Challenge background
The majority of company emissions typically lie in a company’s supply chain, which requires the calculation and exchange of Product Carbon Footprints (PCFs) to accurately measure and manage the GHG emissions. Given suppliers and customers do not always use the same identification schemes, commonly and uniquely identifying the same product is a painful challenge – especially at scale.
Whilst PCF exchange is still in its infancy, it is rapidly scaling. In 2023, through the PACT Implementation Program, more than 900 companies were engaged to share 1,350+ PCFs. In 2024, this number is projected to scale to at least 10,000 PCFs exchanged. While this is excellent progress, only a small percentage of these PCFs are shared digitally, via software, not spreadsheets. We aim to significantly increase the number of digital PCF exchanges.