L&F Establishes LCA and Blockchain-Based Smart Factory to Strengthen ESG Response
Automated Carbon Emissions Data Calculation and Sharing System Established
Foundation Secured for Catena-X Integration
Advancing AI-Based Autonomous Manufacturing
L&F announced on July 7 that it has established the foundation for an "ABB (AI·Big Data·Blockchain) Smart Factory" by building a Life Cycle Assessment (LCA) system and a blockchain-based data space to respond to global ESG regulations.
The core of this smart factory is the establishment of a system that automatically calculates carbon emissions throughout the entire process, from raw material input to finished product shipment, and enables the reliable sharing of this information. The generated data is securely shared through a data space utilizing blockchain-based decentralized identity (DID) technology.
In December last year, L&F became the first company in Korea to pass the sandbox test for "Catena-X," the European automotive industry’s standard data sharing platform, thereby securing the foundation to exchange carbon and quality data in a standardized manner with global automakers.
L&F has also enhanced its quality management system by applying an Asset Administration Shell (AAS)-based data management framework and adopting global automotive industry standard quality management models such as FMEA, APQP, and PPAP.
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An L&F official stated, "With the launch of our smart factory, we expect to further strengthen our data-driven ESG response capabilities and customer trust," adding, "We will continue to advance towards an AI-based autonomous manufacturing system in phases."
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