There can be little doubt that positive ESG business outcomes are crucial if we are to solve some of the most pressing environmental challenges we face at the global level. And the success of corporate ESG programmes is dependent on having clearly defined reporting structures — i.e. those that are transparent, auditable and capable of measuring performance metrics (KPIs) effectively and securely.

In reality, however, introducing this level of traceability and transparency - especially when dealing with complex supply chains and operations spread across multiple geographies - is no small task. In fact, it presents companies with significant operational, logistical and technological hurdles to overcome.

We explore how emerging blockchain technologies can provide businesses with the necessary technological framework to introduce traceability into industrial processes and to verify transparency in a way that no other digital technology can; thus enabling businesses to dramatically improve their sustainability credentials and reporting procedures as a Blue Carbon market emerges.