They said the UBL commodities SC on emissions data aims to address the growing need for data interoperability assuring digital product passports (DPP) can be seamlessly integrated into the procurement processes, capturing environmental attributes of the commodities used in a product, and allowing for automated evaluation and reporting.
Key objectives
The companies said key to the initiative are data standardization — developing and promoting standardized methodologies for collecting, analyzing and reporting emissions data for commodities and end products; and facilitating partnerships among industry stakeholders, including commodity producers, manufacturers, recyclers, policymakers and research institutions, to drive innovation in circularity.
They also plan to advocate for policies that support energy transition, circular economy initiatives, encouraging governments and regulatory bodies to adopt and implement sustainable…
