SUPPLY CHAIN
Blue Mountains , Australia : Climate change is causing extreme weather , prolonged droughts and increasing bushfiresa
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Few areas of business are more intricate and extensive in nature than supply chain . Managing supply risk boils down to one thing : visibility . You cannot manage , measure nor protect against that which you cannot see .
Brody ’ s book contains compelling case studies and examples of blockchain at work in the supply chain .
One of these case studies involves an issue of pressing importance for organisations today : tracking carbon in the supply chains .
“ Regulators are working globally to start tracking and managing carbon footprints ,” says Brody . “ The starting points are often cap-and-trade rules that require enterprises to manage their total carbon output with the aim that they adopt more efficient processes .”
Brody points out that although the industrial world is generally driving down carbon emissions there remain significant challenges and gaps . Some of the biggest , he says include :
• Migration of carbon-intensive industries , because governments fear that getting tough on large GHG emitters will cause them to move offshore .
• Falsified emissions and credits . ( Without global standards and inspection services companies can conceal outputs or falsify carbon offsets .)
• Double-counted offsets and credits .
• Variable tracking methodologies and definitions , which make it hard to compare total emissions for a particular product across geographic or industry lines .
• Siloed national and industry tracking systems supplychaindigital . com 47