Klöckner & Co regards the decarbonization of industry as a major opportunity for itself and its customers. Following the introduction of CO2 categorizations for steel, aluminum, and stainless steel products and the launch of sales for CO2-reduced products under the umbrella brand Nexigen®, the steel distributor is now taking another significant step: as a new service, customers can now have the individualized Product Carbon Footprint (PCF) calculated and “supplied” for almost every one of the around 200,000 Klöckner products.
The PCF records all emissions of the product down to the kilogram from raw material extraction to delivery to the customer’s factory gate (cradle to customer entry gate). These are determined with the help of the independently certified Nexigen® PCF Algorithm, which was specially developed by Klöckner & Co in cooperation with Boston Consulting Group (BCG). Thus, CO2 emissions become transparent and visible. The steel distributor is thus further expanding its pioneering role in the transformation of the steel industry and supporting its customers in building sustainable value chains.
In the future, customers will be able to decide directly on the PCF when selecting their desired product. After delivery of the goods, they will receive the kilogram value of the greenhouse gas emissions incurred, including all important details such as batch or delivery number, by means of a digital Product Carbon Footprint Declaration. In this way, Klöckner & Co ensures that the emissions generated during transport from the Klöckner branch to the respective customer location are also taken into account.