U.K.-based specialty chemicals company Infineum recently released its third annual sustainability report. In the report, the company detailed its emissions intensity, which is 14.4% lower in 2022 from the level in 2018.
The chemical industry produced 925 million metric tons of carbon dioxide equivalent in 2022, according to the International Energy Agency. It is the largest industrial energy consumer and third-largest industry subsector in terms of direct CO2 emissions, the IEA says.
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