SCS Standards Releases SCS-115 Certification Standard for Product Carbon Intensity and Reduction for Chemicals and Co-Products [Yahoo! Finance]
Berry Global Group, Inc. (BERY)
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Source: Yahoo! Finance
SCS Standards, a non-profit standard development organization, is pleased to announce the publication of SCS-115, Certification Standard for Product Carbon Intensity and Reduction for Chemicals and Co-products. SCS-115 was developed by SCS Standards in collaboration with Shell Chemicals, Berry Global Group, Inc., and X, the moonshot factory. The standard provides a methodology for third-party certification of the greenhouse gas intensity and reduction in carbon dioxide equivalents of a chemical material. SCS-115 applies to any chemical material used in a product for which a carbon intensity claim is being made, and to any organization who wishes to demonstrate the carbon intensity reduction of their products containing chemicals. The baseline calculation method used in the SCS-115 standard, follows ISO 14076:2018 covering all Kyoto Protocol gases, and ‘Together for Sustainability' (TfS) guidance. The core standard provides the framework and methodology, while requirements specific
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