Resource transformation

This sector relates to the following sub-sectors: industrials and chemicals


Each section below relates to the TPT Disclosure Framework principles of Action and Accountability. The below provides further guidance for sub-elements 4.1 and 4.3. The TPT welcomes comments on this guidance to ensure it is as useful as possible for preparers and users. The text is open for comment until Friday, 24 November. Please select the feedback form at the bottom of the page. The final text will be updated in February.

This sub-sector includes companies in the chemicals sector. Chemical companies transform organic and inorganic feedstocks into more than 70,000 diverse products with a range of industrial, pharmaceutical, agricultural, housing, automotive and consumer applications. Larger firms may produce basic, agricultural, and speciality chemicals, while most companies are specialised. 

1. Replacing fossil fuel feedstocks, e.g., with1,5,7,8 

  • green hydrogen for ammonia and methanol;
  • green methanol for high-value chemicals (HVCs); and
  • bio-sourced material for HVCs. However, there are trade-offs around energy use requirements, lifecycle impacts and land-use limits.

2. Zero carbon energy use and energy efficiency, e.g., with1, 4, 5, 6,7, 8 

  • implementing energy efficiency and best available techniques to reduce emissions; 
  • electrification of processes; and
  • use of renewable energy for heat, steam and electricity.

3. Carbon capture, usage and storage (CCUS)4, 6, 8 

  • use of captured carbon as a feedstock, – e.g. in urea or methanol production – and  used for durable products;
  • use of CCS from process and energy emissions; and
  • upstream fossil fuel emissions and capture and storage rate may limit the impact of decarbonisation.

4. Circularity strategies6 

  • increasing re-usability of plastics; 
  • mechanical recycling; and
  • chemical recycling.

5. Accelerate sale of low-GHG emissions products that enable a decarbonised economy, including4, 5, 7 

  • green Ammonia e.g. for fertilisers, shipping or as a hydrogen carrier; and
  • materials that enable energy efficiency improvements, e.g. in buildings and transport.

6. Reduce downstream Scope 3 emissions associated with fertilisers and plastics6 

  • replace single-use plastics with re-usable products; and
  • produce slow-release fertilisers and inhibitors.
  • share of low-GHG emissions feedstock (%) of total feedstock. Disaggregated per product (e.g. ammonia, methanol, high-value chemicals, hydrogen);1,5
  • energy consumption by type (EJ), e.g. coal, oil, gas, electricity, bioenergy;2,5
  • proportion of electricity from renewable sources;1
  • recycled content of products sold or feedstock;1
  • if applicable, chemical recycling tonnes expressed as metric tonnes of waste transformed into alternative feedstocks or sustainable materials;2
  • if applicable, number of suppliers with whom the entity is engaging the proportion of the total spend they represent;1 and
  • capture rate, transport and storage leakage rates for CCUS.3
  • primary chemical production: tCO2e/t primary chemical;1,3 and 
  • metric tonnes of CO2e, or % reduction from base year, per unit revenue (also per unit turnover, or per unit gross sales) relate to Scope 1, Scope 2 and/or Scope 3 emissions.2

Chemicals literature

People stacking hands together in the park

Your feedback

The TPT welcomes comments on the Sector Summary to ensure it is as useful as possible for preparers and users. The Sector Summary was open for comment until Friday 24 November and, following consideration of the feedback received, will be updated in February. Thank you to the industry experts who provided comments.