allnex, the world's largest producer of industrial coating resins, operates more than 30 production sites and 20 research centres worldwide and employs over 4,000 people. According to Davy De Clercq, Sustainability Director at allnex, an overarching climate risk analysis was necessary:

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"Because our sites are spread across the globe, we wanted to assess the climate resilience of all our locations in the same data-driven way. We also included strategic suppliers and customers, which gave us a better understanding of the risks across our value chain."

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The climate risk analysis was carried out using two IPCC scenarios:

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• Business as Usual: leading to a global temperature rise of 2.7°C by 2100
• Net Zero 2050: limiting the temperature rise to 1.5°C by 2100

Eva Schobyn, Sustainability Consultant at Pantarein: "By examining the risks under these two scenarios, allnex is able to comply with climate-related legislation in the countries where it operates. This is important because international obligations are rapidly increasing."

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“In California, where allnex markets some of its products, the new Climate Risks Law (SB-261) applies,” Davy agrees. “This legislation requires companies to test the resilience of their climate risk strategies through specific scenario analyses. The law was due to come into force on 1 January 2026, but implementation is currently on hold due to ongoing legal proceedings. In Australia as well, climate risk reporting will become mandatory in the future."