Ailish Layden’s Post

⚗ Who is financing petrochemical toxicity in the EU? Planet Tracker’s latest report shows companies are emitting vast amounts of toxic emissions in one of the world’s largest petrochemical concentrations, the trilateral chemical region of Europe (and in the wider area of Belgium, Germany and the Netherlands). The report identifies 1,093 facilities in the region, which have released and transferred 125 million tonnes of chemicals since 2010, resulting in devastating consequences for human and environmental health, including 24,640 years of health life lost and 57 billion species affected. The worst polluters in the industry – BASF  and Solvay – are responsible for almost a third of all toxic pollution (34.8 million tonnes). Despite petrochemical toxicity posing huge health and environmental concerns, investors funding petrochemical players are largely overlooking the issue. Financial backers of petrochemical industry, led by BlackRock, Vanguard and JPMorgan Chase & Co., must take action to demand change. 📰 Read the full report here:  https://lnkd.in/e5sycZwz 📊 Find the data-dashboard here: https://lnkd.in/emhXmHD5 🎧 Learn more in our webinar on January 24th 2024: https://lnkd.in/ebHkyeGH #petrochemicalindustry #toxicity #sustainablefinance

⚗ Who is financing petrochemical toxicity in the EU? Planet Tracker’s latest report shows companies are emitting vast amounts of toxic emissions in one of the world’s largest petrochemical concentrations, the trilateral chemical region of Europe (and in the wider area of Belgium, Germany and the Netherlands). The report identifies 1,093 facilities in the region, which have released and transferred 125 million tonnes of chemicals since 2010, resulting in devastating consequences for human and environmental health, including 24,640 years of health life lost and 57 billion species affected. The worst polluters in the industry – BASF  and Solvay – are responsible for almost a third of all toxic pollution (34.8 million tonnes). Despite petrochemical toxicity posing huge health and environmental concerns, investors funding petrochemical players are largely overlooking the issue. Financial backers of petrochemical industry, led by BlackRock, Vanguard and JPMorgan Chase & Co., must take action to demand change. 📰 Read the full report here:  https://lnkd.in/e5sycZwz 📊 Find the data-dashboard here: https://lnkd.in/emhXmHD5 🎧 Learn more in our webinar on January 24th 2024: https://lnkd.in/ebHkyeGH #petrochemicalindustry #toxicity #sustainablefinance

⚗ Who is financing petrochemical toxicity in the EU? Planet Tracker’s latest report shows companies are emitting vast amounts of toxic emissions in one of the world’s largest petrochemical concentrations, the trilateral chemical region of Europe (and in the wider area of Belgium, Germany and the Netherlands). The report identifies 1,093 facilities in the region, which have released and transferred 125 million tonnes of chemicals since 2010, resulting in devastating consequences for human and environmental health, including 24,640 years of health life lost and 57 billion species affected. The worst polluters in the industry – BASF  and Solvay – are responsible for almost a third of all toxic pollution (34.8 million tonnes). Despite petrochemical toxicity posing huge health and environmental concerns, investors funding petrochemical players are largely overlooking the issue. Financial backers of petrochemical industry, led by BlackRock, Vanguard and JPMorgan Chase & Co., must take action to demand change. 📰 Read the full report here:  https://lnkd.in/e5sycZwz 📊 Find the data-dashboard here: https://lnkd.in/emhXmHD5 🎧 Learn more in our webinar on January 24th 2024: https://lnkd.in/ebHkyeGH #petrochemicalindustry #toxicity #sustainablefinance

⚗ Who is financing petrochemical toxicity in the EU? Planet Tracker’s latest report shows companies are emitting vast amounts of toxic emissions in one of the world’s largest petrochemical concentrations, the trilateral chemical region of Europe (and in the wider area of Belgium, Germany and the Netherlands). The report identifies 1,093 facilities in the region, which have released and transferred 125 million tonnes of chemicals since 2010, resulting in devastating consequences for human and environmental health, including 24,640 years of health life lost and 57 billion fractions of species affected. The worst polluters in the industry – BASF  and Solvay – are responsible for almost a third of all toxic pollution (34.8 million tonnes). Despite petrochemical toxicity posing huge health and environmental concerns, investors funding petrochemical players are largely overlooking the issue. Financial backers of petrochemical industry, led by BlackRock, Vanguard and JPMorgan Chase & Co., must take action to demand change. 📰 Read the full report here:  https://lnkd.in/e5sycZwz 📊 Find the data-dashboard here: https://lnkd.in/emhXmHD5 🎧 Learn more in our webinar on January 24th 2024: https://lnkd.in/ebHkyeGH #petrochemicalindustry #toxicity #sustainablefinance

⚗ Who is financing petrochemical toxicity in the EU? Planet Tracker’s latest report shows companies are emitting vast amounts of toxic emissions in one of the world’s largest petrochemical concentrations, the trilateral chemical region of Europe (and in the wider area of Belgium, Germany and the Netherlands). The report identifies 1,093 facilities in the region, which have released and transferred 125 million tonnes of chemicals since 2010, resulting in devastating consequences for human and environmental health, including 24,640 years of health life lost and 57 billion fractions of species affected. The worst polluters in the industry – BASF  and Solvay – are responsible for almost a third of all toxic pollution (34.8 million tonnes). Despite petrochemical toxicity posing huge health and environmental concerns, investors funding petrochemical players are largely overlooking the issue. Financial backers of petrochemical industry, led by BlackRock, Vanguard and JPMorgan Chase & Co., must take action to demand change. 📰 Read the full report here: https://lnkd.in/e5sycZwz 📊 Find the data-dashboard here: https://lnkd.in/emhXmHD5 🎧 Learn more in our webinar on January 24th 2024: https://lnkd.in/ebHkyeGH #petrochemicalindustry #toxicity #sustainablefinance

Another deliverable of the EU Transition Pathway for the Chemical Industry - A guide on EU funding for the green and digital transition #transitionpathway #chemicalindustry : https://lnkd.in/gK2hhkdH

Slight upturn in EU chemical industry output, but challenges remain 🚨. Our latest #ChemicalTrends report is out 📢 Read online: https://lnkd.in/e8bCMGSm Since Q2 2023, the EU27 #ChemicalIndustry has experienced a modest recovery, with production improving for four consecutive quarters, showing signs of stability in 2024. Despite this, output levels are still far from pre-COVID highs, mainly due to weak demand and high energy costs. ⚠️ For sustained recovery, we need lower #EnergyPrices and stronger business confidence across the chemical industry 🌍. #EUManufacturing #BusinessOutlook #EconomicRecovery #IndustrialDeal

The #chemicalindustry is undergoing the biggest transformation in its history 🚀 . EU Business is inviting all organisations with projects contributing to the transition of the chemical industry to submit their Transition Initiatives. Are you part of the transformation 🌍? Submit your initiatives by 1 November! #TransitionPathway #competitiveness #innovation #sustainability #twintransition #eugreendeal

Over a year ago, the European Commission published the #TransitionPathway for the European #chemicalindustry 🏭. And since July 2023, over 110 concrete transition initiatives have been submitted by SMEs, associations, NGOs, and large companies 🏆. How is your organisation contributing to the twin transition 🌐? Submit your initiatives 🚀: https://lnkd.in/eJGArk2C EU Business #DGGrow #EUindustry

Decarbonize and Defossilize: Transformative Policies to Reduce Chemical Industry Carbon Emissions