Energy Efficiency, GHG Emissions, Industrial - September 7, 2022
BASF to Use Carbon Footprint Data
BASF is creating a partnership to receive comprehensive and consistent product carbon footprint (PCF) data for chemicals and plastics in alignment with the BASF PCF methodology.
The partnership with Carbon Minds, a provider of a regionalized database for chemicals and plastics, includes the development of a new, wide-ranging database with more than 80,000 datasets covering over 1000 chemical products in 190 regions.
The new database is tailored to companies using the BASF methodology in their product carbon footprint calculations due to a new system model which aligns with BASF's existing carbon footprint methodology.
Through this initiative, Carbon Minds and BASF aim to promote the harmonization of carbon footprinting methodologies across industries and create the conditions for comparable carbon footprints for chemical and plastics raw materials.
"The main benefit of large-scale carbon footprinting is industry-wide transparency over carbon performance,” said Alessandro Pistillo, Director, Digital Strategic Projects at BASF in a statement. “However, there is no use in transparency alone without clear standards: therefore we are actively contributing to the establishment of a sectoral standard for the chemical industry with this new partnership and other initiatives. We are also working in close collaboration with peers, customers and suppliers in the Together for Sustainability initiative and preparing a guideline for chemicals as a drop-in solution for other frameworks as well."
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