Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Given the diversity or our operations, we encourage engagement at business group level, when relevant, to advance our net-zero and related commitments. Some examples from our businesses include:
- Orbia as a Business Ambition 1.5°C Campaign Partners is showing leadership by committing to announce Science Based Targets, which are currently under review of the SBTi Committee. Orbia also aims to use its voice to spur greater action.
- Koura is an active member of the Global FACT (Forum for Advanced Climate Technologies), promoting the development of low GWP propellants and refrigerants alongside other key players in the fluorinated gas market such as Arkema, Chemours and Honeywell. They are also members of the Alliance for Responsible Atmospheric Policy.
- Our Wavin Sustainability leaders are very active with the TEPPFA regarding circular economy initiatives and influencing policy around this topic in Europe. Wavin was also active in the 2021 Climate Adaptation Summit.
- Vestolit and Alphagary are members of Asociación Colombiana de Plásticos (ACOPLASTICOS), a Colombian association that promotes sustainable development in the sector while serving as a spoke person before the government and society to comply with best-in-class standards.
- In the U.S., Vestolit is an active member of The Vinyl Institute, where there are ongoing discussions to promote a per pound tax to fund $25M of recycling infrastructure investment. This would be an industry led/managed initiative.