Olaf STANGE, Chair of the Together for Sustainability (TfS) Initiative workstream on Scope 3 greenhouse gas (GHG) emissions

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Can you share an overview of the PCF Exchange solution and what led to its development?
The Product Carbon Footprint (PCF) Exchange solution is a platform designed to transform how companies in the chemical sector manage and reduce emissions across their supply chains. With the chemical industry being the third highest contributor to global carbon emissions—more than three quarters of which are attributable to Scope 3 sources—the need for effective solutions is critical. Recognising this challenge, Together for Sustainability (TfS) launched the PCF Exchange solution, powered by Siemens’ SiGREEN technology. The digital tool enables secure and efficient emissions data exchange between customers and suppliers, paving the way for enhanced collaboration and transparency in decarbonisation efforts. It is worth noting that no data will be stored on the platform, and full ownership of the data will remain exclusively with the company providin ... ...