Page 28 - Plastics News February 2025
P. 28

COMPANY NEWS



         Life Cycle Assessments digitalized:



         boosting transparaency




          ♦   Covestro finishes digitalization of product-      Group Innovation and Sustainability. Digitaliza-
             specific life cycle assessments (LCA)              tion is also the basis for data sharing along the
                                                                value chain.
          ♦   Annual update of environmental data for
             approx. 50,000 finished products available         Covestro calculated LCA data for products
             within the second half of 2025
                                                                Covestro  determines  the  specific  product  car-
          ♦   Methodology for calculation certified by          bon footprint and further environmental impact
             TÜV Rheinland                                      categories for its products. Covestro will provide
                                                                its customers with LCA data on the products in
                  igitalization is a major driver to improve    sale, thereby contributing to emissions assess-
                  sustainability  and achieve  full circular-   ments and potential subsequent emissions re-
          Dity. Covestro is focusing on more data-              ductions on the customers’ side.
          centric business management to achieve digital
          transformation and to offer its customers trans-      With this milestone achieved, Covestro demon-
          parency for its products.                             strates its willingness to walk towards full circu-
                                                                larity and climate neutrality by improving data
          The climate impact of Covestro in the manufac-        accuracy. Raw material impact data are col-
          ture of its products can be assessed using the        lected directly from suppliers or are taken from
          product  carbon  footprint  from cradle  to  gate,    external databases, while other input data, such
          which can now be calculated automatically for         as energy consumption and waste, are sourced
          about 50,000 finished products. The method-           from company Enterprise Resource Planning
          ology  for  the  automated  calculation  of  life  cy-  systems, such as SAP. In addition to the carbon
          cle assessment (LCA) of Covestro including the        footprint, Covestro offers five other environmen-
          product carbon footprint (PCF) is certified by        tal impact categories that the company consid-
          TÜV  Rheinland.  It complies  with  relevant  ISO     ers to be key, amongst others the acidification-
          standards and Together for Sustainability (TfS).
                                                                or photochemical ozone creation potential.
          “Digitalization enables us to gather and process      “We announced in Summer 2023 that we started
          larger data sets automated, while reflecting          the process. Within this year, we will have data
          timely changes at our production sites. No more       for the around 50,000 products, based on our
          manual Excel lists and manual calculations. This      present product portfolio. They will be updated
          increases efficiency and makes annual data up-        annually from now on. This means we are going
          dates easier. Only through digitalization we can      beyond the current market standard and dem-
          access and analyze real data efficiently enough,”     onstrating our leadership in driving this topic for-
          says  Dr. Torsten  Heinemann,  Global  Head  of
                                                                ward” says Heinemann.





             28   PLASTICS NEWS                                                                  February 2025
   23   24   25   26   27   28   29   30   31   32   33