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"In essence, industries will need to align on shared methodologies and manufacturers will need to embrace the principle to share their product carbon footprint data with their partners along the value chain. As BASF, we are sharing our know-how on determining the carbon footprint of products and we are actively engaged in numerous industry and cross-industry consortia to foster the alignment on a common lifecycle assessment methodology. And being a value chain partner to almost all industries, BASF needs a harmonized data exchange eco-system, which fosters collaboration and integration across technology solutions and product value chains. This is the great achievement of the Partnership for Carbon Transparency by WBCSD. Because only with the correct information at hand can we take effective action."

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"We will be prioritising partnerships with suppliers that help us reduce our emissions, and we will be integrating climate related performance into our purchasing processes, not as an add-on or nice to have, but really as an integral part of our business strategy.”

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“By enabling consistent and reliable carbon emissions data sharing across global supply chains, the WBCSD PACT fosters credible climate action worldwide. 


Dow takes pride in contributing to this leading initiative, which is pivotal to increasing transparency and trust in our progress toward a net-zero future.”