Challenges in Current LCA Practices
In the realm of sustainability claims, companies often face challenges in accurately assessing their environmental impact due to the reliance on averaged secondary data for Life Cycle Assessments (LCAs). This practice can result in misleading claims and undermine the credibility of sustainability initiatives. Circularise recognizes this issue and offers a solution through the collection of primary data from the entire supply chain, going beyond tier 1 suppliers.
The Importance of Primary Data
By enabling companies to access primary data directly from their suppliers, Circularise empowers businesses to conduct more accurate LCA calculations. With primary data flowing seamlessly through the supply chain, organizations can substantiate their sustainability claims with legitimate evidence, ensuring transparency and reliability in their environmental impact assessments.
Supply Chain Traceability for Improved Accuracy
Circularise emphasizes the significance of traceability throughout the supply chain to enhance the accuracy of LCA results. Through traceability, companies can track the origins of raw materials, understand scope 3 emissions, reduce risks associated with unsustainable practices, and improve overall quality control. This level of transparency supports not only the credibility of sustainability claims but also fosters a culture of accountability and environmental responsibility.
Empowering Industries with Digital Product Passports
Circularise's innovative approach extends beyond LCA accuracy to encompass digital product passports that provide comprehensive traceability tools for various industries such as automotive, batteries, construction, electronics, metals, and plastics. These passports enable transparency without compromising data privacy, allowing businesses to make informed decisions based on verified information. With features like mass balance bookkeeping and audit-ready reporting, Circularise equips industries with the tools needed to advance circularity and sustainability practices.