Carbon Neutrality Institute Advances 'LynC' LCA Cloud System

## Hyundai-Kia Supply Chain Carbon Management, Innovation Begins with 'LynC'! Nth-tier Suppliers Can Also Easily Respond As the automotive industry races towards carbon neutrality at an unprecedented pace, managing carbon emissions across the entire supply chain has become a necessity, not an option. In response to this demand, LynC (Link), the LCA (Life Cycle Assessment) cloud system developed by Carbon Neutrality Institute, a climate tech specialized startup, is garnering industry attention through an innovative update. This update includes integration with Hyundai-Kia's supply chain carbon emission management system, 'SCEMS'. Complex Nth-tier Supply Chain Management, Now Easy with 'Automation' This update proactively reflects the trend of expanding LCA application in the automotive industry beyond primary suppliers to include Nth-tier supply chains. Previously, Nth-tier suppliers faced inefficiencies and risks of error, manually calculating and managing carbon emissions by individually creating Excel files to meet Hyundai-Kia's part-specific carbon emission calculation requirements. However, LynC's new features completely eliminate these hassles. Not only has accuracy dramatically improved with automated data processing, but suppliers can now directly transmit carbon emission data to Hyundai-Kia's SCEMS system without complex procedures. This sets a new standard for more systematic and efficient management of carbon information across the entire supply chain and is expected to significantly reduce the workload for suppliers. LynC, Optimized for Global Standards, Perfectly Responds to Overseas Automaker Brands Developed by the Carbon Neutrality Institute, LynC is a comprehensive LCA analysis internalization solution that goes beyond simple data integration. Its expertise stands out particularly because it incorporates LCA and product carbon footprint calculation logic based on international standards ISO 14040, ISO 14044, and ISO 14067. This means it can perfectly respond not only to Hyundai-Kia but also to the demanding part-specific LCA calculation frameworks required by overseas automaker brands, including those in Europe. Furthermore, LynC offers various features that maximize the efficiency of carbon management tasks, such as automatically generating Korean and English reports tailored to international standards, and simplifying ISO third-party verification and international LCA certification procedures. Companies can systematically manage LCA data on an integrated platform and easily navigate complex certification processes. Secure Core Competitiveness, Carbon Management Capabilities with LynC Globally, the automotive industry is strengthening carbon emission management across its entire supply chain to achieve carbon neutrality goals. Particularly, the introduction of the EU's Carbon Border Adjustment Mechanism (CBAM) and the tightening of environmental regulations in various countries are making accurate carbon emission calculation and management capabilities not just a duty for manufacturing companies, but a crucial factor determining their competitiveness in the global market. Lee Min, CEO of the Carbon Neutrality Institute, expressed confidence, stating, "LynC will be an essential tool for domestic manufacturing companies to proactively meet increasingly complex and stringent global ESG and carbon neutrality standards, thereby achieving sustainable growth." He added, "We will continue our relentless technological development and user-centric system enhancement to innovatively strengthen manufacturing companies' digital-based response capabilities," emphasizing LynC's crucial role in the future automotive industry's journey towards carbon neutrality. This latest update to LynC will be a significant turning point for the domestic automotive supply chain to secure stronger competitiveness in the era of global carbon regulations.