GreenPath

AI Quick Summary

Green Path is addressing the challenges of ecological transformation in the automotive industry which faces the dual challenges of transitioning to ecological mobility and the substantial funding required for it. Our cradle-to-cradle approach offers a comprehensive life cycle assessment, enhancing understanding of the true environmental impact of vehicles. Our real-time rating system reveals the ecological footprint, assessing the value and recyclability of components, thus promoting circularity. Green Path: transparency as an enabler for circular mobilityThe automotive industry accounts for one of the largest industries in Europe, the Americas, and Asia. Not only in terms of revenue and employment numbers, but also in terms of R&D investments. The automotive industry is facing a double challenge resulting from the required transformation to ecological mobility and the substantial funding needed to perform this transition.When it comes to ecological transformation, the ecological footprint of cars is mainly determined by analyzing the usage phase of vehicles. Ecological transformation is therefore mainly focused on the consumption and emissions of cars. However, other phases of a vehicle’s lifecycle and respective transformation potentials, such as raw material extraction, components and car production as well as recycling and re-usage potentials to a large extent still remain uncovered.Green Path, the cradle-to-cradle enabler for the automotive industry provides a holistic life cycle assessment of the industry, thereby fostering our understanding of the “real” environmental impact of a vehicle. With our real-time rating system of a car’s life cycle, Green Path is able to provide current and future values of vehicle materials and components as well as recycling and re-usage potentials of vehicles and their components (see illustration). By bringing in transparency to the life cycle, Green Path uncovers the real ecological footprint of vehicles. Our real-time rating system sensitizes businesses as well as customers for neglected ecological impact and underlying financial synergies from engaging in circularity within the automotive industry. Potential Business Cases for Sustainable Automotive LifecyclesGreen Path's technology enables different business cases for sustainability in the automotive industry.For Businesses:Supply Chain Transparency: Companies can track the origins and lifecycle impacts of raw materials used in their vehicles, ensuring supply chains are sustainable and responsible.Real-Time Valuation of Materials: Green Path assesses the current and future values of vehicle materials, aiding businesses in making informed material selection and design choices focused on sustainability.Lifecycle Assessment Tools: Tools are provided to perform holistic life cycle assessments of products, enhancing the understanding of their environmental impacts.For Consumers:Real-Time Material Value Information: Consumers are informed of the current value of the raw materials in their vehicles.Ownership Lifecycle Insight: Green Path provides detailed reports on recycling and reuse potential at the end of a vehicle’s life, guiding consumers towards sustainable disposal and repurchase decisions.BenefitsGreen Path's innovative approach offers significant advantages to the environment, economy, and society through a lifecycle focus and collaborative effort:Planet: Our method addresses the ecological impact of vehicles from production to disposal, advancing the shift to a circular economy. This reduces the environmental footprint and nurtures sustainable practices.Prosperity: Encouraging collaboration across the supply chain, Green Path fosters transparency and synergy, driving sustainability forward. This collective approach boosts business competitiveness and appeal to eco-conscious consumers and investors by cutting costs and enhancing environmental performance.People: Green Path equips individuals with the knowledge to make informed decisions about vehicle use and end-of-life. By delivering scientifically supported insights, we enable choices that benefit both the environment and personal values, promoting healthier, sustainable communities.Team & NetworkWe are a dynamic team with proven track record continuously expanding, embracing cross-sector collaborations for impactful results (see illustration). Team:Dr. oec. HSG Arik Roeschke: Doctorate in Management (Business Innovation) with entrepreneurial experience in the financial sector and the agricultural and photovoltaic sector. Two Master's degrees in International Affairs and Governance (University of St. Gallen) and International Management (Warsaw School of Economics). Additional certificate in Business Education (University of St. Gallen).Former research assistant at the Swiss Institute for SMEs and Entrepreneurship at the University of St. Gallen. Currently a regular lecturer at the University of St. Gallen (scientific work) and the International University of Monaco (entrepreneurship) as well as a member of the board of directors of various investment companies.Honorary commitment as Secretary General of the Swiss Investor Protection Association (SASV)Dr. oec. HSG Michael Gaska: Doctorate in Management (Business Innovation) from the University of St. Gallen with entrepreneurial experience in the retail and fashion industry. Lecturer at the University of St. Gallen. Michael studied business administration at the University of Mannheim, the Warsaw School of Economics and the Vienna University of Economics and Business Administration. He graduated in Mannheim with a Master of Science, before his appointment as project manager at the Center for Family Business and Entrepreneurship at the University of St. Gallen. He is chairman of the St.Gallen Family Office Forum, which organises regular exchanges with family entrepreneurs and investors from Switzerland, Germany and Austria on various key topics. Industry and Research Network: Our network includes expert teams from the mobility, consultancy, production, and finance sectors:Remondis - a multinational company for recycling, water resource management and industrial and communal services which ranks among the biggest recycling firms. We would co-operate for the areas of Piloting and Collaboration as well as Business Case development.Siemens Digital Service - Siemens is a multinational technology conglomerate, encompassing automation and digitalization in the process and manufacturing industries, intelligent infrastructure for buildings and distributed energy systems, rail transport solutions, as well as health technology and digital healthcare services. We would co-operate with division Siemens Digital Service for the areas of Piloting and Collaboration as well as Business Case development.P3 Automotive GmbH - an international consulting company, that offers technology consulting and engineering services, as well as software development for automotive and energy industry. We would co-operate for the areas of Piloting and Collaboration as well as Business Case development.CasperLabs Holding AG - powers scalable, secure and decentralized blockchain solutions for businesses, aiming for a decentralised future. We would co-operate as Blockchain Partner.Mercedes Benz Bau 80 Designbereich - a luxury and commercial vehicle automotive brand with material and design space in Sindelfingen. We would co-operate on material testing.University of St.Gallen, Competence Center for Social Innovation (CSI-HSG) - focusses on research, teaching and sustainability innovations. We would co-operate in building bridges between academia and practice, and facilitate the co-creation and scaling of our solution for systems change.Investor-NetworkOur investor network includes individuals and companies focusing on sustainability, electromobility, real estate, agriculture and solar energy Environmental ImpactGreenPath's strategy not only significantly reduces the environmental footprint of vehicles from production to disposal but also positively influences the mobility market by promoting a transition to a circular economy. This approach aligns with several key United Nations Sustainable Development Goals (SDGs):Material Efficiency: By enhancing the reusability of vehicle components, GreenPath reduces the demand for new materials, aligning with SDG 12 (Responsible Consumption and Production) through better resource management.Enhanced Circularity: Facilitating collaboration across the vehicle lifecycle—from raw material suppliers to recyclers—improves recycling processes. This contributes to SDG 11 (Sustainable Cities and Communities) and SDG 9 (Industry, Innovation, and Infrastructure), fostering innovative and resilient infrastructure.CO2 Emission Reduction: Our comprehensive lifecycle approach significantly cuts CO2 emissions, supporting SDG 13 (Climate Action) and SDG 3 (Good Health and Well-being) by combating climate change and promoting cleaner air.Additionally, GreenPath's methodology embodies SDG 17 (Partnerships for the Goals), emphasizing the importance of global partnerships in achieving sustainable development. GreenPath aspires to forge a path toward environmental sustainability, economic growth, and societal well-being through these efforts.Current stageGreenPath is in the early stages of developing a real-time rating system to accurately assess the ecological footprint of vehicles. This system is part of our broader initiative to provide the automotive industry with a holistic life cycle assessment. We are adopting a comprehensive approach by involving partners from production through to recycling, including universities for impact measurement. By collaborating with stakeholders across the entire value chain, we are diligently exploring the feasibility and effectiveness of our methods to ensure they are both robust and reliable.The Value of the Booster to GreenPathOur main goals are to carry out a feasibility study and analyze the value stream, laying a strong foundation for future efforts. Here’s our plan:Feasibility Study: We will assess the viability of our approach to vehicle lifecycle management. This study will look into the ecological, economic, and social impacts of our strategies, including our real-time rating system for ecological footprints and support for circular economy principles.Mapping the Value Stream: We aim to thoroughly understand and outline the entire value stream in vehicle lifecycle management, from production to disposal. This will help us spot opportunities for optimization, reducing waste, and boosting collaboration across all stakeholders.The potential of the Booster Program for GreenPathGreenPath recognizes the booster program as a key opportunity to enhance our sustainable vehicle lifecycle management initiative:Expert Support: We look to gain insights from experts in circular economy and sustainable mobility to refine our methodologies.Networking Opportunities: We aim to connect with relevant startups, investors, and sustainability stakeholders to foster collaborative opportunities.Resource Access: The booster will provide essential resources like funding and mentorship, critical for our development and scaling efforts.Partner Engagement: We seek partnerships with those who provide infrastructure access, such as manufacturing and recycling facilities, and market access partners like automotive companies. Additionally, we intend to share our knowledge and contribute to these partnerships in the spirit of open innovation, enhancing collaborative impactShort VersionGreen Path is addressing the significant challenges of ecological transformation in the automotive industry, which is crucial due to its vast size and impact in Europe, the Americas, and Asia. The industry faces the dual challenges of transitioning to ecological mobility and the substantial funding required for this transformation. Green Path's cradle-to-cradle approach offers a comprehensive life cycle assessment, enhancing understanding of the true environmental impact of vehicles. Our real-time rating system reveals the actual ecological footprint, assessing the value and recyclability of vehicle materials and components, thus promoting circularity in the industry. The project includes a network of experts and partners bringing expertise across the entire value chain, from suppliers and production to recycling.

Project Idea Metadata

Project Idea Name: GreenPath
Date: 4/8/2024 12:47:11 PM
Administrators:
- Arik Röschke

Project Idea Description

Green Path: transparency as an enabler for circular mobility

The automotive industry accounts for one of the largest industries in Europe, the Americas, and Asia. Not only in terms of revenue and employment numbers, but also in terms of R&D investments.

The automotive industry is facing a double challenge resulting from the required transformation to ecological mobility and the substantial funding needed to perform this transition.

When it comes to ecological transformation, the ecological footprint of cars is mainly determined by analyzing the usage phase of vehicles. Ecological transformation is therefore mainly focused on the consumption and emissions of cars. However, other phases of a vehicle’s lifecycle and respective transformation potentials, such as raw material extraction, components and car production as well as recycling and re-usage potentials to a large extent still remain uncovered.

Green Path, the cradle-to-cradle enabler for the automotive industry provides a holistic life cycle assessment of the industry, thereby fostering our understanding of the “real” environmental impact of a vehicle. With our real-time rating system of a car’s life cycle, Green Path is able to provide current and future values of vehicle materials and components as well as recycling and re-usage potentials of vehicles and their components (see illustration). By bringing in transparency to the life cycle, Green Path uncovers the real ecological footprint of vehicles. Our real-time rating system sensitizes businesses as well as customers for neglected ecological impact and underlying financial synergies from engaging in circularity within the automotive industry.

Potential Business Cases for Sustainable Automotive Lifecycles

Green Path's technology enables different business cases for sustainability in the automotive industry.

For Businesses:

Supply Chain Transparency: Companies can track the origins and lifecycle impacts of raw materials used in their vehicles, ensuring supply chains are sustainable and responsible.

Real-Time Valuation of Materials: Green Path assesses the current and future values of vehicle materials, aiding businesses in making informed material selection and design choices focused on sustainability.

Lifecycle Assessment Tools: Tools are provided to perform holistic life cycle assessments of products, enhancing the understanding of their environmental impacts.

For Consumers:

Real-Time Material Value Information: Consumers are informed of the current value of the raw materials in their vehicles.

Ownership Lifecycle Insight: Green Path provides detailed reports on recycling and reuse potential at the end of a vehicle’s life, guiding consumers towards sustainable disposal and repurchase decisions.

Benefits

Green Path's innovative approach offers significant advantages to the environment, economy, and society through a lifecycle focus and collaborative effort:

Planet: Our method addresses the ecological impact of vehicles from production to disposal, advancing the shift to a circular economy. This reduces the environmental footprint and nurtures sustainable practices.

Prosperity: Encouraging collaboration across the supply chain, Green Path fosters transparency and synergy, driving sustainability forward. This collective approach boosts business competitiveness and appeal to eco-conscious consumers and investors by cutting costs and enhancing environmental performance.

People: Green Path equips individuals with the knowledge to make informed decisions about vehicle use and end-of-life. By delivering scientifically supported insights, we enable choices that benefit both the environment and personal values, promoting healthier, sustainable communities.

Team & Network

We are a dynamic team with proven track record continuously expanding, embracing cross-sector collaborations for impactful results (see illustration).

Team:

Dr. oec. HSG Arik Roeschke: Doctorate in Management (Business Innovation) with entrepreneurial experience in the financial sector and the agricultural and photovoltaic sector. Two Master's degrees in International Affairs and Governance (University of St. Gallen) and International Management (Warsaw School of Economics). Additional certificate in Business Education (University of St. Gallen).

Former research assistant at the Swiss Institute for SMEs and Entrepreneurship at the University of St. Gallen. Currently a regular lecturer at the University of St. Gallen (scientific work) and the International University of Monaco (entrepreneurship) as well as a member of the board of directors of various investment companies.

Honorary commitment as Secretary General of the Swiss Investor Protection Association (SASV)

Dr. oec. HSG Michael Gaska: Doctorate in Management (Business Innovation) from the University of St. Gallen with entrepreneurial experience in the retail and fashion industry. Lecturer at the University of St. Gallen. Michael studied business administration at the University of Mannheim, the Warsaw School of Economics and the Vienna University of Economics and Business Administration. He graduated in Mannheim with a Master of Science, before his appointment as project manager at the Center for Family Business and Entrepreneurship at the University of St. Gallen. He is chairman of the St.Gallen Family Office Forum, which organises regular exchanges with family entrepreneurs and investors from Switzerland, Germany and Austria on various key topics.

Industry and Research Network:

Our network includes expert teams from the mobility, consultancy, production, and finance sectors:

Remondis - a multinational company for recycling, water resource management and industrial and communal services which ranks among the biggest recycling firms. We would co-operate for the areas of Piloting and Collaboration as well as Business Case development.
Siemens Digital Service - Siemens is a multinational technology conglomerate, encompassing automation and digitalization in the process and manufacturing industries, intelligent infrastructure for buildings and distributed energy systems, rail transport solutions, as well as health technology and digital healthcare services. We would co-operate with division Siemens Digital Service for the areas of Piloting and Collaboration as well as Business Case development.
P3 Automotive GmbH - an international consulting company, that offers technology consulting and engineering services, as well as software development for automotive and energy industry. We would co-operate for the areas of Piloting and Collaboration as well as Business Case development.
CasperLabs Holding AG - powers scalable, secure and decentralized blockchain solutions for businesses, aiming for a decentralised future. We would co-operate as Blockchain Partner.
Mercedes Benz Bau 80 Designbereich - a luxury and commercial vehicle automotive brand with material and design space in Sindelfingen. We would co-operate on material testing.
University of St.Gallen, Competence Center for Social Innovation (CSI-HSG) - focusses on research, teaching and sustainability innovations. We would co-operate in building bridges between academia and practice, and facilitate the co-creation and scaling of our solution for systems change.

Investor-Network

Our investor network includes individuals and companies focusing on sustainability, electromobility, real estate, agriculture and solar energy

Environmental Impact

GreenPath's strategy not only significantly reduces the environmental footprint of vehicles from production to disposal but also positively influences the mobility market by promoting a transition to a circular economy. This approach aligns with several key United Nations Sustainable Development Goals (SDGs):

Material Efficiency: By enhancing the reusability of vehicle components, GreenPath reduces the demand for new materials, aligning with SDG 12 (Responsible Consumption and Production) through better resource management.

Enhanced Circularity: Facilitating collaboration across the vehicle lifecycle—from raw material suppliers to recyclers—improves recycling processes. This contributes to SDG 11 (Sustainable Cities and Communities) and SDG 9 (Industry, Innovation, and Infrastructure), fostering innovative and resilient infrastructure.

CO2 Emission Reduction: Our comprehensive lifecycle approach significantly cuts CO2 emissions, supporting SDG 13 (Climate Action) and SDG 3 (Good Health and Well-being) by combating climate change and promoting cleaner air.

Additionally, GreenPath's methodology embodies SDG 17 (Partnerships for the Goals), emphasizing the importance of global partnerships in achieving sustainable development. GreenPath aspires to forge a path toward environmental sustainability, economic growth, and societal well-being through these efforts.

Current stage

GreenPath is in the early stages of developing a real-time rating system to accurately assess the ecological footprint of vehicles. This system is part of our broader initiative to provide the automotive industry with a holistic life cycle assessment. We are adopting a comprehensive approach by involving partners from production through to recycling, including universities for impact measurement. By collaborating with stakeholders across the entire value chain, we are diligently exploring the feasibility and effectiveness of our methods to ensure they are both robust and reliable.

The Value of the Booster to GreenPath

Our main goals are to carry out a feasibility study and analyze the value stream, laying a strong foundation for future efforts. Here’s our plan:

Feasibility Study: We will assess the viability of our approach to vehicle lifecycle management. This study will look into the ecological, economic, and social impacts of our strategies, including our real-time rating system for ecological footprints and support for circular economy principles.
Mapping the Value Stream: We aim to thoroughly understand and outline the entire value stream in vehicle lifecycle management, from production to disposal. This will help us spot opportunities for optimization, reducing waste, and boosting collaboration across all stakeholders.

The potential of the Booster Program for GreenPath

GreenPath recognizes the booster program as a key opportunity to enhance our sustainable vehicle lifecycle management initiative:

Expert Support: We look to gain insights from experts in circular economy and sustainable mobility to refine our methodologies.
Networking Opportunities: We aim to connect with relevant startups, investors, and sustainability stakeholders to foster collaborative opportunities.
Resource Access: The booster will provide essential resources like funding and mentorship, critical for our development and scaling efforts.
Partner Engagement: We seek partnerships with those who provide infrastructure access, such as manufacturing and recycling facilities, and market access partners like automotive companies. Additionally, we intend to share our knowledge and contribute to these partnerships in the spirit of open innovation, enhancing collaborative impact

Short Version

Green Path is addressing the significant challenges of ecological transformation in the automotive industry, which is crucial due to its vast size and impact in Europe, the Americas, and Asia. The industry faces the dual challenges of transitioning to ecological mobility and the substantial funding required for this transformation. Green Path's cradle-to-cradle approach offers a comprehensive life cycle assessment, enhancing understanding of the true environmental impact of vehicles. Our real-time rating system reveals the actual ecological footprint, assessing the value and recyclability of vehicle materials and components, thus promoting circularity in the industry. The project includes a network of experts and partners bringing expertise across the entire value chain, from suppliers and production to recycling.