Multinational companies focus on carbon footprint of raw materials

As regulatory pressure mounts, multinational companies are paying more attention to the carbon footprint of raw materials, according to ICIS

Sourcing raw materials with a lower carbon footprint

The easiest and most direct way to solve the carbon footprint of raw materials is to change suppliers

Downstream emissions from the use of chemicals are extremely difficult to measure because they often have many different applications, explains Richard Hardman, Chief Technology and Sustainability Officer at Clariant in Switzerland

In terms of raw material procurement, Clariant is working on several means

Clariant also works with suppliers to calculate the carbon footprint of their sourcing raw materials and consults databases to calculate supplier-specific carbon footprints based on certain process technologies used

In terms of reducing Scope 3 emissions, Trinseo sees a great opportunity to use green ammonia

Lower carbon footprint with recycled materials

Purchasing more recycled materials is also a way for multinational companies to reduce their carbon footprint

　　Recycling technology company Agilyx is measuring the carbon footprint of recycled plastics and using its technology for consumers seeking to reduce their "Scope 3" carbon emissions

　　Bio-based raw materials are in high demand

　　Another major means of reducing carbon footprint in raw materials is the use of bio-based materials

　　To address Scope 3 emissions, Germany's Covestro plans to increase its purchases of bio-based toluene and benzene feedstocks

　　Thomas Topfer, CFO of Covestro, said: "Our production of renewable products is still very low, but thousands of tons have been produced and sold