Ovako Launches Digital EPD Tool for Steel Products, Verified by Bureau Veritas
What happened
Ovako, a specialty steel producer, has launched a new digital Environmental Product Declaration (EPD) tool for its products. This platform is the first of its kind to use automated calculations, reducing the time required to compile product-specific environmental data from months to minutes. Bureau Veritas independently pre-verified the tool, which leverages life-cycle assessment expertise to generate robust, article-specific environmental data.
From hub-4.com
Why it matters
The tool addresses growing market expectations from customers and regulators regarding transparency in industrial value chains. By providing quick access to detailed environmental indicators—including resource use and carbon footprint—the EPD helps customers meet their own documentation requirements for materials used in their products.
From hub-4.com
Who's involved
- OvakoSpecialty steel producer and developer of the EPD tool
- Bureau VeritasCompany that independently pre-verified the EPD tool
- ARCThe digital software tool used for automated environmental data generation
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- OvakoSpeculative
Ovako could see its market reach expand by meeting increasing customer demands for product transparency.