#2 - Planet - Navigating Product Carbon Footprint: Challenges, Opportunities and Best Practices

What this session is about: Join experts from Schneider Electric and BASF as they delve into the complexities of Product Carbon Footprint (PCF). Learn about the evolution of PCF calculation, challenges in obtaining accurate data, prevalent methodologies, reduction opportunities, and best practices crucial for supply chain decarbonization. The challenge: Accurately calculating and utilizing Product Carbon Footprints (PCFs) to drive Scope 3 emission reductions remains a significant challenge. Key issues include the difficulty of obtaining reliable primary data versus secondary data, inconsistent supplier capabilities, lack of standardization, and the complexity of multi-tier value chains. What you’ll learn by watching: - Why PCF is vital for tracking product decarbonization and meeting Scope 3 targets. - The superior accuracy of using primary vs. secondary data for PCF calculations. - Challenges in obtaining granular primary data and the need for a phased approach. - Where significant reduction potential often lies within the supply chain (Tier 2+). - The critical role of industry collaboration (e.g., TfS, PACT) for standardization and trust. Thematic Track: Planet Resources & Links: - TfS PCF Calculation Guideline: https://www.tfs-initiative.com/pcf-guideline - PACT Methodology Framework: https://wbcsd.github.io/tr/2023/framework-20232601/framework.pdf - Join The Sustainable Procurement Pledge Ambassador LinkedIn Group: https://www.linkedin.com/groups/8845732/ Keep the Conversation Going: Join the SPP community. Sign the Pledge. Let’s get it done—together. https://spp.earth/join/ #SPP #WSPD2025 #ProcureTomorrow #Sustainability