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SABIC Finds Profit in Good Practice
SABIC Finds Profit in Good Practice
Published 02-08-17
Submitted by Ethical Performance
The Saudi Arabian Basic Industries Corporation (SABIC) cuts carbon emissions by recycle CO2. Miranda Ingram reports…
Global petrochemical giant SABIC is celebrating its large-scale circular economy initiative whereby waste CO2 that used to vent into the atmosphere is now being converted into feedstock for the company’s manufacturing facilities. This drastically cuts carbon emissions and reduces the purchase of natural gas. The initiative is both an environmental and a financial triumph.
“SABIC has been a sustainable company since its foundation by turning excess gas into useful products,” said Corporate Sustainability Director Gretchen Govoni, “but our sustainability function began in 2008, when we started examining our energy and water usage and greenhouse-gas emissions. As we collected and analysed our data it became apparent that our biggest opportunity to make a difference was not in cutting traditional hazardous waste but in tackling our carbon emissions.”
SABIC’s dedication to sustainable innovation is ‘Chemistry that Matters'™ to the environment and future generations.
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Ethical Performance
Ethical Performance
Since 1999 Ethical Performance has been working with and providing news to those who are responsible for leading CSR and sustainability practice and those who need to understand, learn and be influenced by that practice. Our network covers a wide range of industries and organisation types around the world.
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