BASF to Calculate CO2 Emissions of all Products
29 July 2020
BASF will provide its customers with total values of CO2 emissions, so called “carbon footprints” for all of its products. The Product Carbon Footprint (PCF) comprises all product-related greenhouse gas emissions that occur until the BASF product leaves the factory gate for the customer: from the purchased raw material to the use of energy in production processes.
“Sustainability and digitalization are core elements of our corporate strategy, which we are consistently implementing. By calculating the CO2 footprint, we bring both together and create much greater transparency for our customers regarding the specific emissions for each BASF product. This enables us to develop plans together with our customers to reduce CO2 emissions along the value chain up to the final consumer product,” says Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE.
BASF has been calculating PCFs for individual products since 2007. With the digital solution developed in-house, BASF will be able to calculate the PCF for its approximately 45,000 sales products based on a global level. BASF will start with selected product and customer segments in the coming months and plans to make PCF data available for the entire portfolio by the end of 2021.
Press Release Courtesy of BASF.