In the best case scenario, BASF is expected to align with a 2°C pathway by 2030. The company’s pathway to 2030 is now better evidenced, supported by tangible actions in renewable sourcing, efficiency, and pilot-scale low-carbon technologies. However, reliance on post-2030 technological deployment, weak Scope 3.1 targets with incomplete coverage, and modest transition capex commitments mean that BASF is not aligned with a 1.5°C pathway.

Microplastic pollution is no longer a marginal concern; it is quickly becoming a major legal, environmental, and financial risk that directly affects how companies perform and what investors can expect. Investors should treat packaging governance as a key ESG risk, actively engage with the companies they invest in about their sustainability efforts and use this information to make smarter risk and investment decisions.

Assistant Accountant

Bayer is projected to align with a 2°C warming scenario by 2030. Emissions trends have been inconsistent year-on-year, and key downstream categories, such as product use, remain excluded from Scope 3 disclosures, resulting in a likely underestimation of Bayer’s climate footprint.

The fifth and supposedly final round of negotiations for a Global Plastics Treaty (INC-5.2) has concluded; not with progress, but with paralysis. Despite tireless efforts from many countries and civil society representatives – and the presence of environment ministers expected to help broker compromises – delegates in Geneva failed to reach agreement on even the basic building blocks of a legally binding treaty.

Head of Data

Differing interests between oil and gas companies and chemical producers has created a structural tension in the petrochemical value chain, with energy suppliers seeking to sell more of their products to an industry that seeks to wean itself off them. This note draws on recent research from Carbon Tracker and Planet Tracker to highlight this structural tension and the associated risks for each of the two industries.

Communications Officer

Senior Investment Analyst (Plastics)

Founder and Director