Sustainability Focus Areas

CPChem’s sustainability strategy has three focus areas that inspire and drive progress on our sustainability journey, while also elevating the people and communities around the globe.

Climate Change

Climate change is a global concern and addressing it is a primary component of our sustainability strategy. Optimizing the processes used to make our products while minimizing their impact helps to protect the planet and demonstrates how we are working to identify and mitigate climate-related risks. We pursue emerging technologies to enhance operations and processes supporting our goal to reduce our carbon intensity by 15% by the year 2030, compared to a 2020 baseline.

Product Sustainability and Circularity

Our first circular product, Marlex^® Anew™ Circular Polyethylene, strengthens CPChem’s portfolio and demonstrates the company’s commitment to circularity and helping customers achieve their own sustainability goals. Additionally, we are engaged and active in the global movement to eliminate plastic waste in the environment.

Social Responsibility

CPChem conducts business with a focus on Social Responsibility, as reflected in our tagline, Performance by Design. Caring by Choice. ™. Prioritizing health, safety and well-being of the people in our organization and in the community is a core value. CPChem’s culture of diversity, equity and inclusion (DE&I) is infused within every part of our company, and we celebrate the unique perspectives and experiences of our workforce. We continue to promote human rights and our responsible procurement practices to support sustainable and ethical business practices throughout the value chain. We invest considerable time, talent and resources to make a lasting, meaningful impact in communities across the globe and are committed to drive progress towards the United Nations Sustainable Development Goals (SDGs).

At CPChem, sustainability is woven into our business, and it inspires continuous improvement and innovation across the company. As a global leader in the production of chemicals and plastics, we strongly support efforts to reduce plastic waste and lower greenhouse gas emissions. We have announced several sustainability targets to track progress and drive our evolution.

By the year 2030, CPChem aims to:

• Reduce carbon intensity by 15% compared to 2020 baseline: We are identifying and implementing practical solutions that reduce emissions, leverage lower carbon growth projects and optimize operations.
• Boost production of circular products: We are working toward the target of an annual production volume of 1 billion pounds of Marlex^® Anew™ Circular Polyethylene, demonstrating the great potential of advanced recycling technology to help repurpose difficult-to-recycle plastics again and again.