This new goal underlines AkzoNobel’s belief that sustainability is business and business is sustainability. Our share of renewable energy currently stands at 40%, with almost half the company’s sites around the world having improved their energy footprint in 2016. Achieving the 2050 ambition will position the company at the forefront of efforts to transform the use of resources in our industry and throughout the value chain. It will also enable us to make a measurable contribution to the United Nations Sustainable Development Goals.
At AkzoNobel, sustainability is a driver for innovation, new technologies, new partnerships and new service models, all of which will ultimately lead to market transition. We will focus on developing innovative products and services that enable customers to reduce their energy use and carbon impact.
Moreover, AkzoNobel is already involved in several sustainability partnerships, notably in the Netherlands. These include switching to sustainably generated steam to provide energy for chemicals production and investigating the possible launch of a waste-to-chemicals factory.
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