The chemical industry stands at a crossroads. Responsible for around two billion tonnes of carbon dioxide emissions annually – more than double global aviation – its products underpin 95% of manufactured goods.
Yet, its environmental footprint is immense. Tackling this challenge requires a radical shift not only in technology but also in how the sector collaborates and innovates. At the heart of this transformation is the Global Impact Coalition (GIC), a CEO-led platform uniting chemical industry giants and innovators to drive systemic change.
Meet the Global Impact Coalition:
Originally incubated at the World Economic Forum, the GIC relaunched as an independent entity in November 2023. The move signalled a renewed commitment to sustainable solutions and low-carbon technologies, with GIC acting as a catalyst for industry-wide cooperation.
“Our mission is to accelerate the transition by fostering collaboration across the value chain, developing and scaling innovative technologies, and establishing new business models that reduce emissions and enhance circularity,” explains Charlie Tan, CEO of GIC.
