The presentation would review key trends in sustainability field, review of sustainability initiatives among companies and hurdles in implementing them. The presentation would indicate key digital tools that could help to achieve sustainability goals and industries most impacted by the changes.
This presentation will explore how the sustainability industry can benefit from digitization, including lessons learnt from Industry 4.0 and the introduction of Web 3.0 across industries. To many, Web 3.0 is nothing more than NFTs and blockchain, and to many more, it’s a passing fad, but we will explore the underlying essence of this new boom in the tech industry and associate the building blocks of Web 3.0 across the sustainability value-chain, including the role of data, ML/AI and blockchain to help improve transparency, accountability and traceability.
We will compare and contrast the sustainability industry with other industries that take a collaborative approach to problem-solving, and identify key focus areas where the stakeholders can come together to help scale the industry at large.
Digital product passports (DPP) aim to gather and share product and supply chain data across entire value chains. This will mean all actors have a better understanding of the materials and products they buy and use and their embodied environmental impact. But which products will be the first to implement digital product passports? What specific data will need to be included? How do you even go about implementing such a digital documentation system? And why make the effort to get ahead of these legislations? Join us on November 9 to learn more about this upcoming regulation and the technological innovations to create end-to-end material traceability and data sharing. Mesbah Sabur, founder of Circularise, will share what is known so far about digital product passports and how Circularise can help to implement material traceability and data sharing along the value chain to comply with these new legislations.
Authors: Hänel, F; Voca, K; Kruschwitz, J; Lee, D; Steinmetz, F; Pukies, G; Schäfer, B; Dos Santos, M Goal: Resource efficiency in supply chains can only be achieved if details on the product’s origin, composition and production process are known. On the other hand, actors in the supply chain are often not willing to expose their identity or manufacturing details. DIBICHAIN aims to map material and product life cycles using distributed ledger technology (DLT) to facilitate circular economy. It supports transparency in supply chains while protecting confidential information of supply chain participants. The aircraft component “Bionic Partition” served as an exemplary use case to identify the most relevant categories of needed product information. Within this study we therefore strive to evaluate the technical feasibility of DIBICHAIN by developing a software demonstrator. Methodology: Interviews with stakeholders were carried out to identify the most relevant categories of product information necessary to support resource efficiency. Furthermore, stakeholders were consulted to create possible business models which would increase the motivation to share relevant data with other supply chain entities. Current DLT concepts (e.g. public, private or federated blockchains) were validated in terms of their capabilities to support anonymous transfer of data in a supply chain. The DLT concept in combination with the results from the stakeholders’ interviews were considered in an architecture concept for the software demonstrator. The concept was published in a working paper that served as the basis for the development of the software demonstrator. The demonstrator was used to validate the feasibility of a DLT-implementation in the supply chain context using the example of life cycle assessment data of the Bionic Partition. Results and Discussion: Stakeholder interviews showed that the product carbon footprint (PCF), material composition, and recyclability information are the most relevant product information to increase resource efficiency. Moreover, stakeholders indicated that direct trade relations between companies must not be shared with other actors of the supply chain. Hence, the DIBICHAIN concept must allow for a high degree of privacy while still maintaining the option to receive reliable product data. Therefore, a private blockchain was selected in combination with software modules handling the anonymization process. Based on this, DIBICHAIN allows actors of the supply chain to search for product identifiers (ID) on the blockchain and retrieve basic product information such as the PCF without knowing manufacturer details. Upon request via the product ID, the manufacturer can provide further product details such as life cycle assessment reports or dismantling information for recycling. If combined with a marketplace model at this step, DIBICHAIN fosters the interest of supply chain participants to collect and provide information about a product’s environmental impact. At the same time, interested parties are empowered to compare and evaluate products and their impacts based on reliable information. DIBICHAIN demonstrates how DLT-infrastructure can be implemented to promote circular economy and ecological product development by enhancing coopetition and transparency while maintaining confidentiality where needed.