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Asahi Kasei Europe becomes member of joint blockchain technology pilot project for ISCC PLUS certification

Düsseldorf and Tokyo, 11 October 2022 – In September 2022 Asahi Kasei Europe became member of a pioneering joint project on blockchain technology for the ISCC PLUS certification. Led by the Dutch software provider Circularise and the Japanese trading company Marubeni, this project aims at enhancing the efficiency of the certification process and the integrity of the certified data.

In order to achieve its goal of becoming carbon neutral by 2050 and to contribute to a carbon-neutral society, the Asahi Kasei Group is currently enhancing activities around the utilization of bio-based and recyclable materials, as well as renewable energy sources. To ensure full reliability and transparency, the company is accelerating the certification of its more sustainable materials, also responding to the changing needs of the customers.

The ISCC PLUS certification is one leading global certification scheme that links the supply chain from raw materials such as biomass feedstock and recycled materials to finished products through mass balance management. This helps to guarantee full transparency of the final products to the end user. With both reliability of the certification and efficiency of the certification process increasingly growing in importance, Asahi Kasei Europe decided to participate in abovementioned pilot project.

Akira Nishizawa, Managing Director of Asahi Kasei Europe, comments: “We aim to contribute to a sustainable society through our business. As a supplier of plastics, fibers, and synthetic rubber, the ISCC PLUS mass balance certification is becoming more important for us to advance this strategy.”

Test results confirm confidentiality and reliability of blockchain technology

In addition to the project leader Circularise, ten companies across the entire supply chain participated in this project, including chemical manufacturers, trading companies, and consumer electronics manufacturers. The mass balance management of ISCC PLUS certification was operated on Circularise’s software system, and the 10 companies conducted trial runs, testing the effectiveness of the system, as well as the material traceability and data verification.

The results of the trials confirmed that in addition to the system efficiency, the utilization of blockchain technology ensures full confidentiality in the data transmission process across the entire supply chain, appropriate mass balance management, and full data reliability.

Nishizawa concludes: “Many of our products are currently in the process of obtaining the ISCC PLUS certification. This still takes much effort and time.” A more efficient certification process is needed to achieve a sustainable society, and we have found that digital technology can play a major role in this process.”

About the Asahi Kasei Corporation
The Asahi Kasei Group contributes to life and living for people around the world. Since its foundation in 1922 with ammonia and cellulose fiber businesses, Asahi Kasei has consistently grown through the proactive transformation of its business portfolio to meet the evolving needs of every age. With more than 46,000 employees around the world, the company contributes to a sustainable society by providing solutions to the world’s challenges through its three business sectors of Material, Homes, and Health Care. Its Materials sector, comprised of Environmental Solutions, Mobility & Industrial, and Life Innovation, includes a wide array of products from battery separators and biodegradable textiles to engineering plastics and sound solutions.

For more information, visit www.asahi-kasei.com.

Asahi Kasei is also dedicated to sustainability initiatives and is contributing to reaching a carbon neutral society by 2050. To learn more, visit https://www.asahi-kasei.com/sustainability/.

North America Media Inquiries
ATTN: Jonathan Todd
Asahi Kasei America, Inc.
info@ak-america.com
www.asahi-kasei.com

Europe Media Inquiries
ATTN: Sebastian Schmidt
Asahi Kasei Europe GmbH
AKEU-Info@asahi-kasei.eu
www.asahi-kasei.eu