SPONSORED: Digital Ecosystems: A Data-Driven Approach To Decarbonizing Supply Chains from Siemens
Sustainability is among the top concerns of industry leaders nowadays, who already work vigorously to implement sweeping measures to decarbonize their operations and boost energy efficiency.
Consumers, investors, and governments are demanding clear labeling from manufacturers about their “green claims.” Carbon offset markets need reliable and transparent information to function and grow. And suppliers must comply with the requirements of customers and regulations and provide trustworthy and transparent insights.
“We have to establish open, cross-industry standards to exchange trustworthy and secure PCFs by using technologies such as crypto verification,” says Cedrik Neike, member of the managing board at Siemens AG. “Only then can we act efficiently to reduce emissions in a sustainable way. Supply chain partners need to be open and transparent with each other. In doing so, we can accelerate the move toward net-zero manufacturing.
Applying its experience from automation technology and industry software, Siemens has initiated an ecosystem-based approach for aggregating and exchanging such climate-relevant information about products. Estainium, an open, cross-industry network, aims to enable manufacturers, suppliers, customers, and partners to exchange trustworthy PCF data. With SiGreen, Siemens’s offering for managing emissions as a gateway to the network, Estainium can help users quantify their own PCFs.
Achieving this quantification at scale requires a significant commitment and an ecosystem-based approach, with three main characteristics: A common interface and data model for interoperability, using an open-source approach for PCF reporting and based on a semantic data model, to create common standards for exchanging information seamlessly and confidentially between systems and databases.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Video Quick Take: Siemens Energy’s Maria Ferraro on the Importance of Allyship - SPONSOR CONTENT FROM SIEMENS ENERGYSPONSORED: Video Quick Take: Siemens Energy’s Maria Ferraro on the Importance of Allyship from Siemens_Energy
Read more »
Alameda Research, Jump Capital Lead $37M Funding for 3Commas Automated Crypto Trading PlatformAutomated crypto trading platform 3Commas has raised $37 million in a Series B funding round led by TargetGlobalVC, AlamedaResearch, jumpcapital and the CEO of crypto custodian CopperHQ. BrandyBetz reports
Read more »
New England Patriots ink sponsorship deal with crypto firm ChainCrypto firm Chain will be the New England Patriots's new 'official blockchain and web3 sponsor.'
Read more »
For Retailers, a Direct Link from ‘Buy Now, Pay Later’ to the Bottom Line - SPONSOR CONTENT FROM PAYPALSPONSORED: For Retailers, a Direct Link from ‘Buy Now, Pay Later’ to the Bottom Line from PayPal4Business
Read more »
Web3 Firm Chain Reveals Multi-Year Partnership With the New England Patriots – Blockchain Bitcoin NewsChain details that the multi-year deal will allow the company to serve as the New England Patriots “official blockchain and Web3 sponsor.”
Read more »
Why Is Fashion Still Sleeping on All-Natural Dyes?The pigments stem from Earth-friendly materials, are supply chain-ready and do wonders to eliminate wastewater. So why isn't every manufacturer using them?
Read more »