AllocNow, a leader in cloud-based sustainability solutions for the chemical and process industries, collaborates with us to integrate high-quality secondary data directly into the Product Sustainability Platform (PSP).

In this interview, we sit down with Daniel Bochnitschek to explore his perspective on our collaboration and how AllocNow is empowering organizations toward a circular and sustainable future.

Daniel Bochnitschek
Co-Founder & Managing Director

Could you give us a brief introduction to your company?

AllocNow is a leading provider of cloud-based sustainability solutions for the chemical, process, and pharmaceutical industries. The Product Sustainability Platform (PSP) automates lifecycle assessments (LCA) with unprecedented levels of consistency, efficiency, and reliability, enabling companies to manage the environmental impact of their products at scale. By combining cutting-edge technology with industry expertise, AllocNow empowers organizations on their journey towards a circular and sustainable future.

How is your company contributing to the net-zero transition in the chemical value chain?

AllocNow accelerates the transition in chemical value chains by providing a robust platform for fast and cost-effective calculation of product carbon footprints (PCF) based on primary enterprise data. The software supports companies in reducing their environmental impact by automating LCAs, collecting and aligning indirect emissions throughout their supply chain (Scope 3 emissions), and offering advanced analytics. Scenario analysis tools help identify the most effective reduction measures, ensuring organizations can pinpoint key areas for improvement and make informed decisions to achieve their sustainability goals.

Our partnership with Carbon Minds unlocks the puzzle of inaccurate data, a critical barrier to net-zero efforts. By combining AllocNow's unique Product Sustainability Platform for automating LCA at industrial scale with Carbon Minds' high-quality emission factors, we're providing chemical companies with a transparency advantage. This empowers them to go beyond compliance and optimize for a sustainable future.

Daniel Bochnitschek
Co-Founder & Managing Director 

What makes your solution unique?

The software stands out due to its scalability, industry-specific design, and adherence to global standards such as ISO 14044/67 and the PCF-Guideline of Together for Sustainability (TfS). The platform is tailored to handle the complexity of chemical value chains and production networks, ensuring reliable and consistent impact evaluations for globally operating companies. AllocNow’s true automation of LCAs significantly enhances business productivity by delivering insights across the entire product portfolio, leveraging existing enterprise data. The PSP also fosters a culture of sustainability across organizations by providing seamless access to all relevant departments and functions, empowering everyone to drive real, companywide transformation.

What added value does the collaboration with Carbon Minds create for your customers?

The collaboration with Carbon Minds enhances the offering by integrating high-quality secondary data directly into the PSP. By employing sophisticated matching algorithms, the identification of suitable emission factors sourced from Carbon Minds is semi-automated, significantly improving the accuracy and depth of LCAs. Together, a more powerful and holistic solution is delivered, providing customers with a comprehensive understanding of their impacts, enabling more informed, sustainable decisions, and accelerating progress towards their goals.

Want to learn more about using our data in the Product Sustainability Platform?