Together for Sustainability (TfS), a global initiative of 47 chemical companies, uses Siemens Sigreen to exchange data on their products’ carbon footprints
The pilot project aims to demonstrate the scalability of product carbon footprint data interaction across the chemical industry
The chemical industry is a pioneer in the field of product-related environmental data interaction

The global initiative, Working Together for Sustainable Development (TfS) and Siemens have announced a decarbonization collaboration to advance the sustainable development of the chemical industry. The group is made up of 47 multinational companies that aim to promote sustainable development of the chemical industry supply chain, including some chemical giants. As a technology company driving innovation and a benchmark in automation technology and industrial software, Siemens will leverage the strong capabilities of Sigreen, a trusted actuarial and traceability solution, to empower the chemical industry.

The collaboration between Siemens and TfS is a key step in promoting the low-carbon transformation of the global chemical industry. Both sides will give full play to their respective advantages and explore the scalability of product carbon footprint data interaction in the chemical industry. According to the cooperation agreement, TfS will first pilot Sigreen in a small area to summarize the relevant experience of safe and trusted interaction of carbon footprint data of products in the chemical industry. After the pilot, all TfS member enterprises will deploy Sigreen.

3BHE039203R0101 GVC736CE101

3BHE039203R0101 GVC736CE101

3BHE039203R0101 GVC736CE101

“This partnership with TfS marks an important step for the global chemical industry. “We will help promote sustainability across the chemical industry, which will serve as a blueprint for other industries.” Roland Busch, Chairman, President and Chief Executive Officer of Siemens AG, said: “Sigreen enables companies to exchange supply chain carbon emissions data securely and credibly. Based on this information, companies can further optimize their decisions to reduce their carbon footprint.”

Bertrand Conqueret, president of TfS, said: “Sigreen will support our scale-up application of the Product Carbon Footprint Guidelines in our operations, which helps us meet the ‘Scope three’ carbon emissions challenge of the chemical industry. “TfS member companies and their suppliers and customers are excited to trial Sigreen-based data sharing solutions to create a trusted environment that enables all partners to securely share product carbon footprint data based on the TfS Product Carbon Footprint Guidelines, a key step to driving and accelerating the low-carbon transition across the chemical industry.”

According to CDP’s 2022 Global Supply Chain Report, upstream supply chains account for 90 percent of supply chain carbon emissions. Sigreen will help integrate the carbon emissions of the whole value chain. With the help of Sigreen, supply chain enterprises can safely and credibly exchange product carbon footprint data and establish a climate-neutral value chain according to the interactive data and their own carbon emissions, so as to promote their own sustainable development.

The chemical industry is a pioneer in product-level environmental data interaction

All TfS member companies are committed to decarbonizing their supply chains. In 2022, TfS published the Product Carbon Footprint Guide, which aims to standardize the way the industry calculates its carbon footprint.

At present, the chemical industry is relying on Sigreen to create a standardized product carbon footprint data interaction solution. With this solution, companies can determine and manage product carbon footprints across their supply chain based on vendor-specific data. Users will benefit from this cross-industry carbon accounting method. Sigreen is Siemens’ Trusted actuarial and traceability solution for carbon footprints and is part of the portfolio of Siemens Xcelerator, an open digital business platform designed to empower companies to accelerate digital transformation.