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Tuesday, 20 October 2020
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Markets & companies, Raw materials market

Renewable Carbon Initiative: Market leaders want to take climate protection seriously

Wednesday, 30 September 2020

Eleven leading companies from six countries founded the Renewable Carbon Initiative (RCI) in September 2020 under the leadership of Nova-Institute (Germany).

The RCI vision is stated clearly: By 2050, fossil carbon shall be completely substituted by renewable carbon Image source: geralt - Pixabay (symbol image).
The RCI vision is stated clearly: By 2050, fossil carbon shall be completely substituted by renewable carbon Image source: geralt - Pixabay (symbol...

The aim of the initiative is to support and speed up the transition from fossil carbon to renewable carbon for all organic chemicals and materials. More than 100 well-known experts support the initiative personally. Companies, start-ups and institutes are welcome to join the initiative as a member.

The first eleven companies to become a member of the RCI and form the Core Advisory Board are: Beiersdorf (Germany), Cosun Beet Company (The Netherlands), Covestro (Germany), Henkel (Germany), LanzaTech (USA), Lenzing (Austria), NESTE (Finland), SHV Energy (The Netherlands), Stahl (The Netherlands), Unilever (UK) and UPM (Finland).

Core problem of climate change

The RCI addresses the core problem of climate change, which is largely related to extracting and using additional fossil carbon from the ground. The vision is stated clearly: By 2050, fossil carbon shall be completely substituted by renewable carbon, which is carbon from alternative sources: biomass, direct CO2 utilisation and recycling. The founders are convinced that this is the only way for chemicals, plastics and other organic materials to become more sustainable, more climate-friendly and part of the circular economy – part of the future.

The Renewable Carbon Initiative urges the industry to go beyond just using renewable energy. According to the initiative, all fossil carbon use has to end, as the carbon contained in the molecules of organic chemicals and materials is prone to end up in the atmosphere sooner or later. Consequently, companies are encouraged to focus on phasing out fossil resources and to use renewable carbon instead.

Event tip

Event tip: On 6-7 October 2020 international experts on bio-based coatings and raw materials will come together in Berlin to discuss latest findings and innovations in this area at the European Coatings Technology Forum | Bio-based Coatings. The event is also available as online stream. 

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