Meeting of the Study Group on Product Carbon Footprint Calculations and Verification for Supply Chain-Wide Carbon Neutrality to Be Held
September 20, 2022
The Ministry of Economy, Trade and Industry (METI) will hold a meeting of the Study Group on Product Carbon Footprint Calculations and Verification for Supply Chain-Wide Carbon Neutrality to sort out the trends surrounding the product carbon footprint (CFP) and discuss future directions and guidelines for calculating and verifying CFP.
Last August, METI compiled an interim report of the Study Group on Ideal Economic Approaches for Achieving Worldwide Carbon Neutrality, and stated in the report that it would promote expert discussions based on existing efforts regarding the establishment of CFP infrastructures using IT. In the Clean Energy Strategy Interim Report compiled this May, too, the ministry proclaimed that it would create markets where green products would be chosen over others by setting in place rules for labeling CFP, and at the same time encourage efforts to enhance the products' competitive edge and supply chain resilience by visualizing and minimizing CFP across the entire supply chain.
Hence, the ministry decided to inaugurate this study group to discuss approaches to visualizing and minimizing CFP across the whole supply chain based on issues surrounding it.
2. Outline of the study group
In order to create markets where green products will be chosen over others with the goal of reducing emissions across the whole supply chain to become carbon neutral, and to help Japan grow, this study group will meet to discuss the following two things:
- A report which clarifies the direction of policy measures concerning CFP as well as sorts out the situations surrounding CFP inside and outside Japan and—based on those situations—examines rules to refer to from the viewpoints of reducing emissions across the whole supply chain of Japanese companies and enhancing the competitive edge of our products and industries —— "CFP Report (tentative name)"
- Guidelines which organize issues and frameworks considered specifically necessary based on the above viewpoint for CFP calculations and verification, and are able to ensure the appropriate credibility of CFP by complying with them —— "CFP Guidelines (tentative name)"
Dr. INABA Atsushi, Director, Japan LCA Facilitation Centre（LCAF）
Environmental Economy Office, Ministry of Economy, Trade and Industry
The first meeting will be held on September 22 (Thu.), 2022, and several more will be held within the fiscal year to publish the CFP Report (tentative name) and CFP Guidelines (tentative name).
Materials will be published beforehand, and it will be possible to listen to the meeting online.
Division in Charge
Environmental Economy Office, Industrial Science and Technology Policy and Environment Bureaus