Materials producer Arkema SA has announced a new climate plan, aligned with the Paris Agreement, to reduce its carbon footprint.
The Paris Agreement calls for measures that will keep any rise in the global temperature this century to remain "well below 2º Celsius above pre-industrial levels and efforts will be pursued to limit the temperature increase even further to 1.5º Celsius."
To help reach that goal, Arkema Group, based in Colombes, France, said in a Feb. 25 statement that it has launched a move to reduce its absolute greenhouse gas (GHG) emissions by 38 percent in 2030, compared to 2015. The company acknowledges that the plan is an ambitious one. For it to succeed, the impact of GHG emissions will, more than ever, figure as a dominant factor in the company's every decision, "whether for industrial investments, energy supply contracts or acquisition projects," Chairman and CEO Thierry Le Hénaff said.
"We're calling on each of our business lines to contribute to this reduction," he added.