The chemical industry uses various metrics and methods to evaluate the sustainability contribution of their products. Chemical products can be assessed using quantitatve methods such as Life-cycle assessment and Eco-efficiency analysis or qualitative methods such as Product Sustainability Assessments developed by the World Business Council for Sustainable Development [1] and Sustainable Solution Steering developed by BASF.
Sustainable Solution Steering (colloq.: TripleS) is a product classification method. [2] The method aims to classify products in terms of identified sustainability concerns and sustainability contribution to defined sustainability criteria. The sustainability criteria covers the three dimensions of sustainability: economic success, social responsibility and environmental protection. [3]
Sustainable Solution Steering was developed in 2012 by BASF. [4]
The objective of Sustainable Solution Steering is to provide a transparent and consistent evaluation of the sustainability performance of products within the chemical industry. [2] However, the method has also found use in other industries. [5] By identifying key drivers and issues in industries, the method assesses the sustainability contribution of each product in its specific application and region. Solutions in their respective application and region are reviewed in terms of defined sustainability criteria. [6] The approach evaluates the value chain from cradle to grave considering industry and region-specific views in the market. [7] The sustainability criteria balances the three dimensions of sustainability: [4]
Products can be grouped into four categories according to their sustainability performances in their respective apllication, industry and region. [7]
The sustainability criteria are based on a materiality analysis done in 2010. [8] A product must contribute to at least one of the eight criteria to be classified as an Accelerator. [7] If the product contributes to cost savings downstream, it also has to contribute to another criterion to be classified as an Accelerator. [6]
First, a product is subjected to a Check for Basic Sustainability Requirements to identify, which are likely to be affected by a sustainability issue. Each product in its respective application and region is evaluated based on corporate minimum and stakeholder specific economic, environmental and social criteria. [6]
Products, which are identified as likely to be affected by a sustainability issue are subjected to a seperate Impact Check. This analyses the significance of the sustainability issue and classifies product as Transitioner or Challenged. [6]
Products, that pass the initial Check for Basic Sustainability Requirements are subject to a Check for Sustainability Value Contribution. This evaluates the product's sustainability contribution compared to competitive products in the same application and region using the sustainability criteria.
To be an Accelerator, a product needs to fulfill following criteria: [6]
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The chemical industry uses various metrics and methods to evaluate the sustainability contribution of their products. Chemical products can be assessed using quantitatve methods such as Life-cycle assessment and Eco-efficiency analysis or qualitative methods such as Product Sustainability Assessments developed by the World Business Council for Sustainable Development [1] and Sustainable Solution Steering developed by BASF.
Sustainable Solution Steering (colloq.: TripleS) is a product classification method. [2] The method aims to classify products in terms of identified sustainability concerns and sustainability contribution to defined sustainability criteria. The sustainability criteria covers the three dimensions of sustainability: economic success, social responsibility and environmental protection. [3]
Sustainable Solution Steering was developed in 2012 by BASF. [4]
The objective of Sustainable Solution Steering is to provide a transparent and consistent evaluation of the sustainability performance of products within the chemical industry. [2] However, the method has also found use in other industries. [5] By identifying key drivers and issues in industries, the method assesses the sustainability contribution of each product in its specific application and region. Solutions in their respective application and region are reviewed in terms of defined sustainability criteria. [6] The approach evaluates the value chain from cradle to grave considering industry and region-specific views in the market. [7] The sustainability criteria balances the three dimensions of sustainability: [4]
Products can be grouped into four categories according to their sustainability performances in their respective apllication, industry and region. [7]
The sustainability criteria are based on a materiality analysis done in 2010. [8] A product must contribute to at least one of the eight criteria to be classified as an Accelerator. [7] If the product contributes to cost savings downstream, it also has to contribute to another criterion to be classified as an Accelerator. [6]
First, a product is subjected to a Check for Basic Sustainability Requirements to identify, which are likely to be affected by a sustainability issue. Each product in its respective application and region is evaluated based on corporate minimum and stakeholder specific economic, environmental and social criteria. [6]
Products, which are identified as likely to be affected by a sustainability issue are subjected to a seperate Impact Check. This analyses the significance of the sustainability issue and classifies product as Transitioner or Challenged. [6]
Products, that pass the initial Check for Basic Sustainability Requirements are subject to a Check for Sustainability Value Contribution. This evaluates the product's sustainability contribution compared to competitive products in the same application and region using the sustainability criteria.
To be an Accelerator, a product needs to fulfill following criteria: [6]
{{
cite news}}
: CS1 maint: url-status (
link)