An international network backed by a group of major companies might be the key to controlling output of carbon dioxide (CO2) emissions, says the organizer of the venture, German industrial giant Siemens.
"The whole thing will be a success if Siemens is only one provider among several," Siemens board member Cedrik Neike said during the presentation of the Estainium Association at the Hanover trade fair.
Organizing the network as an association of multiple key players adding their own products is supposed to support and develop the network - and ensure its independence, according to Siemens. The association is one of three layers of a system that is supposed to help determine, certify and - under certain circumstances - offset CO2 emissions.
The association includes 14 other founding members, including international corporations such as Japanese information technology service provider NTT Data and German chemical and pharmaceutical company Merck.
While Siemens is the driving force behind the network and association, the system is an open one. "Everyone should be able to build their own interface with it," Neike said.
The Munich-based company's contribution is its SiGreen platform, which makes it possible to determine the CO2 footprint of a product, including emissions, at every level of the supply chain.
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