Product Carbon Footprinting

Address your company’s climate footprint while aligning with overall business goals.

Product Carbon Footprinting

Address your company’s climate footprint while aligning with overall business goals.

What is Product Carbon Footprinting?

Product Carbon Footprinting is a specialized service to help businesses understand, address, and adapt to challenges posed by climate change. Product Carbon Footprinting plays a vital role in addressing the global climate-related challenges by providing expert guidance and practical solutions to reduce emissions and contribute to a more sustainable future.

Understanding the Urgent Climate Change Crisis

Climate change is a complex challenge that requires efforts at all levels to mitigate its effects. The planet is rapidly warming resulting in adverse and potentially catastrophic consequences for people and business as it exists today. Businesses play a vital role in addressing this critical global challenge and must continue to adapt to the climate of the future.

Why You Need Product Carbon Footprinting Services

Knowing your organization’s carbon footprint is only the first step toward strategically managing your carbon emissions. There are many emerging climate-related standards, goal-setting frameworks, and action opportunities that present potential challenges and value-add. Many businesses today must:

Expertly navigate net-zero, carbon-neutral, and carbon footprint related opportunities

Measure carbon impact across all areas of business, including manufacturing, business travel, events, R&D, supply chain, waste & more

Develop an achievable decarbonization or net-zero plan that aligns with existing strategy and long-term planning

Respond to investor, customer, and stakeholder inquiries involving your carbon footprint and steps you're taking to reduce it

Prepare for SEC requirements for climate-related financial disclosure requirements

We are Specialists in Product Carbon Footprinting.

Third Partners specializes in Product Carbon Footprinting, offering a one-stop solution to climate change and carbon emissions-related business concerns.

 

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Our Approach to Product Carbon Footprinting

1. Develop a GHG management and reporting strategy

Pinpoint key business activities, stakeholder concerns, and opportunities at the product and enterprise level

2. Execute and Improve Performance

Implement GHG management strategy with proper governance channels and identify impact mitigation options by price, feasibility, and relevance to your market and sector

3. Report and Disclose

Communicate impact internally and externally to investors, employees, customers, and regulatory agencies using any number of external frameworks including CDP, GRI and more”

We are Specialists in Product Carbon Footprinting.

Third Partners specializes in Product Carbon Footprinting, offering a one-stop solution to climate change and carbon emissions-related business concerns.

Product Carbon Footprinting: Client Testimonial

“The climate impact model has set the foundation for all future modeling and predictive analytics for the company’s sustainability practice. On a practical level, the process of coming up with a comprehensive list of data needs and KPIs to be measured resulted in a master data list that continues to be our first point of reference in analytical work. The results of the model – that highlighted our greenhouse gas hotspots, as well as water, land and plastic use – served as a basis for prioritization efforts going forward, which has influenced our marketing strategy and enabled us to begin developing new solutions and related claims that we can be confident in.”

Hannah B.
Global CSR and Sustainability Specialist, Sensei Ag

Product Carbon Footprinting: Client Testimonial

“The climate impact model has set the foundation for all future modeling and predictive analytics for the company’s sustainability practice. On a practical level, the process of coming up with a comprehensive list of data needs and KPIs to be measured resulted in a master data list that continues to be our first point of reference in analytical work. The results of the model – that highlighted our greenhouse gas hotspots, as well as water, land and plastic use – served as a basis for prioritization efforts going forward, which has influenced our marketing strategy and enabled us to begin developing new solutions and related claims that we can be confident in.”

Hannah B.
Global CSR and Sustainability Specialist, Sensei Ag

Product Carbon Footprinting FAQs

A product carbon footprint (PCF) quantifies the greenhouse gas emissions associated with a product’s raw materials, manufacturing, use, and disposal. PCF helps businesses understand their environmental impact, address climate change risks and stakeholder inquiries, and align their operations with crucial business goals. Third Partners has conducted PCF across industries and works to understand your objectives before embarking on a study, ensuring we right-size the scope and don’t go deeper than your goals dictate.

Product Carbon Footprinting specifically measures emissions tied to an individual product’s lifecycle. Corporate carbon accounting typically encompasses emissions across an entire organization’s operations. Third Partners provides both types of studies and can help you determine which one suits your goals.

Our approach to product carbon footprinting is flexible and tailored to your specific needs. Unlike competitors who often start with a full Life Cycle Analysis (LCA), we begin by understanding your goals. If a comprehensive LCA with primary data is necessary, we will provide it. However, for most companies, a directional understanding of their carbon footprint and the trade-offs between different materials or processes is sufficient. This allows us to create a solution that meets your exact requirements without unnecessary complexity or cost.

Since 2013, Third Partners has helped businesses across various sectors navigate sustainability challenges efficiently. Our Product Carbon Footprinting (PCF) solution combines expert guidance with a results-driven approach to precisely measure, interpret, and improve your product’s environmental footprint. We prioritize your specific goals for the PCF study to ensure a focused, effective process and avoid going deeper than necessary.

Third Partners performs Product Carbon Footprinting (PCF) using industry best practices. While we prioritize primary activity and supply chain data, it’s not always complete. In such instances, we supplement with the most reliable emission factors and proxy data to ensure a comprehensive lifecycle assessment.

Yes, Third Partners helps businesses address their company’s climate footprint and adapt to challenges posed by climate change, which includes navigating evolving requirements. By providing detailed product carbon footprint analysis, Third Partners can equip you with the data and insights necessary to align with carbon labeling and climate disclosure initiatives.

A quick PCF with proxy data can cost as little as $12k, while a full-scale LCA with primary data can run up to $100k. Rarely is a full-scale LCA necessary, and usually our fees are closer to the lower end of the range for a usable, problem-solving PCF.

Third Partners guides you in providing the minimum necessary data for your product carbon footprint. This typically includes activity data from points across the product’s lifecycle: raw material quantities and weights, manufacturing process data, transportation details, and product use and/or waste management information.

Product carbon footprinting with Third Partners directly supports your ESG goals by addressing the “E” for Environmental. By understanding and reducing your product’s emissions, you demonstrate a commitment to sustainability. This aligns with your overall business goals and contributes to achieving growth through positive environmental impact, enhancing your broader ESG strategy.

Yes, a carbon footprint study from Third Partners can certainly help with eco-labels or certifications. By understanding and addressing your product’s carbon footprint, you gain the data and insights needed to demonstrate environmental performance. This supports your eligibility for various eco-labels and certifications, signaling your commitment to sustainability to consumers and stakeholders.

Once a PCF study is complete, Third Partners can also provide a reduction roadmap that outlines actionable steps to minimize emissions. Our reduction roadmap focuses on “hotspots” in the lifecycle to identify and set clear, measurable targets, often aligned with science-based initiatives. Typical outcomes involve optimizing material use, transitioning to renewable energy, collaborating with suppliers for lower-carbon options, and improving product design and end-of-life processes to achieve verifiable emissions reductions.

Contact Third Partners to elevate your sustainability efforts with expert Product Carbon Footprinting.

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