FACTOVA ESG - Customized ESG Professional Services for Sustainability

The platform's core functionality includes template-based data collection (Collector) to ensure data reliability and accuracy, along with integrated data inventory management to maximize operational efficiency. It also applies internationally verified logic for performance disclosure and external reporting analysis, and plans to expand its services to include Digital Product Passport (DPP).

▶ Who is it for?

• Companies requiring EU Carbon Border Adjustment Mechanism (CBAM) compliance
• Companies needing to respond to global ESG regulations and policies
• Companies seeking comprehensive environmental impact management for sustainable operations
• Companies requiring systematic collection, measurement, management, and analysis of enterprise-wide ESG data
• Companies looking for ESG implementation steps but uncertain how
• Companies wanting to benchmark against LG Group's global ESG practices
• Companies seeking rapid ESG service implementation using AWS native services such as AWS Outposts to utilize cloud’s benefits  

▶ Platform Features

1. Definition and management of collection/calculation templates
2. Assignment of responsibilities and notifications by collection template
3. Monthly data aggregation and status tracking (manual/automatic input)
4. Monthly calculation and verification of output templates
5. External data integration
6. Product-level carbon footprint modeling
7. Performance collection (performance linking/allocation)
8. Carbon emission allocation/calculation
9. Analysis data/simulation
10. Report generation
11. Common system library (user management, organization management, menu management, authority management, approval integration, access log management, etc.)
12. Spring Boot-based implementation with React, JSP/JQuery for standardization, extensibility, development convenience, business flexibility, and maintainability

▶ Process Overview

[Step 1] ESG Assessment

• Evaluate ESG data management levels compared to global and industry standards
• Perform industry-specific specialized diagnostics
• Provide key gaps, areas for improvements, and prioritized recommendations

[Step 2] ESG Consulting

• Diagnose ESG status and build improvement plan

1. Develop ESG diagnostic criteria based on ESG initiatives
2. Analyze current status and conduct competitor benchmarking
3. Identify key areas for improvement

• Establish strategy system

1. Establish ESG objectives aligned with corporate vision
2. Select core management areas for each ESG domain (focus areas)

• Operate system (R&R)

1. Establish comprehensive schedule and R&R including ESG committee, evaluation/disclosure response
2. Define R&R for ESG tasks across organizational roles

• ESG roadmap development

1. Establish department-specific ESG metrics and initiatives
2. Develop monitoring framework through initiative-specific scheduling

[Step 3] ESG System Implementation

• Utilize Industry-specific knowledge and implementation experience to reflect client needs in the implementation strategy
• Implementation experience in various value chain legacy system
• Data collection definition through enterprise-wide data relationship understanding
• Rapid deployment through flexible data inventory structure

[ Step 4] ESG System Operation

• Secure stable data inventory
• Efficiently operate stable system
• Continuously support and offer performance improvement and advancement aligned with evolving DX/AI trends

▶ Value Proposition

• Reduces costs and time by minimizing trial and error that could occur during solution asset-based ESG platform implementation, and achieve quick-wins in early implementation (Early Ramp-up)
• Enables data and system-based strategic decision-making
• Provides verified logic applying ISO14067 international standards
• Offers visibility and comparative analysis through flexible parameter simulation

▶ Why LG CNS?

• Global #1 in electronics, chemicals, batteries, and display industries with over 70 years of accumulated knowledge and a team of industry experts with comprehensive know-how in consulting, implementation, and operations
• Provides ESG One-Stop Solution from ESG consulting to diagnosis, implementation, and operation
• Currently serving global leading chemical and battery companies with FACTOVA ESG platform as AWS Premier Partner