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With this groundbreaking new offering, Supplyframe is leading the way for the electronics supply chain to prioritize sustainability and compliance in decision-making
July 17, 2024 09:00 AM Eastern Daylight Time
PASADENA, Calif.–(BUSINESS WIRE)–Supplyframe today announced Electronics Product Carbon Footprint (PCF), a new source for sustainability intelligence that provides global manufacturers instant access to product carbon footprint for more than 300 million electronic parts. This industry-first offering addresses compliance reporting and puts companies on a path to measure and report the sustainability of their new product design and sourcing decisions.
“This foundational new capability will help our customers get started on their sustainability journeys by adding discrete part level product carbon footprint measures to their existing processes”
The new capability is being introduced as new European Union regulations and evolving U.S. rules are forcing manufacturers to identify how to quantify and report their supply chain emissions. To date, electronics manufacturers have focused on reducing Scope 1 and 2 emissions to comply with such regulations and their corporate sustainability goals. However, an estimated 40% of the CO2 emissions associated with electronics products are Scope 3 emissions, which are related to supplier manufacturing process, material consumption, and transportation modes. Until today, companies had little to no information about CO2 emissions associated with the electronics components they buy. This has created a troublesome blind spot for global manufacturers seeking to measure product carbon footprint for electronics content embedded in their innovation portfolios.
“Until now, engineers designing new products and procurement teams tasked with obtaining components for those products have had no way to evaluate the CO2 emissions of a new design or purchasing decision,” said Supplyframe CEO and founder Steve Flagg. “This capability gives them specific product carbon footprint details to meet regulatory reporting requirements and, ultimately, identify better alternatives that balance corporate goals of efficiency, cost optimization, and sustainability.”
Supplyframe’s new capability provides instant access to emissions data for millions of parts, putting needed information at users’ fingertips. Previously, companies trying to calculate a roll-up value would have had to dedicate weeks or months to get this data at the part or component level of a complex bill of material (BOM).
From material selection to end-of-life, this new capability measures the total carbon impact, expressed in kilograms of CO2 equivalent, and is integrated into the same DSI Platform that already delivers industry-leading part intelligence and supply market insights. This foundational new offering also leverages the sustainability partner ecosystem of Siemens, Supplyframe’s parent company, and will expand to be part of a broader set of metrics and analytics capabilities. The new CO2e capability is available via an add-on subscription to Supplyframe’s DSI platform.
“This foundational new capability will help our customers get started on their sustainability journeys by adding discrete part level product carbon footprint measures to their existing processes,” said Richard Barnett, chief marketing officer and SaaS sales leader at Supplyframe, which provides intelligence-based solutions that create a more connected, resilient, and efficient electronics value chain.
About Supplyframe
Supplyframe’s unmatched industry ecosystem, and pioneering Design-to-Source Intelligence (DSI) Solutions, are transforming how people and businesses design, source, market, and sell products across the global electronics value chain. Leveraging billions of continuous signals of design intent, demand, supply, and risk factors, Supplyframe’s DSI Platform is the world’s richest intelligence resource for the electronics industry. Over 12 million engineering and supply chain professionals worldwide engage with our SaaS solutions, search engines, and media properties to power rapid innovation and optimize in excess of $150 billion in annual direct materials spend. Supplyframe is headquartered in Pasadena, Calif., with offices in Austin, Belgrade, Grenoble, Oxford, San Francisco, Shanghai, and Shenzhen. To join the Supplyframe community, visit supplyframe.com and follow us on LinkedIn, Twitter, Instagram, and YouTube.
Contacts
Nina Poulaki
PRforSupplyframe@bospar.com