PARIS, June 28,
2024 /CNW/ -- CO2 AI introduces the first scalable
solution to compute carbon emissions for thousands of products,
enabling companies to reduce their environmental impact.
To view the Multimedia News Release, please click:
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Traditional methods like manual Life Cycle Assessments (LCAs)
are slow, inconsistent, and costly. According to the 2023 Carbon
Survey by CO2 AI and Boston Consulting Group (BCG), only 38% of
companies receive adequate product-level data from suppliers.
CO2 AI's solution provides a scalable method to compute
emissions, adhering to leading industry standards with full
traceability and auditability.
"We're proud to enable sustainability leaders to transparently
respond to increasing customer requests and create more
eco-friendly products", notes Charlotte
Degot, CEO and Co-Founder, CO2 AI.
Proprietary Innovation to Compute Emissions at Scale
CO2 AI's advanced computation engine enriches raw data and
allocates emissions across the product development cycle. Using
Generative AI, it matches relevant emission factors to product data
in minutes, a process that previously took months.
Symrise, which manufactures 35,000 products for 6,000 customers
in 150 countries, leverages CO2 AI to achieve Net Zero in direct
emissions and a 30% reduction in indirect emissions by 2030.
"We are delighted to start a collaboration with CO2 AI to
measure product-level emissions at scale, from our 10,000 raw
materials to our 90 production sites", explains Claire Du Peloux,
Sustainability Project Manager, Symrise.
Reliable Emissions Data with Full Traceability
CO2 AI records all emissions data and computation methods in a
single source-of-truth. The methodology complies with standards
such as PACT, TfS, PEF, ISO 14067, and ISO 14044, ensuring
regulatory compliance.
Unlocking Actionable Decarbonization Opportunities
Detailed product footprints are essential for decarbonization.
Sustainability and R&D teams use this data to identify
emissions hotspots and simulate changes at the product or portfolio
level, enabling eco-design.
Facilitating Collaboration to Reach Net Zero
Indirect emissions from suppliers account for about 75% of a
company's carbon footprint, making collaboration vital for
achieving Net Zero. CO2 AI allows users to easily export and share
product footprints, meeting the demand for transparency while
enabling the decarbonization of entire industries.
To learn more:
https://www.co2ai.com/blog/co2-ai-unveils-the-first-solution-to-compute-product-footprints-at-scale
For more information, contact: Lisa Bardet, Head of Growth, CO2 AI –
lisa@co2ai.com
About CO2 AI
CO2 AI, the end-to-end sustainability platform, helps large and
complex organizations measure their impact, identify actionable
levers, and achieve large-scale reductions using AI.
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SOURCE CO2 AI