News

Environmental commitment and regulatory changes

27.07.2022
3 pillars of Green Azoty

We understand the gravity of climate and environmental changes, which present a major threat to Europe and the whole world. The chemical industry, which is a source of large amounts of greenhouse gas emissions for reasons inherently related to the technologies employed, must take its share of responsibility for slowing down the pace of these changes by striving to achieve carbon neutrality and by investing in green energy and green products. Pro-environmental activities in SegmentOxoplast™ will be carried out within the organization, but we also responsibly select suppliers of raw materials.

What is more, Europe – Grupa Azoty’s key market – is the leader in regulatory changes that set ambitious goals to mitigate adverse environmental impacts (including the European Green Deal and the Paris Agreement). Sustainable development and responsible business practices are of strategic importance to Grupa Azoty. Initiatives designed to minimise our adverse environmental impacts have been included in our ESG Strategy and ‘Green Azoty’ corporate project.

The Grupa Azoty New Strategy addresses in detail the challenges posed before today’s industry by the European Green Deal. Specific initiatives, including those focused on environmentally friendly captive energy generation, the need to reduce emissions and decarbonise the business, have been presented in ‘Green Azoty’, our strategic corporate project, based around three pillars:

  • Green products
  • Green technologies
  • Green organisation

We actively respond to our customers’ expectations that we reduce the carbon footprint of our production processes. In the horizon of 2030, we will seek to implement technological solutions harnessing emission - free and renewable energy. Accordingly, the average share of renewables in our electricity generation mix will be minimum 40%.

 

Grupa Azoty will also focus on increasing the share of green energy with guarantees of origin in its energy mix and on closely monitoring the carbon footprint of feedstocks sourced from third-party suppliers.