Asahi Kasei: Blockchain technology pilot proj...
Asahi Kasei

Blockchain technology pilot project

(Source: Asahi Kasei)
(Source: Asahi Kasei)

In September 2022 Asahi Kasei Europe became member of a pioneering joint project on blockchain technology for the ISCC PLUS certification. Led by the software provider Circularise, The Hauge/Netherlands, and the trading company Marubeni Corp., Tokyo/Japan, 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, Tokyo, 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.
The ISCC PLUS certification is a 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.
In addition to the project leader Circularise, 10 companies across the entire supply chain, among them Asahi Kasei Europe, Düsseldorf/Germany, 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.

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