When we use materials that can be replenished quicker than the lifetime of the product, we rely less on fossil-based materials that take thousands of years to develop.
Based on our recent State of Sustainability Report, 64% of respondents are currently using renewable sources, with another 21% intending to start within the next three years. With 34% stating that customer/consumer demand is the most influential factor driving them to use these materials, it is clear an industry shift is occurring.
That's why it's important to provide a wide range of chemicals that meet the renewable source criteria. These are materials that are bio-based, or plant-derived, and can be measured through C14 (carbon fourteen).
Classifying chemicals as renewable source
No greenwashing
Eighty percent of the industry has concerns about greenwashing. That's why we carefully review and hand-select the chemicals we classify as sustainable. For a product to be classified in our renewable source category, it must first pass a screening to ensure we are promoting options that are not counter-intuitive to sustainability.
Aligning to industry standards
For our renewable source chemicals, we follow the C14, or carbon fourteen, standard. This allows us to compare the percentage of renewable and fossil carbon and then select the materials aligned with industry standards. We closely follow innovations and regulations and remain agile in our approach to evolve as the industry does.
Insight article
3 promising renewable source and bio-based alternatives
Within the world of chemical intermediates, there is a great interest in sustainable alternatives to monomers and building blocks. And considering they make up the primary part of the formulas we see every day, this demonstrates a promising future for bio-based materials.
Over the last few years, some bio-based alternatives have shown both interesting and promising results when compared to their petro-based counterpart. Read our article to uncover 3 renewable source materials we have seen success with.
Fast facts
Did you know?
- 44% report lack of good alternatives as a barrier to using renewable sources
- 34% report customer/consumer demand as the top driver of renewables
- 50% state pricing as their top challenge to using renewables
'State of Sustainability' Report: Renewable Source Edition
In 2023, IMCD Industrial Solutions conducted an extensive global survey to understand the sustainable priorities, motivations, and challenges in industrial sectors. One of the areas explored was how renewable source materials are being used today.
Out of this, a first-of-its-kind report was developed on the 'State of Sustainability' in industrial sectors. Access your free copy of the Renewable Source Edition today to uncover new industry data and insights on the use of these materials across different regions, industries, and companies.
Take the next step in your sustainable journey
Contact our experts today to learn more about our Sustainable Solutions program and get started with your material selection.