{"id":55066,"date":"2020-04-26T15:53:32","date_gmt":"2020-04-26T13:53:32","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=55066"},"modified":"2020-04-26T15:53:32","modified_gmt":"2020-04-26T13:53:32","slug":"sabic-to-install-4000-mw-of-renewable-energy-by-2025-to-reduce-the-carbon-footprint","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/sabic-to-install-4000-mw-of-renewable-energy-by-2025-to-reduce-the-carbon-footprint\/","title":{"rendered":"SABIC to install 4000 MW of renewable energy by 2025 to reduce the carbon footprint"},"content":{"rendered":"<p dir=\"ltr\" style=\"text-align: left;\">SABIC, a global leader in chemical industry, has set a new target to install 4 gigawatts (4000 Megawatts) of renewable energy by 2025 and 12 gigawatts by 2030 in order to reduce the carbon footprint and of products and supply chain<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">It is targeting 25% reduction in energy and greenhouse gas emission intensity by 2025, against its 2010 baseline.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Company\u2019s recent\u00a0<a title=\"sustainability\" href=\"https:\/\/indiacsr.in\/sustainability\" data-internallinksmanager029f6b8e52c=\"2\">Sustainability<\/a>\u00a0reveals that it has goals to reduce material-loss intensity by 50% and water intensity by 20% till 2025, against baseline year. \u201cOur absolute material loss remained at 3.3 million tons this year.\u201d, report said.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">It will be reducing emissions from flaring by 65% compared to 2010 level, and also reduce hazardous and non-hazardous waste be below 2010 levels, all by 2025.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">To ensure these ambitious goals translate in impact, Company is restructuring\u00a0<a title=\"sustainability\" href=\"https:\/\/indiacsr.in\/sustainability\" data-internallinksmanager029f6b8e52c=\"2\">sustainability<\/a>\u00a0governance, will build a\u00a0<a title=\"sustainability\" href=\"https:\/\/indiacsr.in\/sustainability\" data-internallinksmanager029f6b8e52c=\"2\">sustainability<\/a>\u00a0culture through training, engagement and operational excellence.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Company has invested around 900 million USD in\u00a0<a title=\"CSR\" href=\"https:\/\/indiacsr.in\/csr\/\" data-internallinksmanager029f6b8e52c=\"1\">CSR<\/a>\u00a0initiatives, developing long-term mutual beneficial partnership with local communities.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">SABIC has released its\u00a0<a href=\"https:\/\/www.sabic.com\/assets\/en\/Images\/SABIC-Sustainability-Report-2019-eng_tcm1010-22136.pdf\">Sustainability Report 2019 \u2018Toward a Circular Future\u2019<\/a>, covering performance over the past year and detailing how\u00a0<a title=\"sustainability\" href=\"https:\/\/indiacsr.in\/sustainability\" data-internallinksmanager029f6b8e52c=\"2\">sustainability<\/a>\u00a0fits into the broader global business strategy.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Dr. Abdulaziz Saleh Aljarbou, SABIC Chairman, said, \u201cWe are driven by concern for plastics in the environment, the search for new ways to reuse and re-purpose materials, and a desire for effective regulations, especially in packaging. These priorities have led to investments in circular product-solutions and our ability to accept chemically recycled feedstock.\u201d<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">It is targeting 25% reduction in energy and greenhouse gas emission intensity by 2025, against its 2010 baseline.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Company\u2019s recent\u00a0<a title=\"sustainability\" href=\"https:\/\/indiacsr.in\/sustainability\" data-internallinksmanager029f6b8e52c=\"2\">Sustainability<\/a>\u00a0reveals that it has goals to reduce material-loss intensity by 50% and water intensity by 20% till 2025, against baseline year. \u201cOur absolute material loss remained at 3.3 million tons this year.\u201d, report said.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">It will be reducing emissions from flaring by 65% compared to 2010 level, and also reduce hazardous and non-hazardous waste be below 2010 levels, all by 2025.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">To ensure these ambitious goals translate in impact, Company is restructuring\u00a0<a title=\"sustainability\" href=\"https:\/\/indiacsr.in\/sustainability\" data-internallinksmanager029f6b8e52c=\"2\">sustainability<\/a>\u00a0governance, will build a\u00a0<a title=\"sustainability\" href=\"https:\/\/indiacsr.in\/sustainability\" data-internallinksmanager029f6b8e52c=\"2\">sustainability<\/a>\u00a0culture through training, engagement and operational excellence.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Company has invested around 900 million USD in\u00a0<a title=\"CSR\" href=\"https:\/\/indiacsr.in\/csr\/\" data-internallinksmanager029f6b8e52c=\"1\">CSR<\/a>\u00a0initiatives, developing long-term mutual beneficial partnership with local communities.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">SABIC has released its\u00a0<a href=\"https:\/\/www.sabic.com\/assets\/en\/Images\/SABIC-Sustainability-Report-2019-eng_tcm1010-22136.pdf\">Sustainability Report 2019 \u2018Toward a Circular Future\u2019<\/a>, covering performance over the past year and detailing how\u00a0<a title=\"sustainability\" href=\"https:\/\/indiacsr.in\/sustainability\" data-internallinksmanager029f6b8e52c=\"2\">sustainability<\/a>\u00a0fits into the broader global business strategy.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Dr. Abdulaziz Saleh Aljarbou, SABIC Chairman, said, \u201cWe are driven by concern for plastics in the environment, the search for new ways to reuse and re-purpose materials, and a desire for effective regulations, especially in packaging. These priorities have led to investments in circular product-solutions and our ability to accept chemically recycled feedstock.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SABIC, a global leader in chemical industry, has set a new target to install 4 gigawatts (4000 Megawatts) of renewable energy by 2025 and 12 gigawatts by 2030 in order to reduce the carbon footprint and of products and supply chain It is targeting 25% reduction in energy and greenhouse gas emission intensity by 2025, [&hellip;]<\/p>\n","protected":false},"author":410,"featured_media":55069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[984,6030],"tags":[6345,6416,6984],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SABIC to install 4000 MW of renewable energy by 2025 to reduce the carbon footprint - Csr Egypt<\/title>\n<meta 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