Today’s focus is increasingly shifting to sustainability and the environmental impact of companies and the products they launch on the market. Based on this, companies are forced to rethink the design of their products and the experience of their customers. There is a well-quoted statistic that says around 80% of the ecological impacts of a product are locked in at the design phase.
One of the major reasons, why pressure to redesign for sustainability is increasing, because of an ongoing shift of lifetime emissions from product operation to product production. A good example of this shift is the automotive industry’s transition from internal combustion engines to zero emission electric vehicles, which is changing the life-cycle emissions profile of passenger vehicles. In fact, electric vehicles produce fewer emissions in the use phase but require additional carbon-intensive materials in the battery.
These examples are significant challenges for manufacturing companies to make products more sustainable, durable, easier to recycle by design, and to stay competitive.
But in great challenge lies great opportunity, and there has never been a better time for change.
So, the question is: How can companies help accelerate the execution of the sustainability transformation and stay profitable while leveraging technology to enable acceleration and also helping scale the impact.
Siemens solution to calculate product carbon footprints has a clear target to help customers in creating cost effective and sustainable products. As an example, think of replacing raw materials with recycled materials can reduce the carbon footprint of your product, but in case the recycling materials are located far-off the manufacturing location, the transportation emissions could overshadow the gained benefits. So, to make fact-based decisions, you will need accurate data on the CO2e footprint and costs associated with different materials and manufacturing processes. This means you need a solution that allows you to simulate different scenarios fast and accurate.
Siemens Product Carbon Footprint solution, with its integrated approach, is your single access point for product cost and carbon emissions:
Today these integrated capabilities enable organizations to gain the transparency and insights they need to manage their product cost and carbon footprint through their value chain, and thereby have a positive impact on their bottom line in a changing landscape.