3M recently announced that its near-term, science-based emissions reduction targets have been validated by the Science Based Targets initiative (SBTi) as being in line with the 1.5° C trajectory of the Paris Agreement. 

In 2023, a raw material supplier commissioned a life cycle assessment to evaluate the carbon footprint of its products.

The climate neutrality targets for scope 3 emissions complete Covestro's climate strategy for reducing greenhouse gas emissions.

In an effort to step-up the decarbonization of its supply chain, Covestro has begun the process of introducing electric trucks for short-distance chemical shuttling at its Shanghai site.

Many companies within the chemical space have pledged to reduce their Scope 1 and Scope 2 emissions; now, they are looking to tackle the more daunting Scope 3 emissions.