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News 2024.09.17

Glassdome and LG Electronics Launch Product Carbon Footprint Calculation and ISO 14067 Verification Project

Glassdome's SaaS-based solution will help LG Electronics use real-data-based metrics to simplify carbon verification and compliance

Vancouver, Wash. and Seoul, South Korea: Glassdome , a leading industrial software company, is proud to announce the launch of a new Product Carbon Footprint calculation and ISO 14067 verification project with the LG Electronics Vehicle component Solutions (VS) Company

LG VS Company develops and creates vehicle displays, connectivity solutions, and infotainment systems. It has also recently expanded into vehicle lighting systems and cybersecurity. LG's solutions are a key technology for the future of mobility as electric vehicles displace traditional powertrains around the world.

The global auto industry aims to be carbon neutral by 2050. To fulfill that goal, automakers are demanding that their suppliers calculate the Product Carbon Footprint (PCF) of their components, and get a third-party to verify that those numbers are accurate.

LG VS Company is making sure it stays compliant and competitive with the real-data-based Glassdome Product Carbon Footprint solution . Glassdome is a SaaS-based platform developed in accordance with ISO standards that derives real data from machines on the factory floor and securely integrates data from Tier 2 and 3 suppliers.

It provides complete, consulting-backed support for carbon emission data collection, monitoring, and reporting throughout the manufacturing process.

In March, Glassdome achieved ISO 14067 certification from Lloyd's Register Quality Assurance , a global certification body. This streamlines the PCF verification process for customers by ensuring that the reports they create with Glassdome already match the highest international standards. 

The Glassdome platform also speeds up the process by ensuring trust from the entire supply chain. Many of the required data inputs in PCF calculations could be used to derive sensitive data like component recipes and unit cost to produce. The Glassdome platform holds that data in a secure cloud, converts it into carbon emissions data, and only transmits those relevant outputs.

“The Glassdome solution solves carbon emission management issues facing global manufacturers as they respond to global regulations, and supports easy ESG transformation for companies,” commented Jinki Ham, Chief Business Officer of Glassdome. “Glassdome will help exporters strengthen their competitiveness in the market with our proven consulting and technology and fast and reliable third-party verification support.”

About Glassdome: Glassdome is an industrial software company with expertise in acquiring and analyzing data from manufacturing equipment. Glassdome's SaaS-based solution guides manufacturers from data collection to monitoring to ongoing reporting, enabling them to obtain data from machines, transfer it to software, and access it. The company empowers manufacturers within the EV battery, automotive, chemical, pharmaceutical, and food and beverage industries to capture the untapped potential of data throughout the supply chain to achieve continuous operational efficiency improvement and meet regulatory environmental and emissions compliance. 

For more information, contact John Wright, Director of Global Marketing, at john@glassdome.com.

#PCF#carbon_emissions#scope3
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News 2024.06.03

Glassdome selected as organizer of new Global Battery Alliance Digital Battery Passport Pilot

Consortium of 13 companies, including Samsung SDI, SKIET, EcoPro, Lotte Infracell, and SK C&C, formed to respond to EU Battery Directive

Pilot project launched in May 2024 to establish systems, inspect companies’ regulatory response processes, and prepare for 2027 implementation of digital battery passport requirements

Vancouver, Wash., and Seoul, South Korea: Glassdome, a leading sustainability platform for manufacturers, was selected by the Global Battery Alliance (GBA) to organize a new Digital Battery Passport pilot project. The choice was revealed in an announcement on May 21, 2024. Glassdome has formed a consortium of 13 companies, including Samsung SDI, SK IE Technology (SKIET), EcoPro, and Lotte Infracell, and will lead a pilot program designed to preemptively respond to upcoming EU Battery Directive Digital Battery Passport requirements.

The Digital Battery Passport is a system that tracks, manages, and provides access to full lifecycle and sustainability data for EV and industrial batteries over 2kWh distributed in the EU. The EU Battery Directive requires its implementation by February 2027. To comply, battery manufacturers and suppliers need to collect and manage key data like their product carbon footprint (PCF), percentage of recycled materials, and country of origin.

The Glassdome platform helps companies report their PCF using real data. Carbon compliance and global environmental regulatory reporting are often a complex, time consuming process. Glassdome makes sustainability simple for manufacturers by guiding them from data collection to monitoring to ongoing reporting.

This year, Lloyd's Register Quality Assurance (LRQA) named Glassdome as the first ISO 14067 verified real data PCF platform. When a company measures and reports their PCF through Glassdome, its results already comply with ISO 14067 standards, shortening the verification period by weeks and cutting costs.

The GBA was established at the World Economic Forum in 2017 through cooperation between battery producers, mining and energy companies, and government agencies. The Digital Battery Passport initiative helps it achieve its goal of a carbon neutral battery value chain by 2050.

The GBA pilot project led by Glassdome will derive accurate real-data-based PCFs across the entire battery manufacturing lifecycle. It will also implement a secure data management system that helps manufacturers and partners share only their relevant PCF data, and only with those who need to know it.

The full consortium consists of:

Jinki Ham, CEO of Glassdome Korea, remarked, “As we transition from a linear to a circular economy, the global market needs environmental impact data. Sustainability regulation is changing the disclosure of information like recycling rates and product carbon footprint from a nice-to-have to a must-have.”

He continued, “Glassdome is a world leader in carbon regulation solutions. We’re dedicating ourselves to helping our manufacturing clients, large and small, continue to export to customers in Europe and anywhere else carbon regulation emerges.”

Lee Jeong-hoon, head of the SK C&C Net Zero Platform Business Team added, “Digital and ESG expertise based on LCA foundations is essential in tracking carbon data in the battery value chain. By combining that expertise with generative AI technology, we will go beyond simple data tracking and make our customers more competitive by helping them reduce their carbon footprints.”


Under Glassdome’s leadership, a total of 13 battery value chain companies from Korea, the U.S., and Australia will form the GBA consortium and promote the ‘Digital Battery Passport’ pilot project from May 2024.

About Glassdome: Glassdome is an industrial software company dedicated to making sustainability and operations clear and simple for manufacturers. The company was founded in the innovative heart of San Francisco in 2019. Roots in Silicon Valley and Korea connect a tech-savvy spirit with powerful industrial expertise. The Glassdome platform is uniquely positioned to serve manufacturers that want to improve efficiency and meet and exceed green regulation requirements, all in one platform.

Find out more at glassdome.com.

#Digital_Carbon_Passport#GlobalBatteryAlliance#PCF
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News 2024.03.25

Glassdome Completes the ISO 14067 International Standard Verification for Product Carbon Footprint Assessment from LRQA

• LRQA verified that Glassdome complies with ISO 14067, the international standard for calculating and reporting product carbon footprints (PCFs).

• Glassdome developed its PCF solution in accordance with the ISO 14067 standard from the outset. The Glassdome solution streamlines third-party verification, saving time and money.

• EU CBAM regulation will require third-party verification by an accredited institution for carbon emissions reporting. From 2026, verification will be mandatory to export items like steel and aluminum to the EU.
 

Vancouver, Wash.: On March 25th, 2024, Glassdome, a manufacturing operations and sustainability platform provider, announced that it has completed the ISO 14067 international standard verification for product carbon footprint assessment from LRQA (Lloyd’s Register Quality Assurance), a leading global assurance partner.  

LRQA is an internationally accredited certification body and is recognized by the EU as an EU Emissions Trading System verifier. It also plans to be registered as one of the first accredited verifiers for the EU Carbon Border Adjustment Mechanism (CBAM). LRQA reviews CBAM reports, which are required to export items such as steel and aluminum to the EU, and assesses compliance with international standards. The company currently conducts international standard certification and verification in more than 160 countries.  

ISO 14067 is the most prestigious international standard for PCF. It is based on the ISO 14040 and ISO 14044 standards for LCA (Life Cycle Assessment), which define the methodology for calculating and reporting carbon footprints. ISO 14067 verification means that the product carbon footprint, (carbon emitted throughout the entire lifecycle of a product) is measured and reported in compliance with the principles, requirements, and guidelines demanded by the international community. 

Glassdome developed its product carbon footprint solution in accordance with ISO 14067 standards from the outset. This verification recognizes that both the method of calculating the product carbon footprint and the reports by the Glassdome solution are up to the highest international standards.

This proactive response to global environmental regulations like EU CBAM and the Digital Battery Passport means Glassdome customers will enjoy a far simpler third-party CBAM verification process. Carbon emissions measured and reported through Glassdome will automatically be ISO 14067 compliant, cutting time, cost, and red tape.

EU CBAM mandates that exporters of products like steel and aluminum to the EU must report carbon emissions produced during the manufacturing process to properly price their carbon tax. In the current transition period, measuring and reporting emissions will be required by  2025. Once CBAM is fully implemented in 2026, third-party verification of those reports by accredited bodies will be required. 

Third-party verification can vary widely in time from three weeks to three months, and costs can be considerable. That makes a streamlined all-in-one solution like Glassdome an appealing solution for manufacturers.

Glassdome technology helps customers use real data to manage the life cycle of their products’ carbon footprints. Its all-in-one PCF solution supports the entire process from manufacturing data collection to monitoring and reporting, enabling compliance with environmental regulations.

Many competitors use default data from publicly available databases. Glassdome uses accurate measured data, significantly decreasing  the risk of default values inflating carbon emissions and resulting in penalties or failure to get reports certified. To protect the sensitive information of manufacturing partners, the Glassdome platform analyses collected data in real time, converts it into carbon emissions values, and only transmits that data. 

Lee Il-Hyung, Head of LRQA Korea, stated, "In an era when managing a company's carbon emissions for ESG management is an unstoppable global trend, Glassdome is leading the market by quickly introducing a product carbon footprint solution. Acquiring this ISO international standard verification will serve as an opportunity to internally and externally promote its technological competitiveness." 

Simon Kim, CEO of Glassdome, added, "The Glassdome product carbon footprint solution significantly reduces the time and cost of the third-party verification required to export to the EU. We support companies exporting to Europe by providing accurate global carbon emission calculations and fast and reliable third-party verification, helping them secure and maintain a competitive edge in sustainability."
 
#ISO14067#PCF#CBAM
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#PCF#ESG#CBAM