What is Carbon Productivity?Carbon Productivity is the value generated per carbon unit used (e.g. in the form of fossil raw materials such as coal, oil and natural gas). Thus increasing carbon productivity means creating more value with fewer carbon-based fossil resources.
In 2016, Covestro co-founded the Carbon Productivity Consortium, which in collaboration with external partners, was formed to develop a methodology to track the use of carbon employed as a resource throughout the life cycle of a product with the goal to increase the return on carbon employed (ROCE). This methodology should help companies measure and improve their use of carbon, while simultaneously learn to regard it as a valuable resource. Using carbon resources more wisely, we can tackle global challenges such as resource scarcity and climate change caused by the amount of carbon in the form of CO2 in our atmosphere.