Sustainability Audit Compliance

Problem

Organisation are looking to overcome challenges of audit compliance, both statutory and operational, in value chain and reach sustainability goals. There is a clear deficit in its execution in most organisations due to is time consuming, paper-based, siloed processes that exist involving survey tool that makes it a cumbersome activity with critical inefficiencies.

Solution

#dltledgers platform helps to streamline the gaps with a range of sustainability applications. The platform allows to automatically collect data from supplier network guaranteeing accurate collection and validation in blockchain. Multiple input sources can be validated into the framework to provide the tracking of the shipment events in the extended supply chain. This brings mutli-tier stakeholders to execute smart contracts involving multi-parties expanding collaboration across multiple disciplines in multiple geographies. The tamper-proof permissioned blockchain network is designed to decentralise and capture data, document, and information in a secure manner from multiple sources. Trusted collaboration between the counterparties who can view and edit their actions and authenticate data. This can be validated by all stakeholders in the tamper-proof blockchain network leading to real-time tracking of the events across the supply chain and allowing to meet sustainability goals.

Business benefits

ESG data from multiple sources flows into a single unified framework involving multiple geographies. This facilitates data through a pre-set workflow and approval process to fully manage compliant process without manual efforts needed for ESG scoring, ESG profiling and forensics on an ongoing basis.

Improves data validation process enhancing audit compliance with immutable audit trails and reducing probability of green washing, fraud and risk mitigation supporting reliable data to substantiate ethical/ responsible sourcing as part of company policy and or sustainable financing requirements