Summary
- Profile Type
- Business Offer
- POD Reference
- BOFR20240522015
- Term of Validity
- 22 May 2024 - 22 May 2025
- Company's Country
- France
- Type of partnership
- Commercial agreement
- Targeted Countries
- CyprusCzechiaFranceGermanyBulgariaFinlandEstoniaIndonesiaHungaryIcelandDenmarkGreeceAustriaBelgiumIndiaChinaCroatiaNetherlandsSlovakiaLatviaLithuaniaJapanItalyRomaniaNorwayNorth MacedoniaPolandSerbiaPortugalIsraelMaltaMexicoIrelandSingaporeLuxembourgSloveniaSwitzerlandUnited KingdomSwedenVietnamSouth KoreaUnited StatesTaiwanSpain
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General information
- Short Summary
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The electronics supply chain, with its many components, suppliers, processes, and countries, makes measuring Embodied Carbon and Scope 3 emissions complex. This makes meeting EU CSRD reporting for companies or their suppliers costly, taking months of work.
The company converts months to minutes via automation, a digital eco-twin of the electronics supply chain and a Networked Electronics ecosystem.
Moreover, forward leaning companies can use the ecodesign tools for competitive differentiation. - Full Description
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As per CSRD regulation, EU companies with a revenue greater than 50M€ have to start reporting their carbon footprint in 2025/2026, along with their annual financial results.
This includes their own carbon footprint, and carbon footprint in their supply chain, from extraction to product use.
Thus, even EU and non-EU suppliers that may not have to report their footprint from a regulation perspective, will be asked to do so by their customers who are subject to the regulation.
The electronics supply chain is very complex, with multi-components, processes, suppliers, countries and distribution tiers. This makes acquiring the data and calculating the Product Carbon Footprint and Company Carbon Footprint very time consuming and inaccurate.
Additionally, these data points are changing and improving all the time, as companies and countries move to more sustainable energy and practices.
However, due to the current manual processes with inaccurate data, companies spend months on measurement and reporting, instead of focusing on having a positive impact on their results and on the environment. Thus, companies can't create competitive differentiation from their sustainability efforts.
This is where the French company helps companies in the electronics sector: by creating a digital eco-twin of the electronics supply chain, underlaid with industry average data (also called secondary data), the SaaS platform, from just the bill of material, can calculate the Product Carbon Footprint of an Electronics device in minutes.
It includes:
-The Scope 1, 2 and Scope 3 emissions
-The Product Carbon Footprint
-The Company Carbon Footprint
-Reporting in the ESRS E1 format needed by CSRD
This is done and reported as per the ISO 14044/67 LCA methodology and using the GHG protocol for calculation.
These methods, calculations as well as the industry average data sources used by the French company are approved by the CSRD regulation, and are reported within the ESRS E1 format that is required by the law.
By automating and digitalising this entire process, the French company helps companies in the electronics sector save their teams months of time and effort gathering data and reporting, offering them an instant Return on Investment.
However, the French company does not just stop at easing companies pain in Measurement and meeting reporting regulation. It also helps them convert their investment in regulatory reporting into tangible impact on Sustainability and competitive differentiation.
This is done by :
-moving from industry-average data to supplier specific data (also called primary data)
-eco-design simulations and eco-system
-empowering their teams
Thanks to the French company's Networked Electronics Ecosystem, primary data is being gathered from suppliers all across the value chain. This primary data helps companies keep track of and improve their own Product and Company Carbon Footprint in real time as suppliers' improvement efforts come online. The French company also sets into motion its eco-design simulations and ecosystem for companies' products, allowing collaborative teams within companies as well as across their supply chain to work on new ways of product and service design to decrease the environmental footprint and increase circularity.
As both these factors are very important for their customers too, being a forward-leaning provider in their market segment on sustainability and circularity will help create competitive differentiation.
Thus, the French company helps companies improve their revenues, providing a return on investment on their investment in sustainability.
Lastly, the empowerment of clients' teams via the collaborative framework of the French company, which enables primary data and eco-design, helps employees take an active and positive role in sustainability efforts, moving it from drudgery and a box-checking exercise into one that brings fulfillment and benefits for themselves, their company and the planet. - Advantages and Innovations
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The digital eco-twin of the electronics supply chain automatically helps model the client's products and generate their Product Carbon footprints.
Thus, it helps non-technical experts such as ESG managers feel empowered and speeds up their work.
Preparing their companies CSRD reporting on emissions goes from months to minutes.
The French company's Networked Electronics EcoSystem, which helps gather primary data and uses Machine Learning Algorithms, ensures that companies do not incur costs reinventing the wheel on data collection for commercial-off-the-shelf supplies, instead using their resources and creativity for improvement impact.
The eco-design simulations and empowerment of teams within companies / between companies and suppliers / across electronics companies, helps move the needle faster, both in terms of growth from sustainability differentiation as well as improving the impact on the planet. - Stage of Development
- Available for demonstration
- Sustainable Development Goals
- Goal 13: Climate Action
Partner Sought
- Expected Role of a Partner
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1.
Company in the electronics sector needing to measure Product carbon Footprint and/or Company carbon footprint .
Expected to be visionary and forward leading, aiming to make sustainability a competitive differentiation advantage.
Program sponsored by the C-level, thus knitting together the various underlying teams needed to make this a success.
2.
ESG or LCA consultants, working with electronics sector clients and looking for solutions to help themselves and their clients in measuring and improving the emissions footprint. - Type and Size of Partner
- Big companySME <=10SME 11-49SME 50 - 249
- Type of partnership
- Commercial agreement
Call details
- Coordinator required
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Yes
Dissemination
- Market keywords
- 03001008 - Display panels03001007 - Circuit boards03001001 - Semiconductors03001005 - Microprocessors03001009 - Other electronics related (including keyboards)
- Sector Groups Involved
- Electronics
- Targeted countries
- CyprusCzechiaFranceGermanyBulgariaFinlandEstoniaIndonesiaHungaryIcelandDenmarkGreeceAustriaBelgiumIndiaChinaCroatiaNetherlandsSlovakiaLatviaLithuaniaJapanItalyRomaniaNorwayNorth MacedoniaPolandSerbiaPortugalIsraelMaltaMexicoIrelandSingaporeLuxembourgSloveniaSwitzerlandUnited KingdomSwedenVietnamSouth KoreaUnited StatesTaiwanSpain