New research from Planet Tracker finds that six out of eight major chemical companies do not have credible climate transition strategies aligned with a 1.5°C pathway by 2030.
This report benchmarks the climate transition performance of eight of the world’s top chemical companies: BASF, Bayer, Dow, Incitec Pivot, Air Liquide, LyondellBasell, SABIC, and Toray Industries. It evaluates them across emissions performance, value chain engagement, governance and remuneration, capital allocation, and policy advocacy.
Analysis of over 4,000 corporate reports and investor communications from 30 leading European banks reveals widespread failure to address financial risks from plastic pollution.
Companies in the plastic industry should have one of the longest risk registers of any sector. European retail banks financing plastics, along with their investors are financially exposed to these plastic-related risks. In this report, we use natural language processing to examine how major European retail banks talk about plastics and whether they consider plastic pollution risk as part of their lending criteria.
Incitec Pivot is on track for a 1.5°C pathway by 2030. While Incitec Pivot demonstrates credible initiatives, such as technological innovation and strategic partnerships, certain transparency gaps remain.
Toray aims for carbon neutrality by 2050 but is most likely heading towards a 2°C to 3°C scenario by 2030. Without stronger absolute reduction commitments, enhanced supply chain accountability, and clearer links between incentives and Net Zero goals, Toray appears unlikely to align with the more ambitious 1.5°C target.
Financial institutions are exposed to significant economic risks from deep sea mining. Planet Tracker provides financial institutions with recommendations on how to develop investment and financing policies on this issue.
Planet Tracker’s latest research highlights inconsistencies between U.S. and EU toxic release reporting requirements, exposing corporates and financiers to growing regulatory and litigation risks.
Planet Tracker’s latest report presents a comprehensive comparison of U.S. and EU chemical regulations, revealing significant differences between the two regions’ regulatory frameworks. These discrepancies hinder accurate assessments of toxic footprints and increase future risks for companies and investors.
Planet Tracker’s latest analysis reveals setbacks in Air Liquide’s climate transition progress. The company is likely to align with a 2°C warming scenario by 2030, a regression from last year’s 1.5°C alignment. The assessment of Air Liquide’s climate transition strategy highlights significant efforts alongside key challenges.
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