Orbia's 2021 Climate Report

by Orbia | Mar 28, 2022

At Orbia, we recognize that climate change is one of the greatest challenges of our time, but it also represents the greatest opportunity we see on our horizon and the greatest responsibility of our generation: the decarbonization of our economy and enabling climate resilience.

With sustainability-minded industry initiatives, Orbia aims to be a leader in innovation on long-term climate change solutions. At Orbia, we address climate-related issues within our company and along our value chain together with our customers, employees, suppliers, partners, communities, and our industry to achieve positive impacts.

Orbia has been an official supporter of the Task Force on Climate-related Financial Disclosures (TCFD) since 2019, and we have established ambitious climate commitments to contribute to the decarbonization of the planet. Building on our 2019 climate risk assessment, this is Orbia’s second comprehensive TCFD-aligned report, and includes updates of our climate-related efforts across our organization and our value chain. This report also details Orbia’s progress towards adopting TCFD recommendations and incorporating climate-related risks and opportunities in our strategic decisions.

Using our Climate Action Framework as a guide, we prioritize climate actions and implement key performance indicators (KPIs) based on our climate goals and defining purpose: to advance life around the world. Our progress towards our goal to achieve net zero emissions (Scope 1 & 2) by 2050 and related Science Based Targets (aligned to a 1.5° scenario) to 2030, along with other climate-related metrics, are publicly disclosed annually.