We have some news to share. Together with seven leading industry players from the mining and metals industry and the World Economic Forum we have been working on a proof-of-concept for a Carbon Tracing Platform. The platform will be critical in helping to ensure traceability of emissions from mine to the final product. With a focus on end-to-end traceability, the platform uses distributed ledger technology to track CO2 emissions.

We have been responsible for the design and development of the proof of concept, which not only tests the technological feasibility of the solution, but also explores the complexities of the supply chain dynamics and sets requirements for future data utilization. In doing so, the proof of concept responds to demands from stakeholders to create “mine to market” visibility and accountability.

This is a great step for forward thinking companies to practically address a sustainable future.

Gisbert Rühl

CEO of Klöckner & Co (one of the seven participating companies in the pilot)

Our work lays the foundation for the next phase of the development and reinforces comprehensive feedback sessions with stakeholders. We will explain more about the working of the concept and it’s context soon.

Read the press release on the website of the World Economic Forum.