Specialty chemicals company Infineum says it will spend U.S. $20 million per year until 2033 on carbon reduction efforts across its global operations. The company plans to spend the money on capital improvements to manufacturing facilities to optimise production and cut emissions. The announcement came after the company published its third annual sustainability report.
The company is aiming for net zero Scope 1 and 2 emissions from its owned and operated assets by 2050.
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