Innovation In The Chemical Industry Can Help The World Transition To A Low-Carbon Economy
Mumbai, Maharashtra - The 2nd edition of Industrial Green Chemistry World (IGCW) -2011, the world's first and largest Industrial convention focused on Green Chemistry, will be held from 4-6 December 2011 at Intercontinental- The Lalit, Mumbai. The convention will showcase technologies and products in the chemical Industry that can expand the implementation and commercialization of Green Chemistry and Green Engineering. The three day convention consists of Symposium (IGCW Sympo), Exhibitions (IGCW Expo), Seminars (180O Seminar Series) and an award ceremony (IGCW Awards).
IGCW in Partnership with Cool Earth is taking this unique and first of kind initiative on sustainability for events endeavoring to spread the awareness on climate change and the need to do carbon management for the delegates and participating companies. IGCW will be using this year's carbon footprint as a base line and offer to do offsets for the future events of this nature.
Cool Earth is a Knowledge based company started by experienced postgraduates of Carbon Management from UK. In their team they have experienced people, who have worked in Industry and across domains like carbon management, energy efficiency, CSR, carbon and energy analytics, sustainable events management and help companies and events measure, report and manage their carbon and water footprints.
Climate change is one of the most far-reaching and urgent environmental concerns the world faces today. The chemical industry is an energy-intensive industry in a highly competitive global environment. On average, about 22% of total production costs are due to energy use causing global Warming.
Nearly a third of the world's energy consumption and 21% of carbon dioxide (CO2) emissions responsible for Global Warming are attributable to chemical industry. The large primary materials industries, account for more than two-thirds of this amount. As professionals in the field of Sustainability and Carbon Management, Cool Earth with the use of the CDP certified software 'Our Impacts' helps organisations enforce the necessary strategies to highlight their green quotient.
Across the globe many organisations in the chemical sector have an active policy on Carbon Management in place. To name a few:
Akzo Nobel, Allergan, Aurubis, Ashland, BASF, Bayer, BK Giulini, Bristol-Myers Squibb,Chimex, Clarochem, DHL, Donau Chemie, DSM, DuPont, Eastman, Eli Lilly, ExxonMobil, Genzyme, GPSG, Helsinn Birex, Hüttenes-Albertus, Huntsman, Janssen Pharmaceutica, Kolb Nederland, Lamberti, Leo Pharma, Lubrizol, Multisol Group, NOF Metal Coatings, Pfizer, Rhodia, Roche, Sabic,Schering Plough, Sigma Aldrich, Shell Chemicals, Solvay, Talke, Teijin Aramid, Teris Spécialités, TVK, Univar.
The reason why there is so much interest in this space is three-fold:
- Organisations realise that low carbon emissions in most cases would also mean lower energy requirements and savings for the company.
- Being Green is the new strategy mantra among all sectors - especially the Chemical sector, if organisations are able to project reduced carbon emissions from products being used or produced, there is a positive spin to sell to end customers. With raising awareness of Global Warming, organisations want to project the positive impacts of their operations.
- Being prepared for Carbon mitigation regulation - Companies like Du Pont have started with carbon management strategies way back in the early 1990's in order to be prepared for regulations as well as have the market lead over their peers in products and processes.
Through this event IGCW, 2011 which has an environmentally conscious theme centered on "Green" practices for the Chemical Industry. Cool Earth has partnered with Newreka, to help highlight the importance of an issue like Global Warming to the delegates. There is no escaping the fact that even Events have a footprint on the Ecology and it is the aim to raise awareness among the delegates so that they can be responsible citizens both in their professional and personal capacities.
SOURCE: Industrial Green Chemistry World