The Global Impact Coalition (GIC) aims to bring chemical companies and value chain partners together to solve challenges on the road to net zero carbon. 

-          Collective effort will bring down the cost of sustainable solutions

-          GIC is spin off from the World Economic Forum 

-          Major chemical company members include BASF, SABIC, Clariant, Covestro, LyondellBasell, Mitsubishi, Syensqo, LG Chem

-          Automotive plastics recycling is a key focus

-          Fully decarbonised car would only add $900 to final price

-          On average decarbonising only adds 2-4% to final price of most goods

-          However decarbonization costs rise steeply up the value chain

-          GIC aims to grow geographically and along industrial value chains

ICIS journalist Will Beacham interviews Charlie Tan, CEO of the GIC and Lars Kissau, president of BASF’s Net Zero Accelerator.