Companies in the food industry that are currently adjusting to CO2 pricing will benefit from this in the future. The prerequisites for this are available in the form of standards and technology.
Product carbon footprints can have complex dimensions. A decisive factor is the number of players along the raw material extraction, production, trade and sale to the end consumer. We recommend that retailers first focus on private labels in order to have direct access to the upstream. In relation to the PCF of a specific product, the following applies: first create transparency, then avoid and reduce CO2 emissions and only compensate for the absolutely unavoidable emissions.
Besides the step-by-step procedure and the already mentioned focus on the PRODUCT CARBON FOOTPRINT the following has to be considered:
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Scientific findings apply to climate change – and so do measures against climate change. CO2 targets should therefore also be based on these. Organizations such as the Science Based Targets Initiative (SBTi) promote such an approach and offer support in defining and validating targets.
DRAWING ON EXISTING BEST PRACTICES
There are a number of standardized procedures for the assessment of PCF and climate neutrality. Among the best known are the Greenhouse Gas Protocol (GHG), as well as the standards PAS 2050 and ISO 14067, which offer a methodical approach and thus efficiency in product evaluation. They also increase the comparability between products and thus the production and supply chain. In the consumer goods sector, a particular advantage is the higher credibility with the end customer through the use of established standards.
PRODUCERS, DISTRIBUTORS AND RETAILERS ACTING AS PARTNERS
Sustainability is not a one-man show. CO2 transparency requires the participation of all actors along the up- and downstream. Upstream, common methods and secondary data must be agreed upon. In the downstream, primary data can be collected to cover the entire life cycle. By using common data sources, structures and methods, initiatives along the production, supply and trade chain can be implemented and evaluated more efficiently.