Our Approach to Climate Change Action
To limit global warming, the world needs to rapidly reduce annual emissions. OCI’s focus markets need to contribute to these emission reductions. Our products could help contribute to the decarbonization of sectors accounting for nearly 90% of global emissions.
Our growing sustainable product offering includes low-carbon fertilizers, cleaner fuels, and low-carbon or green ammonia and methanol, serving a wide range of end markets.
Our Decarbonization Roadmap
We are committed to reducing our Scope 1 and 2 greenhouse gas (GHG) emission intensity by 20% by 2030 vs. 2019 level and aim to achieve carbon neutrality by 2050.
We developed a roadmap to achieve our targets, consisting of both sustainable short-to-medium term and long-term value-enhancing initiatives offering sustained environmental and operational benefits. Our decarbonization roadmap has 3 pillars:
-20% reduction
Operational excellence
Renewable energy sources
Low carbon growth initiatives
Annual Report
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