As part of its continuous effort to strengthen the competitiveness of its customers low-carbon products, Korea’s largest chemical company, LG Chem has become the first company to receive certification for the Product Carbon Footprint (PCF) calculation method from the global testing organization TUV Rhein-land in Korea.
TUV Rheinland is a global testing organization that provides carbon footprint certifications by evaluating greenhouse gas emissions generated throughout the entire lifecycle of a product, from its production and distribution to its usage and disposal, based on international standards.
Ma Young-il, LG Chem’s production information manager, and Kang Jae-cheol, sustainability manager received the certificate from Frank Juettner, Head of TUV Rheinland Korea in a ceremony held at LG Twin Tower in Yeongdeungpo-gu, Seoul, for its Product Carbon Footprint assessment method.
LG Chem’s Product Carbon Footprint Assessment Method
The LG Chem product carbon footprint assessment method, which complies with ISO 14067:2018, is the first of its kind to be certified by TUV Rheinland in Korea. The procedure includes requirements outlined in the international standard, such as procedures for data gathering, calculation, and effect evaluation.
With the use of this certification, LG Chem has guaranteed the accuracy of its Product Carbon Footprint Assessment Process, which it has been independently estimating since 2021 and encompasses innovative materials and petrochemical goods. By 2025, the company hopes to have all domestic and foreign production locations using the Product Carbon Footprint system, while also continuously improving its capabilities.
In response to the rising global demand for low-carbon goods and pertinent certification data, LG Chem intends to use the certified PCF method with its in-house created CAMP (Carbon footprint Analysis & Management Platform) product carbon footprint automation system. This action aims to actively participate in capturing the market for low-carbon and environmentally friendly goods.
By selectively pulling relevant data from already-existing internal systems like ERP (Enterprise Resource Planning) without requiring further input, LG Chem’s CAMP reduces human error. Additionally, it quickly and accurately calculates a product’s carbon footprint using techniques that have received international certification, enabling businesses to anticipate the needs of customers around the world.
