How does CSRD affect plastic manufacturers with fossil-based raw material?

Stricter climate reporting requirements:
CSRD requires companies to report emissions in Scope 1 (direct), Scope 2 (indirect) and Scope 3 (entire value chain). Plastic manufacturers must report emissions from raw material extraction, production and use of plastics.

Reduced dependence on fossil raw materials:
Increase the share of bio-based or recycled raw materials and invest in low-carbon technologies andexplore circular business models such as recycling.

Transparency on resource efficiency:
Companies must demonstrate life-cycle responsibility by improving the recyclability of plastics, implementing ‘design for circularity’ and using sustainability certifications such as ISCC PLUS.