A consortium of chemical companies focused on reducing Scope 3 emissions will deploy a data-sharing solution from Siemens to help measure their product carbon footprint, Siemens said on May 16.
The initiative, Together for Sustainability (Tfs), comprises 47 chemical firms that assess and audit suppliers’ environmental impact. The organization will pilot Siemens’ Sigreen solution to see if it can scale product carbon footprint data-sharing to all members.
Sigreen serves as a type of carbon DNA decoder for products, helping companies understand when and where emissions occur along their supply chain, according to Siemens. The system assigns a verifiable digital credential to the respective CO2 value for each stage of the value chain. The verifiable credential provides contains metadata that helps companies assess the carbon value’s origin and trustworthiness.
Scope 3 emissions are particularly challenging for chemical producers because it involves pollution that they don’t directly generate. As Chemical Processing columnist Michiel Spoor explains, these emissions can come from sources such as feedstocks. This is where carbon tracking and data sharing becomes increasingly important, as Bertrand Conquéret, president of Together for Sustainability, notes.
“Sigreen will equip us with the solution for embedding our product carbon footprint guideline in operations at scale,” says Conquéret, who also serves as president of global supply chain and chief procurement officer at Henkel. “This will enable us to tackle the chemical industry’s Scope 3 challenge. TfS members, their suppliers and customers are looking forward to piloting the data sharing solution offered by Sigreen. A trusted environment where all partners can safely share their PCF (product carbon footprint) data powered by the Together for Sustainability PCF (product carbon footprint) guideline is a vital step and accelerator in driving decarbonization across the chemical industry.”
