Product Carbon Footprint of Raw Materials
Greenhouse gas emissions associated with raw materials are an important part of our overall carbon footprint
BASF Vision and Target
The transition toward a climate-friendly society is a fundamental challenge of the 21st century. Already by 2030, BASF wants to reduce its own (Scope 1 and 2) greenhouse gas emissions worldwide by 25% (vs 2018). Despite the growth of our business BASF is committed to have net zero CO2 emissions by 2050. Our new climate goals underscore BASF’s determination and commitment to the Paris Climate Agreement.
Carbon Footprint of our products
To serve our customers with the lowest carbon footprint materials possible, focusing only on reducing Scope 1 and 2 emissions is not enough. On average, around 70% of the carbon footprint of our products originates from our purchased raw materials (upstream Scope 3 emissions).
Supplier involvement
We invite our suppliers to join our Supplier CO2 Management Program. In this program, we first aim to achieve transparency on the product-related CO2 emissions of our purchased raw materials. In this phase, we offer our support and share our knowledge on Product Carbon Footprint (PCF) valuation methodologies and tools with our suppliers. In a second phase, the improvement phase, we will jointly identify levers and targets with our suppliers to reduce these GHG emissions.
Getting in touch
We started contacting our raw material suppliers with more information on the collection of the product carbon footprint data. If you already have questions, you are very welcome to contact our Supplier CO2 Management Team, part of the BASF procurement team.
Watch our video about CO2 footprints for raw materials
