Evonik Pioneers Automated Tools for Sustainability Reporting
Essen,Germany – Specialty chemicals leader Evonik has unveiled a suite of automated tools designed to streamline and accelerate life cycle assessments (LCAs),a critical component of modern sustainability reporting. The new system promises to significantly reduce the time and resources required to evaluate the environmental impact of products and processes, positioning Evonik at the forefront of data-driven sustainability within the chemical industry.
Traditionally, LCAs-which analyze a product’s environmental footprint from raw material extraction through end-of-life-have been intensely manual and time-consuming. Evonik’s innovation automates data collection, modeling, and analysis, enabling faster and more frequent assessments. This advancement is especially timely as regulatory pressures mount for greater corporate transparency regarding environmental impact, and as consumer demand for sustainable products continues to rise. The technology impacts not only evonik’s internal operations but also offers potential benefits to its customers seeking to improve their own sustainability profiles.
The automated system leverages a centralized database and elegant algorithms to calculate key environmental indicators, including carbon footprint, water usage, and resource depletion. By automating these calculations, Evonik aims to move beyond infrequent, broad-stroke assessments to continuous monitoring and optimization of its products’ environmental performance. This granular level of insight allows for targeted improvements throughout the value chain.
“We are convinced that sustainability is a key driver of innovation and growth,” stated Dr. Harald Egner, head of Sustainability Management at Evonik, in a company release. “With these automated LCAs, we are creating a foundation for making more sustainable decisions faster and more efficiently.”
Evonik plans to integrate the automated LCA tools across its business lines, initially focusing on high-volume products and those with notable environmental impact. The company anticipates the technology will not only reduce its own environmental footprint but also enable it to develop more sustainable solutions for its customers in industries ranging from automotive and construction to nutrition and healthcare. The long-term goal is to establish a new standard for sustainability reporting within the chemical sector, fostering greater accountability and driving progress towards a circular economy.
