Keynote: Climate neutrality 2035 is on the horizon – but how do we now transform, and develop a circular economy?

Session

Climate neutrality 2035 is on the horizon – but how do we now transform, and develop a circular economy?

Keynote

Monday, March 13

06:45 PM - 07:15 PM

Live in Amsterdam

Less Details

The chemical industry is at a pathway. Geopolitical and economic challenges lie ahead and rising energy prices and shortages looming. A global CO2 reduction strategy can go different directions, but always starts in own productions. Circularity over the value and supply, instead of linear routes, is the driver of climate neutrality and implicates a highly transformative effort. Since Covestro is working with an energy management system for 15+ years, the integration of the Covestro climate neutrality target (2020 to 2030: -60% Scope 1 & 2 GHG emissions and climate neutrality by 2035) in the energy management system is one major topic after it has been announced in 2022. Heat transition, access to renewable energy supply and transformation of our production sites to climate neutrality are in focus of Covestro’s transformation efforts. Alignment with the strategic climate neutrality target requires programmatic initiatives as well as the adaptation of integrated management processes to transform around 50 production sites worldwide into climate-neutral operations.

This presentation covers:

Operationalization of Climate Neutrality Strategy: How does it work? What are major experiences? How do I manage my resources?
Process component: Innovative process technologies with the potential of saving CO2
Framework conditions: Carbon reduction strategy and climate neutral growth – energy must be affordable, and it must be possible to transform the business at the same time
Regulatory Guardrails: Purchase of renewable energies, ecological obligations from state aids in EU, and the effects on the economic competitive edge
Scope 3 reduction, alternative feedstocks & digitalization: do you rely on a successful data management? Where is the data coming from? How about the competition with open data?

Presentation

Speaker

Alexander Plum

Head of Energy Excellence, Covestro AG

Through various positions in process analytical engineering, plant management and process automation in polymer industry I have gained extensive experience in optimizing processes and operations as well as establishing continuous improvement and motivating teams to strive for efficiency. In addition, I enjoyed several years of international work experience in multinational & interdisciplinary teams, hierarchical levels as well as collaboration with internal and external customers with focus on strategic alignment of the investment portfolio. My on-the-job experience in different positions in Germany and China has afforded me a well-rounded skill set, leadership experience as well as insights in organization, company standards and cultural influences in the chemical industry. I am currently working in the context of energy efficiency, climate neutrality and circular economy, which my team at Energy Excellence fully supports. As Global Energy Management Officer, my team and I continue to develop our DIN EN ISO 50001 certified energy management system and support our sites in developing energy efficiency measures to ensure continual improvement on the journey of transformation towards Climate Neutrality and a Circular Economy.

The Pop in My Job:

What is so fascinating about working in the chemical industry, I was once asked by graduates at a university event. My answer remains the same: the collaboration with many intelligent people from different backgrounds and with a common goal, the range of challenges that constantly reinvents itself, and the mastery of complexity that any well managed chemical plant demonstrates every day.

Join Alexander Plum
Book Now!

Company

Covestro AG

https://www.covestro.com

Although independent as recently as September 2015, Covestro has already proven itself a major player in the polymer materials field. Find key data on our setup and performance here. Shortly after independence, Covestro was listed on the stock exchange. Since then, we have proven to our customers and investors that we have what it takes: a strong and efficient product base combined with the flexibility and sense of purpose of a start-up, fueled by 80 years of experience. The backbone of our organization’s success are our 17,900 employees, who work at 50 production sites across the globe. Our activities are coordinated from our corporate headquarters in Leverkusen, Germany. Thanks to the sound setup of our company and its innovative power, we have achieved a reliable course of growth and consolidated our standing in the global markets. In fiscal 2021, Covestro achieved-Group sales of EUR 15.9 billion and generated EBITDA of EUR 3.1 billion. Core volumes sold were up by 10%. The free operating cash flow increased to EUR 1.4 billion.

Get Agenda

BOOK NOW