Mitigating the climate crisis by scaling distributed ledger technology for supply chain transparency

Investigators

• Harish Krishnan
• Juliette Engelhart
• John Steen
• Victoria Lemieux 
   

Background

Supply chains significantly contribute to the climate crisis, accounting for 60% of global carbon emissions. They play a crucial role in global economic growth yet face pressure to provide transparency due to unsustainable practices. The complexity and competitiveness of supply chains hinder the accuracy of transparency data, with over 42% of firms providing misleading sustainability information.
 

Research Objectives

The investigators aim to explore the application of distributed ledger technology (DLT) to enhance supply chain transparency. They seek to identify the challenges and opportunities in using DLT to ensure data reliability and scalability across complex supply chains. Additionally, they are focused on determining how DLT can overcome siloed data sharing to enable comprehensive transparency for firms, customers, governments, and NGOs, thus addressing climate and sustainability targets more effectively.