Secured Korea's first LCA·DPP integrated project with Mycel Strengthening global supply chain response through international standard data collaboration system Enhancing competitiveness of Korean companies' sustainability strategies expected Boosting industry credibility through linkage with official European networks
Thomas Rosch, CEO of Cofinity X (from left), Seongjin Sa, CEO of Mycel, and Woonsung Jung, CEO of Dassault Systèmes Korea, sign a Memorandum of Understanding (MOU) for the LCA·DPP integration project.
Dassault Systèmes announced on the 27th that it has secured a project with bio-material startup Mycel to connect LCA (Life Cycle Assessment) and DPP (Digital Product Passport) for the first time in Korea. This project is considered the first case of a Korean company participating in the global supply chain using international standard data based on sustainability.
LCA is an assessment method that calculates and manages greenhouse gas emissions throughout the entire process from production to disposal of a product, while DPP is a digital passport assigned to each product, a mandatory document for export to the European Union (EU). These systems are spreading mainly in the EU, and the participation of small and medium-sized enterprises significantly impacts the completeness of DPPs for finished product companies, making it an important factor in international trade competitiveness.
The EU is already enhancing data transparency across the supply chain through CBAM (Carbon Border Adjustment Mechanism) and DPP. Consequently, material companies must establish a reliable reporting system based on LCA and sustainability data of their products.
Through this contract, Mycel will establish a system to issue LCA·DPP data monthly and directly link it to relevant agencies. This marks the first participation of a Korean company in the official European LCA·DPP platform.
Woonsung Jung, CEO of Dassault Systèmes Korea, stated, “This collaboration is the starting point for transforming LCA and DPP from mere regulatory compliance into strategic assets that enhance corporate competitiveness. We will support the Korean industry to grow further in the field of sustainable management through data-based collaboration.”
This collaboration is evaluated as a new model that leads the Korean manufacturing industry to meet the sustainability standards of the international supply chain beyond the level of individual companies. Dassault Systèmes plans to continue supporting domestic companies to enhance their global responsiveness in various industrial fields.
Kim Sang-jun
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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