In this Energy Voice podcast, Charlie Tan, CEO of the Global Impact Coalition shares his perspective on the importance of the chemicals industry and the role of collaboration in achieving the sustainable transition.
Securing commitments from companies, and their boards, makes it “a lot easier to be able to justify the business case, to secure the third party investment, to really understand the mechanisms of what you’re looking to do”, Tan said.
Talk of the energy transition and the need to decarbonise tends to focus on production, but the other side of the equation – demand – must not be forgotten.
Talking to Energy Voice Out Loud, on the new Road to ADIPEC series, Charlie Tan, CEO of the Global Impact Coalition (GIC) set out the importance of the chemicals industry. The GIC aims to help companies develop and spin-out sustainability projects in the chemicals sector.
“It’s the second highest emitter of CO2 in the world”, he said, noting that tackling its emissions would be “one of the key factors in helping the world reach its climate goals”.
Chemicals use hydrocarbons as both a source of heat and power, but also as a feedstock. Progress can be made on the latter via work on plastic circularity.
