"Carbon Emission Calculation in Minutes" LG Chem, TUV Rheinland Certification

Global Trust Secured for Product Carbon Footprint Measurement Method
Applied to Proprietary Carbon Footprint Calculation System
Expansion to All Domestic and International Products by 2025

LG Chem announced on the 25th that it has become the first company in Korea to receive certification for its 'Product Carbon Footprint (PCF)' calculation method from the German certification body TUV Rheinland. With this, LG Chem will be able to enhance the low-carbon product competitiveness of its customers.

On the 24th, LG Chem held a certificate awarding ceremony for the Product Carbon Footprint calculation method with TUV Rheinland at the LG Twin Towers in Yeongdeungpo-gu, Seoul. The Product Carbon Footprint refers to the amount of carbon emissions generated throughout the entire product production process, including raw material extraction, processing, transportation, and manufacturing, expressed per product unit such as 1 kg, 1 m, or 1 piece. LG Chem’s Product Carbon Footprint calculation method includes mandatory setting criteria recorded in international standards, such as data collection and calculation methods and impact assessment methods.

This method follows the international standard (ISO 14067:2018) and is the first case in Korea to receive certification from TUV Rheinland. Through this certification, LG Chem has secured the reliability of the Product Carbon Footprint calculation process for products such as battery materials and eco-friendly materials, which it has been calculating independently since 2021.

Ma Young-il, Head of Production Information at LG Chem, Frank Juttner, CEO of TUV Rheinland Korea, and Kang Jae-cheol, Head of Sustainability, are posing for a commemorative photo holding the certification for LG Chem's product carbon footprint calculation methodology at LG Twin Towers in Yeongdeungpo-gu, Seoul on the 24th. Photo by LG Chem

LG Chem applies this calculation method to its self-developed carbon footprint calculation automation system, CAMP (Carbon footprint Analysis & Management Platform). It can measure the carbon emissions of a product within minutes. Based on this, the company plans to target the low-carbon eco-friendly product market.

LG Chem CAMP selects necessary data from existing in-house Enterprise Resource Planning (ERP) systems without requiring additional input, minimizing human error, and calculates highly reliable Product Carbon Footprints within minutes based on globally certified methods, thereby responding to the needs of global customers.

LG Chem plans to apply the Product Carbon Footprint system to products produced at all domestic and overseas business sites by 2025 and continuously advance the system.

This content was produced with the assistance of AI translation services.