As the world is severely affected by the greenhouse effect, climate change has become a major challenge facing the earth. In order to deal with this problem, international organizations formally formulated the ISO 14067 standard in 2018. Its full name is "Greenhouse gases — Carbon footprint of products — Requirements and guidelines for quantification and communication". The Chinese literal translation is "Greenhouse gases - Carbon footprint of products - Quantitative and communication requirements and guidelines”. This standard provides standards and guidance for quantifying, reporting and verifying the carbon footprint of products.
ISO 14067 mainly includes the following contents:
The ISO 14067 standard applies to a variety of products and services, including various product categories, engineering projects, buildings, and various service industries. The scope of this standard is very broad and covers products and services in various fields.
In short, carbon footprint verification can provide data support, reduce risks, enhance competitiveness and demonstrate corporate responsibility, while helping companies find improvement opportunities to cope with carbon tariffs on export products.
An energy-intensive industry, a large amount of CO2 emissions come from the production of steel.
Cement production is another highly energy-intensive process that also generates significant CO2 emissions.
These industries require large amounts of energy and produce products from oil, natural gas or coal.
Producing aluminum requires large amounts of electricity, and CO2 is produced during the electrolysis process.
Fertilizer production, especially nitrogen fertilizer production such as urea and ammonium nitrate, involves energy-intensive processes and generates significant greenhouse gas emissions.
If the production of hydrogen involves large amounts of carbon emissions (such as gray hydrogen), the hydrogen production may be subject to CBAM regulations because the production process does not fully reflect the carbon cost.
The carbon footprint of electricity depends on how it is produced. For example, if electricity is produced through coal-fired power plants, its associated high carbon emissions may make such electricity subject to CBAM adjustments.
Documents that customers should prepare for review:
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