Global testing and certification agency TUV SUD Korea announced on the 18th that it signed a strategic Memorandum of Understanding (MOU) with the Carbon Neutral Research Institute, a life cycle assessment (LCA) specialist. This agreement aims to strengthen domestic manufacturing companies' ability to comply with international environmental regulations and systematically support ISO-based environmental verification for export products.
Under the agreement, the two organizations will jointly provide product carbon footprint (PCF) and life cycle assessment (LCA) verification services based on the international standards ISO 14040, ISO 14044 (Life Cycle Assessment), and ISO 14067 (Product Carbon Footprint). The Carbon Neutral Research Institute will be responsible for data calculation and LCA implementation, while TUV SUD Korea will issue an internationally recognized third-party verification certificate based on this data.
ISO 14040, 14044, and ISO 14067 are international standards for scientifically and standardized measurement and verification of the environmental impact of products and services. Through these standards, companies can expect various benefits, including: ensuring the reliability of carbon emissions calculations; strengthening their ability to respond to external stakeholders; responding to environmental regulations; and establishing sustainability strategies.
Through this partnership, the two organizations plan to empower domestic manufacturers to conduct LCAs and facilitate objective ISO-based environmental verification. Specifically, by providing an integrated verification solution that addresses various regulations and corporate disclosure requirements, including the Carbon Border Adjustment Mechanism (CBAM), the EU Battery Regulation, and ESG reporting, the two organizations will support companies in proactive risk prevention and secure competitiveness in the global market.
TUV SUD Korea serves as an official verification body for the EU Emissions Trading System (EU ETS) and CBAM, providing a wide range of verification services based on a high level of reliability in major export markets such as Europe and North America. It supports Korean companies' global expansion through verification services for a wide range of ESG standards, including sustainability reports, PCFs, and LCAs.
Founded in 2021, the Carbon Neutrality Research Institute is a climate tech startup. Through its life cycle assessment SaaS solution, "LynC," the institute integrates corporate carbon data and environmental impact information and supports verification in compliance with ISO standards. Through customized consulting and system development for major corporations and startups, the institute supports the implementation of self-reliant environmental management systems.
“Securing the reliability and transparency of eco-friendly products in the global market is key to corporate competitiveness,” said Seo Jeong-wook, CEO of TUV SUD Korea. “This collaboration will help domestic companies eliminate greenwashing risks through ISO-based environmental verification and strengthen trust with global partners.”
Lee Min, CEO of the Carbon Neutrality Research Institute, said, “ISO-based verification is an important means for export manufacturing companies to secure real competitiveness in global bidding and market entry, but there is still a lack of awareness about it.” He added, “This collaboration will be a new turning point in objective verification of eco-friendly products and response to greenwashing risks.”
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