Tata Consultancy Service (TCS) a pioneering company in IT services and consultancy has launched the TCS Product Life Cycle Profiler. This life cycle profiler is an innovative life cycle assessment (LCA) tool that will offer scalable and dynamic approaches to product LCA by computing environmental impacts across the product lines.
This is a significant move for TCS toward advancing sustainability efforts. As sustainability has become a central concern for businesses with an aim to achieve Net Zero carbon emission and align with the objectives of SDGs, this innovative solution marks a pivotal moment for businesses worldwide as they seek to strengthen their environmental sustainability endeavors.
TCS has taken a head-on challenge with the launch of the TCS Product Life Cycle Profiler aiming to decarbonize their supply chains, minimize their carbon footprint, and foster circular business models.
This tool is believed to revolutionize the way LCA is conducted by providing a scalable and dynamic approach, which enables businesses to compute and assess environmental impacts across the product line ranging from materials and transportation to supplier networks, energy consumption, and manufacturing processes.
Apart from greenhouse gas emissions, the tool assesses a spectrum of environmental dimensions, including human toxicity, water consumption, ozone depletion, and particulate matter emissions. It also identifies impact hotspots directing organizations towards potential changes to reduce their environmental footprint.
“TCS Product Life Cycle Profiler will help our clients identify the changes they need to make their product value chains more sustainable and advance their climate goals. It provides unique granular insights that enable companies to identify accurate and actionable intervention touchpoints. That may mean a change in supplier or the impetus to a whole new product line better aligned with a low carbon economy,” said Suranjan Chatterjee, Global Head, of Strategic Capabilities Group, TCS.
“Our partnership with TCS addresses the need for customers to have reliable and transparent environmental footprint information for products at scale. It brings together PRé’s expertise in the field of LCA and TCS’ ability to innovate and transform through technology,” said Eric Mieras, Managing Director and CEO of PRé Sustainability.
Developed by the collaborative effort of TCS and PRe Sustainability, the product will address several long-standing challenges faced by conventional LCA systems. It will simplify data management, eliminate the non-scalable, product-by-product approach, and replace static point-in-time reports with dynamic insights.
As companies are striving to achieve net zero carbon emissions and move towards sustainable approaches and responsible actions towards the environment, this pioneering solution by TCS will be a pivotal tool for businesses striving to make informed decisions.