The chemical sector plays a crucial role in addressing the climate crisis, but it is also responsible for a high level of greenhouse gas emissions, particularly from the supply chain. Together for Sustainability (TfS), a global initiative founded by six chemical companies, has introduced the Scope 3 GHG Program to monitor, manage, and reduce emissions throughout the chemical supply chain.
TfS launched the Product Carbon Footprint (PCF) Guideline in September last year, providing a step-by-step guide for chemical suppliers to calculate the carbon footprint of their products. The guideline has been downloaded over 7,000 times, raising awareness and encouraging chemical companies to set tangible emissions reduction targets.
Companies like Sika, Merck, and Covestro are implementing the PCF Guideline to calculate the carbon footprints of their chemicals and ensure transparency in their supply chains. The guideline is also being piloted by TfS members using Siemens SiGREEN technology to drive transparency and data exchange in the chemical sector.
Collaboration with companies adjacent to the chemical sector is crucial, as Scope 3 emissions typically account for over 70 percent of a business’ carbon footprint. TfS has partnered with industry associations and initiatives globally to promote the PCF Guideline as a solution for other industries that rely on chemical supply chains.
As the world approaches the 2030 milestone set by the Paris Agreement, TfS aims to mobilize members to engage with suppliers and share transparent data to account for emissions reductions along the value chain. The goal is to accelerate efforts and drive the transition to a low-carbon future.
In conclusion, TfS and its members are working towards reducing emissions and promoting sustainability in the chemical sector by implementing the PCF Guideline and collaborating with other industries. They aim to be catalysts for change and contribute to the global effort to combat climate change.