ESG transition in the petrochemicals trade

Among the sustainability challenges facing the global petrochemicals industry is the difficulty measuring Scope 3 carbon emissions along the supply chain. This challenge is particularly pressing for petrochemicals trading companies who must engage with a range of external stakeholders while making strategic decisions on the future of their shipping fleets and the optimisation of trade routes. Ahead of the release of Oxford Business Group's report on the innovation landscape in the Gulf chemicals and petrochemicals industry, Gina Fyffe, CEO at Integra, a global petrochemicals trading company headquartered in Singapore, shares her insights on how firms like hers are managing sustainability considerations. At the same time, she discusses how producers in the Middle East can leverage their strategic location and the regional appetite for innovation to establish an early-mover advantage in the transition towards a low-carbon economy.