INEOS

This award is bestowed upon INEOS for its exemplary leadership as an Industrial Transformation Leader in Decarbonisation Investment. This recognition celebrates the firm's bold and multi-faceted approach to significantly reducing CO2 emissions within its extensive operations, prominently highlighted by the multi-billion euro ""Project One"" investment. This flagship endeavour, aimed at constructing a state-of-the-art ethane cracker in Antwerp with a carbon footprint less than half that of Europe's top 10% of steam crackers, represents an unparalleled commitment to industrial decarbonisation through the deployment of best-available technology.

Furthermore, INEOS's proactive engagement in large-scale collaborative initiatives, such as Antwerp@C, which targets an ambitious 50% CO2 reduction within the Port of Antwerp by 2030, underscores its systemic impact. The firm’s strategic capital deployment also extends to the diligent exploration of pioneering solutions like green hydrogen—exemplified by the Köln feasibility study set to cut over 100,000 tonnes of CO2 annually—and advanced carbon capture technologies, such as the Acorn project in Grangemouth aiming to capture one million tonnes of CO2 by 2027.

This comprehensive and strategic approach demonstrates a clear and formidable path towards achieving net-zero emissions by 2050. INEOS is thereby setting a robust precedent for heavy industry in mobilising substantial investment for large-scale, genuinely impactful decarbonisation, solidifying its role as a global leader in industrial climate action.