Venator automates carbon footprint calculations with Atos
Global chemical manufacturer and marketer Venator is working with Atos to automate how it estimates the carbon footprint of its products. The digital solution will enable Venator to assess its portfolio and production network in terms of CO2 emissions and take action to reduce them.
Venator is a global company, producing a broad range of pigments and additives that protect and extend product life, and reduce energy consumption. The firm employs 3,500 people and sells products in over 100 countries. As it looks to reduce the environmental impact of its operations, this wide footprint can make it challenging to monitor its emissions – or efforts to improve it.
That’s where Atos comes in. Between October 2022 and March 2023, Venator will be collaborating with the IT consultancy, using a digital solution it provides to calculate product carbon footprints (PCF) for the chemical industry. The process will help Venator gather key insights in line with its existing ERP and data landscape.
“Our collaboration has shown that Venator is in a very good position to build an automated PCF with their excellent data and ERP process foundation,” explained Stuart Lemmon, Head of Net Zero Transformation Practice, at Atos. “With this project, Venator will be able to have a clear, transparent, and comparable PCF for the products in the scope. They will also be able to gain valuable insights into internal and external supply chain dependencies, supported by the graph visualisation, which can help them in developing sustainability commitments which span the entire supply chain.”
The PCF calculation tool and methodology developed by BASF are based on Life Cycle Assessment methodology, calculating cradle-to-grace PCF figures. Atos was selected as a partner to develop and distribute a software platform to make this tool and methodology available to the industry. Both companies see this digital solution as important for the chemical industry sector to drive the reduction of greenhouse gas emissions towards net zero, and an excellent example of how digital technology can be leveraged to monitor and manage greenhouse gas emissions.
Rob Portsmouth, Senior Vice President, Sustainability at Venator, added, “We’re acutely aware that what we do today will impact the world tomorrow. Working in a sustainable way is central to our business. We’re proud of our progress but we know we can go further. Working with Atos to automate the carbon footprint calculation of our products is a big step forward. It will help Venator achieve our ambitions by identifying improvements needed to make our business and our product portfolio even more sustainable. Providing product carbon footprint data will also help our customers make more informed choices.”
