INEOS Publishes 2024 Sustainability Report Highlighting Progress on Emissions,...

On 30^th of April, INEOS has published its Sustainability Report for 2024, outlining the company's progress and priorities in building a more sustainable future while continuing to deliver the materials essential to modern life.

The report highlights INEOS' approach to reduce greenhouse gas emissions, accelerate circular economy solutions, and invest in breakthrough technologies such as carbon capture and energy efficiency.

Major milestones in 2024 include:

• Continued progress toward INEOS' goal of net zero by 2050.
• Expansion of circular product ranges using recycled and renewable feedstocks, including the launch of new low-carbon PVC and bio-based plastics.
• Advancements in Project ONE and Project Greensand, setting new benchmarks in energy efficiency and carbon storage.
• A strong focus on workforce safety and community engagement.

Sir Jim Ratcliffe, INEOS Chairman and CEO, said: "At INEOS, we don't virtue signal. We focus on engineering, science, and results. That's how real progress is made, and that's how we approach sustainability. Our €4 billion investment in Project ONE in Antwerp is a clear example. It will be the most energy-efficient ethylene plant in Europe with half the carbon footprint of today's best-performing crackers anywhere in the world. A once-in-a-generation investment that sets the benchmark for how heavy industry must evolve; through renewal. "

The full INEOS Sustainability Report 2024 is available here.

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