Germany-based high-performance plastic sheeting manufacturer Covestroannounces that it plans to cut half its energy use per ton of manufactured products by 2030 compared to its baseline year of 2005.

The company made the announcement recently at the Energy Efficiency Global Forum in Washington D.C., where Covestro joined the newly-launched campaign called “Energy Productivity (EP) 100.” The campaign is part of The Climate Group, a non-governmental organization with members from the worlds of business, politics and society who are working together to lower emissions on the planet.

Covestro is one of the first companies to join the EP100 initiative and hopes to be seen by other businesses as a role model. Companies that take part are committed to demonstrating their roles as leaders in energy efficiency by boosting their energy productivity—in other words, increasing economic output from the energy they use—and thus pave the way forward to a future of clean energy supplies.

Sustainability is a core element of the Covestro business strategy, the company says. It works continuously on processes and solutions for reducing its energy use and CO2 emissions. Covestro recently announced its intention to halve its specific CO2 emissions by 2025 relative to a baseline of 2005. The company nearly reached the previous target—a reduction of 40 percent relative to 2005—in 2015. And as far as increasing energy efficiency, Covestro had set the target of 30 percent by 2020 and achieved it in 2015.

“The chemical and plastics industry contributes to resource conservation and energy efficiency with its products and solutions, but it also requires a lot of energy,” says Richard Northcote, the company’s chief sustainability officer. “And that is why we can—and want to—do our part toward fulfilling the United Nations Sustainable Development Goals. To reduce your own energy use by half—or to double your energy productivity—may seem impossible to some companies today. But initiatives like EP100 motivate us, and hopefully many others, to apply intelligent solutions and indeed make possible what is now considered impossible.”