Venator Materials PLC announced that it is working with Atos – a global leader in digital transformation – to measure the carbon footprint of its products. As Venator increases its focus on sustainability across its operations, this strategic project will enable the business to deliver data on the carbon footprint of its products to its customers and accelerate its sustainability ambitions. Atos will help Venator gather key insights from its existing data that will enable enterprise-wide deployment of a specialist digital product carbon footprint (PCF) tool originally developed by BASF.

Venator's work with Atos is part of a wider corporate program on sustainability. Over the past year, Venator has: Liaised with its stakeholders to find out which environmental, social and governance issues matter most to them – pinpointing the highest-priority focus areas for its business Made a concerted effort to measure its full carbon footprint by incorporating Scope 3 impacts into its assessments Published its second Sustainability Report "Sustainability. It's our future." and aligned its reporting to GRI standards Signed the UN Global Compact Engaged KPMG to assist with the development of its decarbonization program.

The PCF calculation tool and methodology developed by BASF is based on Life Cycle Assessment methodology and calculates cradle-to-gate PCF. The methodology is based on ISO14067:2018 for the carbon footprint of products, which builds on the principles and requirements of the ISO standards 14040:2006 and 14044:2006.