This session, hosted at the Ice Village in Davos 2024, brought together experts, thought leaders, and practitioners from the chemical industry and beyond to explore the synergies that can transform our world. Building on work from the newly launched Global Impact Coalition, the session explored the role of innovative business models, regulatory engagement, and cross-industry collaboration to foster a new era of sustainable and realistic solutions for a Net Zero and circular future for the chemical industry.
Speakers include:
- Host: Stefan Koch, Head of Chemicals, WEF
- Moderator: Bob Maughon, former CTSO, SABIC
- Matthias Tauber, MDP & EMESA Regional Chair, Boston Consulting Group
- Rich Powell, Chief Executive Officer, ClearPath Inc
- Andrea Brown, Chief Sustainability Officer, LyondellBasell
- Gökhan Eyigün, Strategy and Business Development President, Sabanci Group
In this session, the moderator presents an overview of the Global Impact Coalition’s mission to foster value creation through trust and collaboration within the chemical industry and its value chain partners. Panellists delve into the cultivation of trust across the value chain and identify gaps in the current “industry operating model” delaying the achievement of net-zero commitments by 2050.
The session explores the potential of forging new and perhaps unconventional partnerships to drive the chemical industry towards a more sustainable and resilient future with lower carbon emissions, examining the existing challenges. Emphasis is placed on understanding how coalitions like the Global Impact Coalition can serve as a platform to gather industry best practices, define collaborative models across the value chain, and facilitate tangible actions.
