We are committed to contributing to decarbonisation objectives in the short, medium and long term, promoting the development of chemistry from renewables and the identification of certified and sustainable feedstock supply alternatives. We are focused on progressively increasing research and development activities dedicated to decarbonisation and implementing solutions to reduce energy impact and improve plant production continuity.
Corporate Carbon Footprint and the Actions Taken
Activities for the definition of our decarbonisation plan (Corporate Carbon Footprint) aimed at managing climate change risks result in :
- quantifying the rganization’s
- setting short, medium and long term reduction objectives
- assessing objectives achievement
- identifying carbon-relevant suppliers to accompany us on the decarbonisation journey
- identifying the main emission contributions and prioritising emission reduction measures
Our decarbonisation activities
We are committed to achieving energy transition through activities ranging from energy efficiency to reducing greenhouse gas emissions and developing low-carbon technologies. To meet global challenges, we have also implemented initiatives and projects to develop chemistry from renewables and in the area of circularity.
Since 2011, we have implemented projects and initiatives to achieve energy efficiency in processes while minimising greenhouse gas emissions.
Energy efficiency aims at making all businesses sustainable by reducing emissions and is one of the pillars of the current energy transition.
We welcome new opportunities to improve energy performance and assess the possibilities of controlling and modifying existing projects to obtain a significant effect on energy performance, monitoring the results achieved through the relevant management systems.
Cracker of the Future
In 2021 Versalis joined "Cracker of the Future", a consortium that aims at accelerating the development of an innovative technology for the electrification of the steam-cracking process. Steam-cracking is currently one most impactful processes in terms of emissions in the chemical industry. This new technology will allow a substantial reduction in greenhouse gas emissions.
Constituted with the other chemical companies that have joined it, the consortium covers approximately 1/3 of the EU's steam-cracking capacity.
We are committed to developing circular solutions which avoid, on the one hand, the emissions related to the use of virgin raw materials, by reusing resources already in the value chain and, on the other hand, those associated with traditional disposal processes, promoting their reintroduction into the production cycle and generating climatic and environmental benefits along the entire value chain.
To learn more, visit Circular Economy.
Chemistry from renewables
We are committed to strengthening our competitive positioning in the renewable chemicals sector by developing integrated technological platforms using lignocellulosic biomasses, vegetable oils and/or sugars as raw materials. This guideline is fundamental since it is capable to contribute to carbon neutrality objectives in the long term and concretely face global climate challenges.
To find out more, visit Chemistry from renewables.
The carbon footprint of products
We carry out life cycle assessments of our products both in-house and in collaboration with industry associations. In addition, we have Life Cycle Assessments (LCA) available for new projects concerning, for example, chemical recycling, and/or new products, such as the Versalis Revive® product range.
The standards applied are the ISO standards (e.g. 14044), the PEF (Product Environmental Footprint) recommendation or, if present, EPD (Environmental Product Declaration) schemes.
Internally conducted LCAs are then subject to critical review by an external, independent certification body.
Furthermore, on a voluntary basis, for the Balance® range, we decided to complement the ISCC PLUS certification with Add-on 205-01 through the development of a calculation tool to assess the carbon footprint.
The Balance® product range, made from alternative raw materials, provides environmental benefits in the form of reduced or nil greenhouse gas emissions during the product life cycle.
Some insights on carbon neutrality