Building a global emissions model using AI
The CO2 AI Product Ecosystem, developed by CDP and CO2 AI by BCG, is an AI-enabled platform that allows all members of a company’s ecosystem to exchange product-level data, empowering organisations to compute their own carbon footprint.
The CO2 AI Product Ecosystem provides a unique solution. It unlocks collaboration within business ecosystems and accelerates the decarbonisation of supply chains. To reinforce CO2 AI by BCG’s and CDP’s commitment to supporting companies throughout their net-zero journeys, the core features of the platform will be available for free to all reporting companies.
CO2 AI Product Ecosystem will leverage anonymised data to ramp up the artificial intelligence of the platform. The data collected during the use of the CO2 AI Product Ecosystem tool will be shared directly between the supplier and the customer. Other than that, the platform will aggregate anonymised data to create benchmarks for the users.
CO2 AI Product Ecosystem is currently in pilot phase and expected to be available for a wider group of users in the second half of 2022.
CO2 AI Product Ecosystem will allow sharing of product level environmental data in a simple, efficient, and secure way. As the supply chain report highlighted, only 2% of suppliers provide this kind of information for some products and many simply do not have the capabilities to do so, let alone do it at scale for all products. Having detailed product level emissions data will allow suppliers and customers to take a focused and action-oriented approach to decarbonisation.
The platform’s key benefits include bringing transparency to scale, and more granular and accurate measurement of scope 3 upstream emissions — external emissions that occur in the value chain of the reporting company. As such, it helps to identify and assess hot spots across the customers’ supply chains, serving as the tech backbone of action-oriented decision making and decarbonisation.
With this CO2 AI Product Ecosystem, companies will be enabled to set better targets to identify the most impactful opportunities to reduce emissions and optimise operations at the product level.
Product features
Single Source of Truth
The CO2 AI Product Ecosystem allows users to request, exchange, and audit product-level emission data from all of their suppliers in one platform, creating transparency at scale across the organisation and its business ecosystem.
Secure Infrastructure
The platform guarantees safe data exchange and data privacy by leveraging the latest security standards and protocols.
AI-Powered Accuracy
We use best-in-class technology and artificial intelligence to ensure granular product-level data exchange.
Action Oriented
The platform enables collaboration through action-oriented value chain engagement.
Key takeaways
- The CO2 AI Product Ecosystem unlocks collaboration and accelerates the decarbonisation of supply chains.
- The core features of the platform will be available for free to all reporting companies.
- CO2 AI Product Ecosystem is currently in pilot phase and expected to be available for a wider group of users in the second half of 2022.
- CO2 AI Product Ecosystem will allow sharing of product level environmental data in a simple, efficient, and secure way.
- Having detailed product level emissions data will allow suppliers and customers to take an action-oriented approach to decarbonisation.
CO2 AI Product Ecosystem will leverage anonymised data to build data modelling while the data will be shared directly between the supplier and the customer.
