Carbon Footprint of Products (CFP)
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What is a Carbon Footprint of Products (CFP)?
A Carbon Footprint (CFP) quantifies the total direct and indirect greenhouse gas (GHG) emissions of a product during its entire life cycle, from raw material extraction and transportation, manufacturing, distribution, to usage and disposal. The CFP is typically reported in kg CO2 equivalents, which allows that different GHGs (such e.g. as methane) are considered on a common basis. CFP is based on the methodology of Life Cycle Assessment (LCA).
The importance of CFPs
Companies can benefit from Carbon Footprint of Products in various ways. A CFP can be used for sustainability reports, e.g. within the Scope 3 emission calculations within the GHG protocol or is part of voluntary climate protection programmes, and is mandatory to participate in emissions trading.
Having a Carbon Footprint of your product enables the identification of cost-effective CO2 reduction opportunities, and the management of your GHG emissions. Next to that, based on the calculated values of a carbon footprint, compensation projects can be supported through the purchase of so-called CO2 certificates. In this way, a contribution can be made to both a company’s and international or regional climate goals.
How is a CFP created?
CFPs are created by our experts in accordance with international standard ISO 14067, which connected to the international standards on Life Cycle Assessments (ISO 14040/14044). Once you have chosen us as your partner in sustainability, we will plan a kick-off meeting where our experts define the technical and organizational framework together with you. Product selection, life cycle stages and system boundaries are determined during this meeting. Afterwards, the data collection phase begins. All relevant data (as indicated by our experts) should be collected by you and be send to our experts. With this data, they can conduct the LCA, and create the EPD. During the second stage, our experts will calculate your products’ emissions by doing the LCA. The results of the LCA are given as the Carbon Footprint, meaning in kg CO2 equivalent. With these results, your CFP will be created.
Corporate Carbon Footprint
The Corporate Carbon Footprint (CCF) is a significant indicator used in sustainability reporting and helps with complying to directives like the Corporate Sustainability Reporting Directive (CSRD). Taking into account both direct and indirect emissions, it is calculated according to the Green House Gas Protocol and ISO 14064. By calculating and understanding your CCF, you can identify cost-effective CO2 reduction opportunities and manage greenhouse gas risks effectively.
Life cycle assessment (LCA)
A Life Cycle Assessment is used to quantify the environmental impacts of processes, products, services or organisations, usually as a basis for other sustainability applications such as Environmental Product Declarations, Product Environmental Footprints and CO2 footprints.
Create your life cycle assessment and EPD with R<THINK
R<THINK is a software application that enables companies to create Life Cycle Assessments (LCA), Environmental Product Declarations (EPD), and Carbon Footprints of Products (CFP), efficiently and according to international and European standards. With R<THINK you can carry out project-specific calculations as well as calculate the environmental impact of your entire product portfolio.
Environmental Product Declaration (EPD)
As in politics and society, sustainability efforts are also becoming increasingly important in the business world. Companies face the challenge of understanding the environmental impacts of their products in order to communicate them effectively. Environmental Product Declarations (EPDs) are a powerful tool for this purpose.
SEE-Standard – The Sustainability Standard for the mineral and metal sector
The increasing sustainability requirements for companies demand new ways to objectify, validate or confirm the sustainability performances of globally active companies. Supply chain due diligence in the mineral and metal sector is a key element regarding the envisaged sustainability transition. Especially under the consideration of existing and upcoming national and European directives on corporate supply chain due diligence, the SEE standard for the mineral and metal sector was developed.
