69% of chemical industry has embraced sustainability, says Genomatica and ICIS survey

September 8, 2014 |

In California, Genomatica has announced the results of a survey on sustainability issues in the chemical industry.

Key findings from 958 respondents include:

  • 69% say their company has a sustainability policy in place or are currently developing one.
  • 67% describe their company’s top business priority in sustainability as either promoting or marketing sustainable products, taking an active lead on sustainability issues, or engaging customers on a business level.
  • 81% of producers say it’s very or moderately important to be a front runner in sustainable chemicals.
  • Amongst producers of renewable feedstocks, 35% are investing in R&D and 31% have a strategic commitment to their use.
  • On economics, 43% of producers say there is long-term economic advantage to renewable feedstocks; and 51% say they should reduce exposure to the petroleum market.

The survey was conducted together with ICIS, one of the world’s leading chemical and energy market information providers.


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