BIORADAR Self-Assessment Tool

Green business.

The BIORADAR self-assessment tool offers a host of benefits, empowering stakeholders within industrial bio-based systems to measure their performance effectively and comprehensively across various impacts.

  • Existing Tool (SOA): The 'Dashboard for Cross Country Measurement of EU Bioeconomy: An Input-Output Approach' developed by the BioMonitor project provides detailed EU Bioeconomy information at an industry level.
  • BIORADAR Progress: Building upon existing tools like the BioMonitor dashboard, BIORADAR introduces a novel approach to extend coverage to environmental impacts, carbon removal potential, indirect land-use change (iLUC) risks, and the circularity of bio-based systems.

  • BIORADAR self-assessment enables stakeholders to measure their performance across multiple dimensions:
    • Environmental
    • Economic
    • Social
    • Circularity
  • A set of Key Performance Indicators (KPIs) validated within the project ensures accurate and reliable measurements.

The BIORADAR self-assessment tool represents a significant advancement in assessing the performance of industrial bio-based systems, leveraging existing resources while introducing new dimensions, offering stakeholders a holistic understanding of their impacts and aiding in informed decision-making.

BIORADAR AI-driven (data-driven) Benchmarking and Analytics Platform

Data flowing with high speed showing Futuristic information technology and computer science concept

The BIORADAR Data-Driven Benchmarking and Analytics Platform revolutionises the benchmarking process by leveraging automation, dynamic analysis, and diverse data sources facilitated by AI-based algorithms that will empower bio-based companies to make informed decisions, enhancing their sustainability, circularity, and overall performance within the industry.

  • Challenge of Manual Benchmarking: Manual benchmarking poses challenges and remains incomplete.
  • Proactive Risk Identification: BIORADAR's platform enables bio-based companies to proactively identify emerging risks.
  • Dynamic Monitoring: Companies can monitor risk evolution over time, allowing for timely adjustments.
  • Strategic Integration: Insights gained can be seamlessly integrated into business strategies.

  • Automation Gap: Existing solutions lack a fully automated approach for benchmarking environmental sustainability and circularity in bio-based systems.
  • BIORADAR Approach: The AI-driven benchmarking tool employs mathematical programming models.
  • Complex Benchmarking: The platform conducts complex benchmarking exercises by considering various variables pertinent to the bio-based industry.

  • Comprehensive Data Collection: BIORADAR's benchmarking goes beyond metrics and indicators.
  • Diverse Data Sources: The platform sources data from corporate reports, legal frameworks, online news, and more.
  • Trust Assurance: By drawing from varied sources, the benchmarking process aims to maximise trust in the insights provided.

The BIORADAR self-assessment tool represents a significant advancement in assessing the performance of industrial bio-based systems, leveraging existing resources while introducing new dimensions, offering stakeholders a holistic understanding of their impacts and aiding in informed decision-making.

BIORADAR Global Bio-Based Systems Regulatory Tracker Tool

European Union Data Protection bits

The need to address critical aspects like environmental impacts, iLUC risks, carbon removal potential, and circularity within bio-based systems is increasing. As compliance, financial concerns, and reputation risks amplify, BIORADAR presents the Global Bio-Based Industry Regulatory Tracker.

  • The tool covers a broad spectrum of policy developments linked to environmental impacts, iLUC risks, carbon removal potential, and circularity of bio-based systems.
  • It merges both hard laws and soft norms, providing a holistic view of regulatory landscapes.

  • Corporate executives and entities gain exclusive, data-driven insights through the Tracker.
  • These insights empower proactive management of bio-based regulatory risks and identification of opportunities.
  • The tool contributes to enhanced risk management and due diligence processes.

  • By staying abreast of evolving regulations, businesses can better navigate compliance challenges.
  • This tool enables companies to seize opportunities for innovation and sustainability within the bio-based sector.
  • Proactive engagement with regulatory changes minimises potential negative impacts.

BIORADAR's Global Bio-Based Systems Regulatory Tracker Tool equips businesses with the tools to navigate the complexities of regulations, enabling them to safeguard their interests, capitalise on opportunities, and contribute to sustainable practices within the bio-based industry.