archiveMay 17, 2023

Robust Scope 3 reporting tools are essential for achieving industrial sustainability objectives but firms face a range of practical challenges. Large industrial companies may find it challenging to obtain data from lower-tier suppliers that may not track their CO2 emissions. Additionally, there is no standardised methodology for Scope 3 emissions calculations and disclosures, creating difficulty in assessing the activities of a broad set of suppliers, each using different data collection and reporting methods. While some areas of industry are racing ahead with AI and machine learning, others are still using...

Digital product passports will play an increasingly central role in value chain sustainability and the circular economy. Powered by blockchain and AI technology and due to become law across the EU in 2026, DPPs are key to establishing the credibility of strict new supply chain reporting rules but is business and industry ready to embrace the benefits of DPPs? The digital product passport (DPP) is a tool proposed by the European Commission (EC) to create transparency, unlock circularity and share product information across the entire value chain including data on...