thyssenkrupp Materials Services and CarbonChain have announced a partnership to enhance low-carbon procurement through a new carbon traceability and intensity tool.
Customers and suppliers of thyssenkrupp Materials Services’ distribution networks across Europe now have the ability to access product carbon footprints on demand. This digital solution delivers carbon reports to support informed decisions towards low-carbon purchasing. It offers detailed “cradle-to-customer” calculations to guide decarbonisation efforts throughout the supply chain.
Utilising CarbonChain’s carbon accounting technology, thyssenkrupp Materials Services is improving its ability to track product carbon footprints.
This initiative introduces a cutting-edge tool for traceability and carbon intensity to both customers and suppliers of Materials Eastern Europe and Materials Western Europe divisions of thyssenkrupp Materials Services.
The goal of this partnership is to enhance the standards for emissions transparency and the quality of data, enabling the provision of more precise carbon intensity figures more swiftly.
The tool will apply asset-specific emissions factors and activity-based calculations, moving away from the use of global averages.
This approach will make it simpler for those in search of materials with lower carbon content to identify, evaluate, and choose such materials, aiding them in developing sustainable purchasing strategies that align with their ambitions for net-zero emissions.
The metals emissions database maintained by CarbonChain will be expanded with direct data from suppliers to thyssenkrupp Materials Services, including information on steel, stainless steel, aluminium, and other metals.
These materials are linked to approximately 12% of global greenhouse gas emissions, presenting significant opportunities for emission reductions. For example, the carbon intensity of a tonne of primary aluminium might range from as low as 3 tonnes of carbon dioxide equivalent (CO2e) to over 28 tonnes of CO2e, influenced by the energy sources’ carbon intensity and the production methods used.
thyssenkrupp Materials Services will provide detailed product carbon footprint reports upon request, quotation, or delivery, outlining emissions by life cycle stage and source. These reports offer transparent insights into carbon hotspots and cover all greenhouse gas emissions from the production origin to the customer’s gate.
Jörg Heiles, CEO Operating Unit Materials Eastern Europe said, “thyssenkrupp Materials Services is committed to driving carbon transparency in the metals industry. Our enhanced product carbon footprint calculator will provide full supply chain transparency and intensity calculations, so that procurers can make more sustainable choices and prepare for carbon regulations that are spreading through metal supply chains.”
Adam Hearne, CEO and Co-founder of CarbonChain, said, “Procurers can’t meet their net-zero targets without knowing the carbon footprint of the goods they buy. Meanwhile, metals producers who are decarbonising their industrial processes are facing barriers to quantifying and reporting their emissions reductions. thyssenkrupp Materials Services and CarbonChain are uniquely placed to bridge this gap and provide on-time, quality data for carbon-informed trade.”