CarbonChain – an AI-powered carbon tracking platform that provides companies with end-to-end visibility into supply chain emissions – believes that it is the first carbon accounting platform in the world to enable manufacturers and commodity traders to calculate their emissions using third-party validated methodologies for both Corporate Carbon Footprints (CCFs) and Product Carbon Footprints (PCFs).
SGS has independently reviewed and validated these methodologies as aligned with global carbon accounting standards – specifically, the GHG Protocol Corporate Accounting and Reporting Standard and the GHG Protocol Product Life Cycle Accounting and Reporting Standard.
The Importance of Validation
Manufacturers and commodity traders who use a third-party software to measure, track, and declare their commodity emissions need assurance that their calculations are grounded in best practice. Independent validation of CarbonChain's latest methodology is an important marker of credibility for customers' internal and external emissions reporting.
CarbonChain's Commitment to Accuracy
CarbonChain is building the most accurate carbon accounting platform for metal and energy supply chains. In addition to a validated methodology, we use robust independent emission databases to close data gaps, especially where direct supplier data is unavailable. As part of our latest product release, CarbonChain's expert in-house carbon accountants and data analysts have refined the asset-level emissions data for key metal and energy products.
Users of CarbonChain
CarbonChain is purpose-built for energy and metal supply chains. Manufacturers, commodity traders and their banks use CarbonChain's software to automate their carbon accounting, to measure, report and set targets for their emissions.
CarbonChain's platform is used by the likes of Societe Generale, Thyssenkrupp Materials Services, Rabobank, Concord Resources, IXM and Gunvor Group.
