Friday, November 22, 2024

Asahi Kasei to Start Providing Carbon Footprint Data for Each Product of Performance Resins

Asahi Kasei, a diversified Japanese multinational company, has established a platform jointly with NTT DATA Corp. to grasp the amount of GHG emissions and calculate the carbon footprint of products for each grade of performance plastics used as molding material for automotive parts, consumer electronics, etc. The applicable performance plastic products are Leona™, Tenac™, Tenac-C™, Xyron™, and Thermylene®. Use of the Platform began in April 2022, and CFP data provision to customers will begin in May 2022.

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The Asahi Kasei Group made efforts to strengthen the business platform for sustainable growth from the viewpoint of Green, Digital, and People in its previous medium-term management plan, Cs+ for Tomorrow 2021. In its new medium-term management plan, announced on April 11, 2022, Green Transformation is positioned as one of the key areas for strengthening the management foundation, and Asahi Kasei is advancing reductions of its own GHG emissions as well as contributions to reducing the world’s GHG emissions for the realization of carbon neutrality. Therefore, from the perspective of GHG emissions reduction, Asahi Kasei has sequentially advanced the calculation of CFP for each product starting with the main products, and information provision to certain customers has begun.

Leona™, Tenac™, Tenac-C™, Xyron™, and Thermylene® are performance plastic products widely used as material for automotive structural parts, electrical equipment, consumer electronics, etc., featuring superior characteristics such as strength, lubricity, flame retardance, etc. Asahi Kasei’s performance plastics business has more than ten each of manufacturing sites and sales sites worldwide, and it provides products and technical service to customers around the world. As the supply chain is complex, involving various sites, it was difficult to promptly obtain detailed management information such as budgets, actual results, and forecasts, as well as CFP for each final product in an integrated format from production to sale.

With the growing awareness for the global environment and sustainability, industry-wide initiatives have arisen in addition to efforts within individual companies. For Asahi Kasei’s performance materials business, in addition to advancing decarbonization through business operations and procurement, there are calls to provide CFP information for each product to customers downstream in the supply chain for the promotion of decarbonization across the supply chain. The Platform was established to meet these expectations.

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