For Elix Polymers only energy from renewable sources

The leading thermoplastics company Elix Polymers moves forward in its commitment to climate change. As from 1 October 2022, within the framework of sustainable operations and specifically within framework of the Climate Care programme, the leading company will reduce its environmental footprint by 40% regarding CO2 emissions associated with energy consumption. The company will cover all its electricity consumption from alternative sources to fossil fuels beginning on 1 October. 100% of the electricity consumed by the Tarragona plant will have the Guarantee of Origin (GO) certified by the National Commission on Markets and Competition (CNMC). This will mean a considerable impact that will allow the company to reduce its CO2 emissions by approximately 10,800 tonnes per year, which represents a reduction of the total impact by our products of approximately 3.6% in total emissions with respect to 2017.

Furthermore, as a part of the responsibility programme in its supply chain, in 2022 Elix Polymers took another step towards the integration of Environmental, Social and Governance (ESG) criteria in the evaluation of its suppliers through an agreement with Ecovadis to develop and digitise that integration. The 2020-2025 strategy of Elix Polymers is based on four strategic areas that, aligned with the Sustainable Development Goals (SDGs), have been designated as priorities and relevant for the company: fostering a sustainable plastics system, with a clear focus on circularity and the efficient use of resources; being strongly committed to adapting to and mitigating Climate Change, with the objective of reducing greenhouse gas emissions (reduction of CO2) and the intensity of the water footprint; ethical business and a positive contribution to social well-being throughout the value chain; contributing to reducing the loss of biodiversity.