Arkema

• Arkema’s double materiality assessment addresses nature-related dependencies, impacts, risks and opportunities across its value chain.​
• Arkema conducted a biodiversity materiality assessment that covered the Group’s entire value chain and identified the main risks, dependencies and impacts related to the five drivers on biodiversity identified by IPBES.​
• The material topics related to the outcome of these assessment are: Climate change, energy and greenhouse gas management, water and waste management, and circular economy.​
• Overall, the IROs relate to managing climate transition and physical risks, water and waste constraints, and circular economy supply pressures, while capturing opportunities from energy efficiency, lower-carbon solutions, resource optimisation, and circular products to strengthen resilience, reduce costs, and create new markets.​

• Arkema set SMART targets for its material nature-related issues with deadlines ranging from end of 2025 to end of 2030. ​
• For example: ​
• Water: Compared to the reference year 2019, 25% reduction of water withdrawals by end of 2030​
• Biodiversity: 65% reduction in` Volatile Organic Compounds (VOC) intensity by end of 2030​
• Circularity: Assess the biodiversity footprint of products using the ReCiPe method in a Life Cycle Assessment with the aim of reducing impact of products on the downstream value chain by end of 2028

• Arkema’s concrete actions to meet its targets are aligned with CSRD ESRS modules and are aligned with its material topics.​
• For example​
• Water: Initiated in 2016 to optimize the Group’s water management, the Optim’O program aims to reduce the amount of effluent discharged by the Group. This program aims to optimize water use, the efficiency of the water treatment process and other water-focused improvement measures.​
• Biodiversity: In addition to actions to reduce the Group’s industrial water withdrawals, air and water emissions, and greenhouse gas emissions, the Group is mapping sites in relation to key biodiversity zones and protected areas, and enhancing biodiversity on sites where part of the land is not allocated to industrial operations. ​
• Circularity: In addition to conducting life cycle assessments of its products, Arkema is focused on the use of recycled raw materials in its products. In 2019, Arkema launched the Virtucycle® program in collaboration with Agiplast to develop loops for the collection and regeneration of high-performance polymers while minimizing CO2 emissions.

The implementation of the biodiversity strategy is monitored by the Industrial Ecology Steering Committee comprised of members of the Executive Committee.