INEOS Styrolution Launches Comprehensive Product Carbon Footprint Transparency Initiative

Driving Emissions Transparency

INEOS Styrolution, a leading producer in high-performance styrenics, has made a significant leap toward sustainability with the introduction of detailed Product Carbon Footprint (PCF) data across its entire product range. This initiative, powered by a state-of-the-art calculation tool, is designed to enhance transparency regarding emissions from product manufacturing and raw material sourcing.

Innovative Technology Supporting Sustainability

The PCF data is derived from the Atos PCF platform, which automates the assessment of carbon footprints and provides customers with critical information about their products’ environmental impact. The methodology utilized has been rigorously certified by TÜV Rheinland, ensuring it meets globally recognized sustainability standards. This endeavor not only aligns with international protocols but also sets a benchmark for accountability in the chemical sector.

Steve Harrington, the CEO of INEOS Styrolution, emphasized the commitment of the company by stating, "By measuring the carbon footprint of our global product portfolio, we take responsibility for our impact while enabling our customers to do the same." With the launch of this tool, INEOS Styrolution is at the forefront of providing transparent emissions data, aiding customers in tracking materials' scope 3.1 emissions, which primarily encompass indirect emissions from purchased goods and services.

Understanding Product Carbon Footprints

The concept of Product Carbon Footprint encompasses the total greenhouse gas emissions associated with a product, from the extraction of raw materials through to the manufacturing phase and until the product leaves the production site. This 'cradle-to-gate' examination allows companies and consumers alike to gain deeper insights into the climate impact of individual products and identify opportunities for emission reductions throughout the supply chain.

Scope 3 emissions, a critical aspect of overall corporate emissions, hold special significance for manufacturers such as INEOS Styrolution. These emissions pertain to indirect emissions occurring throughout the value chain. Among these, Scope 3.1 is particularly vital, as it captures emissions related to purchased goods and services, often representing the largest share of emissions for many manufacturers.

By implementing this automated, product-specific carbon footprint calculation method, INEOS Styrolution is pioneering a revolutionary approach in the chemical industry, making it one of the few companies to provide detailed emissions data on a per-product basis.

Commitment to Sustainability

INEOS Styrolution aims to empower its clients with the necessary information to not only understand their environmental impact but also take proactive steps toward reducing emissions. The provision of PCF data reflects the company’s dedication to sustainability and aligns with the broader movement toward more responsible industrial practices. Utilizing internationally accepted standards such as ISO 14067:2018 and the Together for Sustainability (TfS) PCF Guideline, INEOS Styrolution reinforces its commitment to environmental stewardship.

For customers across diverse sectors like automotive, healthcare, electronics, and construction, the product-specific carbon footprint details will facilitate improved decision-making regarding sourcing and supply chain management, while fostering compliance with climate-related regulations and enhancing efforts towards sustainability targets.

A Global Effort Toward Sustainability

INEOS Styrolution has a vast experience over more than 90 years in material science, operating 16 production sites worldwide, allowing for a blend of global reach and localized expertise. This innovative approach not only meets customer demands but also drives INEOS Styrolution's mission to deliver high-performance, safe, and sustainable products into the market.

By actively addressing carbon emissions, the company not only fosters transparency but also promotes environmentally responsible practices. For more information on how INEOS Styrolution is leading the charge in emissions transparency and sustainability, visit their official website at www.ineos-styrolution.com.