GIC Announces New Platform to Foster Sustainable Innovation Between Chemicals and Brands
GIC Announces New Platform to Foster Sustainable Innovation Between Chemicals and Brands
In an effort to facilitate a future with net-zero and circular chemicals, the CEO-led Global Impact Coalition (GIC) is launching a new project to involve consumer-facing businesses as Value Chain Partners.
It has become evident that no one industry alone can address the growing pressure on businesses throughout the chemical value chain to achieve climate, circularity, and recyclability requirements. Deeper cooperation between chemical manufacturers and downstream consumer goods companiesāwho depend on the chemical sector for a wide range of product ingredients and packaging materialsāwill be necessary to make significant headway.
āReducing what is known as scope 3 carbon emissions will require a deeper integration of business models and ultimately, greater collaboration along the material and product value chain,ā saidĀ Charlie Tan, CEO of theĀ Global Impact Coalition. āWe are putting out a strong call to action for global consumer goods companies to co-build the next generation of supplier-enabled solutions, along with the chemical industry.ā
GIC invites consumer goods leaders to join a structured engagement with chemical suppliers, from ideation to tangible projects, designed to co-develop commercially scalable projects that reduce emissions, increase circularity, and enable safer chemical use.
āCollaboration of chemical companies with downstream partners such as consumer goods companies is essential to scale sustainable products and build viable business cases,ā saidĀ Lars Kissau, President atĀ BASFĀ and member of the GIC Executive Committee. āThis is not about talk. Itās about co-creating real solutions with the companies that rely on the chemical industry in all their products.ā
Unlike traditional industry groups focused on advocacy or roadmaps, GIC operates as an action-oriented platform that guides members through a four-stage process: from shared problem definition and ideation to project development and spin-out. Current GIC projects include joint efforts on developing 100% circular waste streams, sustainable biomass sourcing, and PFAS remediation and destruction.
The Value Chain Partner initiative gives consumer brands a unique opportunity to:
- Shape future-ready projectsĀ that directly reflect consumer goods business needs
- Pilot tangible solutionsĀ with chemical suppliers and scale what works
- Join a platform of global leadersĀ working to accelerate progress on Scope 3 emissions reduction, circularity, and āno harmā innovation
Participation is open to global consumer goods companies committed to partnering with their chemical industry suppliers to accelerate emissions reductions and drive systemic change. Engagements include executive-level discussions, project working groups, and biannual ideation workshops.
https://globalimpactcoalition.com/
#globalimpactcoalition #ModernplasticsindiaĀ #PasticsnewsĀ #ModernPlasticsIndiaMagazine
#PrintPublicationĀ #Modernplasticsbrazil