With the war in Ukraine, ongoing COVID-related lockdowns in parts of China, and inflation soaring worldwide, there is plenty to keep executives awake at night right now. Despite that, overall sentiment in the industry remains relatively positive, and there’s still plenty of focus on growth.
In this edition of Reaction Magazine, we continue our series, which focuses on diversity in the industry. I’m delighted to feature an interview with Mel Wisel, Vice President, Controller, and Chief Accounting Officer at The Chemours Company. Mel’s story is fascinating and inspirational, and I’m sure you’ll all enjoy reading about her career journey.
In addition, we cover two of the hottest topics in the industry right now: ESG and supply chain. It’s rare for me to have a conversation with a senior executive without topics coming up as significant issues and covering both in detail. Our global ESG leaders provide an overview of the recent regulatory changes and what they mean for global chemicals and materials companies. Our supply chain team also offers guidance on how companies can respond to the ongoing issues resulting from COVID, Ukraine, and raw material cost inflation.
Finally, our tax team looks at the 15% global minimum tax as part of the OECD’s base erosion and profit shifting (BEPS). They examine how Pillar Two of BEPS 2.0 may affect companies in the industry, many of whom have complex global tax structures.