EVENTS

Cefic Lab – The business case for sustainability in the chemical industry – Workshop on “from footprint to handprint: how to measure the chemical industry’s positive societal impact

From footprint to handprint: how to measure the chemical industry’s positive societal impact, organised by Cefic and WifOR

In this webinar, we will explore how companies can move beyond footprint reduction to create measurable positive impacts (‘handprints’) that drive competitiveness and sustainable growth.

  1. From compliance to value creation
    • Moving beyond footprint reduction to measurable positive contributions (handprints) that strengthen competitiveness and stakeholder trust.
    • Strategic benefits for companies: resilience, differentiation, and long-term sustainable growth.
  2. Practical examples of handprints
    • Plastics: avoided ecological costs compared to benchmark products.
    • Pharmaceuticals (anonymous case): socioeconomic value of vaccination attributable to a key input.
    • Agriculture: land-sparing and restoration enabled by productivity-enhancing chemical products.
  3. Conclusion and discussion: turning handprints into strategy
    • Using impact valuation to monetize benefits, benchmark progress, and communicate sustainable value creation to investors, policymakers, and customers.
  4. Interactive Q&A – Discussion with audience

Speaker: Dr. Richard Scholz, Head of Impact Analysis, WifOR Institute.

This webinar series will explore the costs and benefits of sustainability across the value chain and foster a dialogue among members about the business case for investing in climate-neutral and circular products.

Sustainability-related investments needed to support the transition to climate neutral, circular production are high. At the same time, chemical companies in Europe face high energy prices, while the demand for low-carbon, circular products remains limited and the willingness of downstream customers to pay more is often uncertain. This raises a key question: Is there a business case for sustainability in the European chemical industry?

Who should attend? These webinars are open to all Cefic members, and members of national associations

Cefic Labs offer the opportunity to meet, exchange and advance industry’s knowledge on various operational issues, including sustainability, legal affairs, transport and logistics, etc. They serve as a platform to generate new ideas, share knowledge and explore solutions to issues facing the EU chemicals industry. This invitation is personal to you as a member of Cefic or a national federation.