CircularTree has been invited to become innovation member for the World Business Council for Sustainable Devlopment SOS 1.5 Pathfinder project.
Based on the success of the first CarbonBlock project in the Automtive industry, CarbonBlock is now going to be tested in the Fast Moving Consumer Goods industry. CircularTree will support the development of an open, interoperable environment to enable a quick ramp up of Scope 3 emissions transparency across value chains.
The reduction of CO2 footprint plays a major role for our sustainable future on this planet. One of the most effective ways to tackle this issue is to reduce the carbon footprint in supply chains.
A recent survey by CDP has questioned 125 global players and close to 7000 of their combined suppliers. Their suppliers have reached a staggering amount of almost 8 billion tons of CO2 emissions per year. This equals the overall amount of Europe's CO2 emissions combined.
CarbonBlock provides the actual carbon footprint of parts and materials in the supply chain. This allows customers to compare the carbon footprint of suppliers and set targets for further reduction. With this process OEM's can ultimately achieve carbon neutral products.
Who benefits of our CarbonBlock?
A lower carbon footprint will become a competitive advantage. Reducing your own carbon emissions is one important step, most of the carbon footprint in your product comes from your supply chain. Getting actual carbon footprint information from your suppliers, allows you to choose those with the lowest carbon footprint for your purchased parts or materials..
Supply Chain Network
CarbonBlock enables all participants to share actual carbon footprint information in the supply chain. The supplier maintains ownership of his information and can easily provide access to potential new customers. Since all information is stored in a standardised format in the CarbonBlock network, it significantly reduces the effort between suppliers and customers.
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