BEGIN:VCALENDAR
VERSION:2.0
METHOD:PUBLISH
BEGIN:VEVENT
ORGANIZER;CN=ESTAD 2023:mailto:info@metec-estad.com
LOCATION:Room 1
SUMMARY:Unleashing the value of product carbon footprint in steel
DESCRIPTION:Growing pressures from consumers and regulators, and as a result downstream producers, are driving a push to de-carbonize supply chains. Steel is often one of the largest emitters in supply chains. Stakeholders along the steel value chain have an opportunity to capture value by abating emissions and communicating lower than competitor emissions using Product Carbon Footprint (PCF), cradle to gate LCA. By using PCF to differentiate green goods, companies can drive P&L gains: 1) gain a price premium and 2) capture market share. PCF also drives second-order value: a) allows for portfolio optimization toward green products, b) facilitates supplier ecosystem management, c) provides continued access to sell into markets with increasingly restrictive regulatory and carbon pricing landscapes, d) improves trust in brand. 

This value from PCF is expected to be transient, reaching a maximum in the mid-term (2025-2035). To gain this value, businesses must begin measuring PCF in the near-term. Long-term, PCF will become commoditized and required for market participation.  

Calculating PCF can be challenging. Best practice is to leverage estimates where needed (BOMs preferred), to build capabilities and a leadership position. Initial PCF estimates will be based on emission factors, leveraging digital tools, such as CO2 AI, Ellipse, etc. Companies should try to progressively improve the quality of their estimates using direct measures and PCF of their inputs, shared by suppliers. Inter-company data sharing tools are required to achieve this, such as CO2 AI x CDP Product Ecosystem, Integrity Next, etc. Finally, gaining value requires PCF be high-quality, verifiable, and communicable.  

In this paper, we take a deep dive into how PCF drives value and explore best practices for calculating PCF using a case study. We describe challenges in deriving PCF for a complex steel value chain, considering technologies, and various  forms of final product 
CLASS:PUBLIC
DTSTART:20230614T114000
DTEND:20230614T120000
END:VEVENT
END:VCALENDAR