Knowledge Forum for Suppliers: WACKER Carbon Footprint Conference

To correctly determine the carbon footprint of each product and of the Group as a whole, it is essential to have precise knowledge of the carbon emissions connected to the purchased purchased, i.e. the values brought along from the upstream chains. To obtain comparable values, we require a calculation methodology that adheres to uniform rules. That is why TfS, an initiative of more than 40 leading chemical companies, has developed a scientifically based, uniform methodology as an industry standard. Suppliers to the chemical industry benefit from the fact that once correctly calculated, values can be used for all customers.

At the WACKER Carbon Footprint Conference 2023, the procurement team explained the TfS methodology to suppliers. This methodology forms the basis for calculating a product carbon footprint (PCF). The reporting of PCFs for certain raw materials and packaging materials has become mandatory since 2023. In the coming years, the disclosure of additional materials will become mandatory, depending on their relevance to WACKER.

"The TfS methodology offers us a tool that enables a simple, transparent and objective determination of the product carbon footprint for suppliers to the chemical industry," said

Dr. Erk Thorsten Heyen, head of Procurement & Logistics. "We require correctly calculated values by the end of 2023 so as to obtain a data basis on which we can talk to suppliers about concrete measures to reduce upstream emissions."

Further information as well as guidelines and recordings of information events are available online