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TfS and Catena-X sign Memorandum of Understanding to decarbonise the industry

The aim of this MoU is to increase availability of primary PCF data for chemical and plastics raw materials used in automotive applications, calculated in a consistent manner, and to ensure interoperability in data models for PCF data exchange.

With the aim to track reduction of CO2 emissions in the automotive value chains, TfS signed a Memorandum of Understanding (MoU) with Catena-X, the association of leading automotive OEMs and equipment suppliers. Catena-X is building a trustworthy, collaborative, open and secure data ecosystem to enable end to end data chains for core automotive business processes.

The aim of this MoU is to increase availability of primary PCF data for chemical and plastics raw materials used in automotive applications, calculated in a consistent manner, and to ensure interoperability in data models for PCF data exchange. The collaboration supports the ultimate aim to reduce CO2 emissions in the industry.

In September 2022, TfS launched a Product Carbon Footprint (PCF) Guideline for the calculation of PCFs for chemical and plastics, which is designed as drop-in sectoral standard for downstream industry verticals employing such raw materials. In 2023 TfS will run a pilot to test the IT platform that will enable companies to share and update their PCFs efficiently and in a trusted environment. The IT platform will be launched end of the year.

The joint efforts of TfS and Catena-X will support manufacturers in the design of automotive components and climate conscious procurement of raw materials, enhancing PCF transparency, comparability and calculation consistency.

 

 

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