Digital Ecosystems: A Data-Driven Approach To Decarbonizing Supply Chains - SPONSOR CONTENT 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.

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