also making progress – and devising their own roadmaps to best suit their business’ set-up.
“We know that a one-size-fits-all approach will not work,” said Greet. “But we have pockets of excellence so we can share best practice.”
INEOS O&P has already started to reduce its dependence on gas and oil by using waste plastic to make a new range of plastics that have been hailed as ground-breaking.
And some of its energy-intensive sites in Belgium are now being powered by renewable electricity instead of fossil fuels – a move that will cut INEOS’ emissions by 1.9 million tonnes of CO2 every year.
INEOS Phenol in Antwerp believes it has the potential to halve its emissions by 2030 compared to 2019, by sourcing clean power, using more hydrogen and steam, and finding a customer for residue it normally burns.
Each business is using the INEOS science base to calculate their current emissions and set out their future reductions.
Ultimately, though, the company will be working with the Science Based Targets initiative (SBTi) to validate the emission reduction in line with climate science.
“These targets provide companies with a clearly defined path to reduce emissions in line with the Paris Agreement goals,” said a spokesman for Science Based Targets.