Business & Financial News | July 28, 2020

Media

BASF calculates CO2 footprint of all sales products

  • BASF as the first chemical company with transparent emission data for the entire portfolio of approximately 45,000 products
  • Data from the BASF Verbund and a new digital application help BASF customers to better measure and reduce their own CO2 footprint of their activities and end products
  • Already today, BASF offers customers products with reduced carbon footprint based on renewable or recycled raw materials according to the mass balance approach

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.

“Climate protection issues are also becoming increasingly important for our customers. In the future, we will be able to support them with reliable data so that they can achieve their climate targets,” said Christoph Jäkel, Head of Corporate Sustainability. “With the help of PCFs, our customers can identify where the levers for avoiding greenhouse gas emissions are. We are already offering them the opportunity to reduce the carbon footprint of selected products by using alternative raw materials and renewable energies”.

One example is BASF’s biomass balance approach, in which fossil resources are replaced by renewable raw materials from organic waste and vegetable oils in the production Verbund and mathematically allocated to the sales product. Another example of the application of the mass balance approach is the ChemCyclingTM project. Since 2020, BASF has been offering its customers the first commercial quantities of products for whose production chemically recycled plastic waste is used as a raw material at the beginning of the value chain. BASF’s sales products from both approaches have the same properties as products based on purely fossil raw materials – but with a lower carbon footprint.

Climate protection is an important part of BASF’s strategy. BASF has set itself the goal of keeping production-related emissions constant until 2030 despite further growth. BASF is pursuing a three-pronged approach consisting of increasing its production and process efficiency, purchasing electricity from renewable sources and developing fundamentally new and low-emission processes.

Comparable standards necessary

BASF has been using sustainability assessment methods for 25 years. This includes the collection and processing of data for the measurement of sustainability contributions, as is currently used, for example, in SEEBalance® or Sustainable Solution Steering. BASF’s PCF calculation is based on substantial data from the collection of emissions in its own production network and high-quality average data for purchased raw materials and purchased energy. The methodology follows general standards for life cycle analysis such as ISO 14044 and ISO 14067 as well as the Greenhouse Gas Protocol Product Standard.

BASF is committed to the introduction of product-specific guidelines for the calculation of PCFs in the chemical industry in order to create an industry-wide level playing field and comparability for products. “We are working with various partners to promote standardization,” says Jäkel.

You can find more information and an animation about the product carbon footprint here.

 

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 117,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €59 billion in 2019. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.

 

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Christine Haupt
Corporate Media Relations
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Last UpdateJuly 28, 2020