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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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News 2024.02.05

Glassdome, together with SK C&C, establishes a Digital Carbon Passport platform based on Life Cycle Assessment (LCA) at Lotte Aluminium and Choil Aluminum.

- Glassdome helps manufacturing companies respond to global environmental regulations with digital transformation and product carbon footprint (PCF) solutions


- Lotte Aluminium and Choil Aluminum have an LCA-based total carbon emissions management system that goes beyond EU CBAM compliance


- Korea’s first application of a  ‘Carbon Emissions Management Platform’ that simultaneously supports EU CBAM and battery regulation compliance


- Platform enables calculation of raw material supplier carbon emissions (Scope 3) and creates product-level carbon footprint management system

Seoul, South Korea (Feb 5, 2024) - Glassdome, a company specializing in carbon emissions data management solutions, has partnered with SK C&C (CEO Yoon Poong-young) to develop the "Digital Carbon Passport platform" for Lotte Aluminium Co., Ltd., (CEO Choi Yeon-soo) and Choil Aluminum Co., Ltd., (CEOs Lee Young-ho and Seong Won-mo). This significant collaboration was announced on February 5th.


This project is a proactive response to new climate change and greenhouse gas reduction regulations, particularly those in the European Union (EU) and the United States. It is specifically designed to address the EU Carbon Border Adjustment Mechanism (CBAM) and create a competitive edge in carbon emissions compliance.

 

The Digital Carbon Passport initiative aims to establish a robust platform rooted in Life Cycle Assessment (LCA) methodology, meticulously assessing the entire carbon footprint throughout a product's lifecycle. It is also a preemptive measure designed to align with new EU battery regulations set to take effect in February 2025.

 

This is a groundbreaking achievement within South Korea, as the first-ever deployment of a carbon emissions management platform designed to seamlessly ensure compliance with both the EU Carbon Border Adjustment Mechanism (CBAM) and battery regulations.

 

Lotte Aluminium is a materials company specializing in the production of aluminum foil tailored to meet the capacity and voltage requirements of secondary batteries. Choil Aluminum is a supplier of the raw materials essential for the production of aluminum foil for Lotte Aluminium. These two companies are part of the global secondary battery supply chain and are subject to EU CBAM and EU battery regulations.

 

The Digital Carbon Passport platform introduced to Lotte Aluminium and Choil Aluminum is designed to gather and analyze all carbon emissions data. Many carbon footprint initiatives only cover Scope 1 and 2, which include direct and indirect emissions originating from product production processes. The Digital Carbon Passport includes Scope 3, which encompasses emissions stemming from raw material suppliers. 

 

As a result, both companies have achieved a groundbreaking industry milestone by establishing a comprehensive product-level carbon footprint management system.

 

The Digital Carbon Passport platform adheres to the ISO 14067 international standard and serves as a tool to streamline the compulsory reporting of carbon emissions in accordance with the European Union's Carbon Border Adjustment Mechanism (CBAM). CBAM imposes tariffs on carbon emissions associated with six major product categories, such as steel and aluminum. It goes beyond merely accounting for carbon emissions generated during the production process; it also supports comprehensive life cycle assessments, quantifying and evaluating the environmental impact throughout the entire product life cycle.

 

Glassdome has the world's first technology to manage the carbon footprint life cycle of products based on primary data. Distinguishing itself from alternative solutions in the market, which often rely on users manually inputting carbon emissions data based on default or average values from public sources, Glassdome's approach utilizes real data. This methodology significantly reduces the risk of potential overestimation of carbon emissions, which could result in penalties or uncertified reports. Glassdome uses a real-time data collection and analysis approach to safeguard the confidentiality of sensitive information. This process efficiently converts the data into carbon emissions metrics and transmits only this processed information, ensuring both accuracy and security.


Seungmin Lee, the Head of the ESG Strategy Division at Lotte Aluminium, said, "We have entered into this agreement with a proactive commitment to comply with the carbon-related regulations set forth by the EU. With the implementation of this contract, we have successfully obtained precise and trustworthy carbon emissions data, gathered in real-time from every stage of our processes. I am eager to embrace this opportunity as it paves the way for us to not only reduce our carbon footprint but also enhance our competitiveness by introducing eco-friendly technologies."

 

Seong-hoon Jeong, Head of the R&D Center at Choil Aluminum, expressed, "Through this contract, we have acquired a robust carbon emission management platform, aligning perfectly with the carbon neutralization requirements of our secondary battery customers, who are investing in the EU and US markets." He further emphasized, "By effectively addressing key global carbon neutralization initiatives, including the Carbon Border Adjustment System (CBAM) and Life Cycle Assessment (LCA), we have solidified our position as an environmentally-conscious battery materials company. We are also fully prepared to comply with additional carbon management regulations such as PCF (Carbon Footprint) and DBP (Digital Battery Passport), reinforcing our commitment to sustainability."

 

Jinki Ham, Head of Glassdome Korea, emphasized, "A substantial portion, ranging from 60% to 90%, of product carbon emissions falls within the Scope 3 category. Accurate carbon emissions data from our manufacturing partners is crucial for an exact evaluation of the entire supply chain's carbon footprint and for formulating effective long-term carbon reduction strategies." He continued, "We've established a comprehensive framework for the systematic collection and management of carbon emissions data from the partner suppliers of Lotte Aluminium such as Choil Aluminum. We will commit to collaborating closely to facilitate substantial carbon reductions within each company, setting the stage for sustainable business operations."

#CBAM#PCF#scope3
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#PCF#ESG#CBAM