eco₂Veritas Automated Mass Balancing
eco₂Veritas automates manual work items of mass balancing, through AI-based extraction of material types and volumes along the material value chain.
eco₂Veritas elevates the mass balance approach by amending periodic, trust-based audits with continuous, evidence-based verification.
eco2Veritas creates an irrefutable "digital twin" of the material flow, ensuring unmatched integrity and transparency for certified claims.
While the mass balance approach is a powerful tool for the circular economy, its traditional implementation relies heavily on periodic audits and self-reported data. This creates gaps where errors, inconsistencies, or even fraud can occur. eco₂Veritas is designed to close these gaps, transforming mass balance from a "trust-based" to a "proof-based" system.
Providing access to the digital product passport (DPP) of each delivered batch of sustainable material and to the digital twin of its production process provides ultimate proof of sustainability claims.
Secure Mass Balancing beyond Company Boundaries
Blockchain technology allows storing genuine and countable items of digital data through tokens. eco₂Veritas tokenises sustainable material on a blockchain, each token representing one tonne of material. Transferring tokens to downstream supply chain partners provides them with irrefutable proof of sourced material, with a digital link back to all evidence secured by eco₂Veritas. This chain of custody secures mass balancing along a complete supply chain.
Advantages of eco2Veritas
Simplified Compliance and Reduced Costs
Unmatched Transparency and Credibility
eco2Veritas automates the complex mass balance calculations and generates the reports required by certification standards like ISCC PLUS. This drastically reduces the administrative burden and cost of data acquisition, report generation, audit preparation, freeing up resources and minimizing compliance-related headaches.
eco₂Veritas makes the proof of provenance easily accessible. Brand owners can confidently defend their sustainability claims with a complete digital evidence locker. For consumers, a simple QR code on a final product can link directly to the blockchain record, providing a transparent view of the product's circular journey and building unparalleled brand trust.
"Trustless" Verification with Blockchain
Seamless Enhancement of Standards
All issued artefacts (e.g. certificates of recycling) are recorded as transactions on a blockchain. This allows recipients of artefacts to verify that certificates are truly issued to them and not fraudulently copied and issued to other parties as well.
eco₂Veritas is not a replacement for standards like ISCC PLUS but rather a powerful digital tool to meet and exceed their requirements with much greater efficiency and integrity. It provides the high-quality, real-time data that makes the certification process more robust and credible.
Sustainability.
Verified.
Trusted.
TM
eco2Veritas Certification Ltd.
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