Takeaways

• UL Solutions has launched a new software solution to help companies calculate product carbon footprints and improve Scope 3 reporting.
• The tool uses AI to organize supplier and product data, making emissions tracking more accurate and audit-ready.
• The launch comes as businesses face increasing pressure from global sustainability disclosure regulations.

UL Solutions has introduced a new software solution designed to help businesses calculate product carbon footprint (PCF) data and strengthen their Scope 3 emissions reporting efforts.

The new offering is part of the company’s ULTRUS UL 360 ESG and sustainability data management platform. The launch comes at a time when companies across industries are under growing pressure to measure and disclose emissions linked to their products and supply chains.

Regulations such as the EU’s Corporate Sustainability Reporting Directive (CSRD) and California’s SB 253 are pushing organizations to improve the quality and transparency of their ESG reporting. Many businesses continue to face challenges in collecting reliable supplier emissions data and converting it into usable insights for sustainability reporting and decision-making.

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UL Solutions said the new sustainability software aims to simplify that process for procurement and sustainability teams. The platform is designed to help companies gather supplier information more efficiently, maintain emissions data, and produce consistent product carbon footprint calculations.

One of the main features of the solution is its use of artificial intelligence to interpret bills of materials, formulations, and manufacturing process data. The software can then calculate “cradle-to-gate” product carbon footprints aligned with the Greenhouse Gas Protocol standards.

The system also offers centralized visibility into supplier responses and emissions-related data points. According to the company, this allows businesses to identify missing information, detect data gaps, and improve the overall quality of supplier emissions data used in Scope 3 emissions reporting.

In addition, the software integrates product-level carbon data directly into ESG reporting workflows. This can help organizations better understand the main drivers behind their emissions and identify opportunities to reduce environmental impact across their supply chains.

Simin Zhou said new disclosure rules are increasing expectations around Scope 3 data quality. Zhou noted that many organizations still struggle to collect supplier data in a consistent and usable format.

According to Zhou, the company’s AI-powered solution is intended to bring more structure and reliability to supplier inputs, enabling businesses to generate audit-ready product carbon footprint data that can support both compliance and operational decisions.

The introduction of the new carbon footprint calculation tool reflects a broader trend in the ESG market, where companies are investing in digital solutions to manage increasingly complex sustainability requirements. As reporting standards evolve globally, organizations are expected to place greater focus on accurate Scope 3 emissions tracking, supplier engagement, and transparent ESG reporting practices.

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With supply chain emissions often making up the largest share of a company’s total carbon footprint, tools that improve supplier data quality and reporting efficiency are becoming more important for businesses seeking to meet climate goals and regulatory expectations.

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Source: ESGtoday