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Perstorp, a Swedish chemicals company that produces raw materials for synthetic base stocks, announced it will set a science-based emission reduction target in line with the Paris Climate Agreement. The Paris Agreement aims to limit global warming to below 2 degrees Celsius above pre-industrial levels.
Anna Berggren, Perstorp’s vice president of sustainability, highlights the challenge for companies trying to reduce their environmental impact. How can chemicals and lubricants companies grow their business and reduce carbon emissions, while at the same time transition away from fossil-based raw materials and remain profitable?
The term “science based” refers to the Science Based Target initiative. It calculates what companies can do to reduce emissions in line with current climate science. Read more about the Science Based Target initiative in Sustainability InSite.
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