The EU Green Deal, which calls for net-zero greenhouse gas (GHG) emissions by 2050, will affect businesses across the board—but it will have a tremendous impact on Europe’s chemical industry as it brings both significant challenges and huge opportunities. To better understand this impact, Accenture and NexantECA, an energy and chemicals advisory company, conducted a comprehensive, plant-by-plant assessment of 236 chemical plants in Europe. This analysis determined that in order to reach net zero by 2050, the chemical industry will need to cut annual GHG emissions by 186 million tons over the next three decades
