About the project
CSyARES creates a standardised sustainability certification for rare-earth elements (REEs), focusing on a “Product Environmental Footprint”. The project intends to integrate REIA’s sustainability standards for REEs with Circularise’s patented traceability technology and Minviro’s sustainability metrics. Together with the participation of Grundfos and BEC Magnetics, the partners provide an integrated solution.
REIA (Rare Earths Industry Association) has developed standards on assessing sustainable performance of supply chains. Minviro offers life-cycle-assessment (LCA) tools for companies to assess their sustainability metrics and standards fulfillment. Circularise offers a blockchain-based transparency solution to communicate absolute proof for the circular economy, sustainability and recycling practices of manufacturers, like the standards and assessments of REIA and Minviro. Grundfos is an original equipment manufacturer who uses REE materials in the production of pumps. BEC GmbH is a world-leader for human-robotic interaction with products for rehabilitation, radiotherapy, and industrial applications. Together the partners provide a business model to stakeholders who are now able to prove their compliance and quality criteria to their customers. All parties will increase transparency, sustainability standards and recycling along the supply chain.
This project: (1) scales the blockchain system for supply-chain transparency and decentralised certification to serve the whole supply chain; (2) upscales REIA’s standard for sustainable performance along the supply chain; (3) integrates the REIA standard with Minviro’s LCA tool and Circularise’s new scaled technology; (4) demonstrates the system and business model of sustainable sourcing via collaboration with Grundfos and BEC GmbH and members of REIA. Circularise and Minviro will implement the software on supply-chain transparency and generate LCAs for the environmental impacts of example supply chains. Improved international-resource transparency and governance leads to stability, predictability, resource efficiency and hence a better foundation for competitiveness on a sustainable basis.
Project objective and scope
BEC Gesellschaft für Produktmanagement mbH
Grundfos is a global pump and water-solutions company with expertise in energy- and water-efficient solutions and and systems for a wide range of applications, including water utility, water treatment, industries and buildings.www.grundfos.com
Minviro is a consultancy and technology company that focuses on a stronger integration of life-cycle assessment in the mining, metals and recycling industries.www.minviro.com