How can data drive carbon reduction in the supply chain?
Open data is part of the solution towards reducing carbon emissions and helping the business move towards a greener future.
Over the past few decades, concerns on the increased carbon emissions and their negative impact on the environment have grown. In response, the European Green Deal aims to make Europe climate-neutral by 2050 and thus continue the protection of the environment. Climate-neutrality means reducing greenhouse gas emissions, including carbon dioxide, to as low as possible and compensating for any remaining emissions. This balance is called net-zero emission. Net-zero goes beyond the removal of carbon emissions, and instead refers to all greenhouse gases. Thus, on the path towards climate-neutrality.
To become climate-neutral, it is essential that businesses reduce their carbon emissions and not only meet the expectations from stakeholders, but also comply with sustainability regulations. Carbon emissions are also present throughout the supply chain. Open data and analytics can play a critical role in reducing emissions for example by using artificial intelligence for optimization, enhance supply chain transparency, or form a strategy supported by user carbon profiling.
The usage of AI shows great potential to reduce carbon emissions, presenting more accurate predictions and improving processes throughout the supply chain. AI can also support renewable energy production. On the other hand, it's important to note that AI itself emits carbon due to the energy and hardware it requires. Therefore, while AI can be part of the solution towards net-zero emission, its carbon footprint must be taken into account.
Open data can also improve carbon emission transparency in the supply chain.By providing insights into the carbon emissions of different suppliers, open data can help businesses make more informed decisions and identify the most environmentally friendly suppliers. This information is essential to calculate the carbon footprint of a product and create its carbon profile. Ultimately, carbon profiling and the use of open data and analytics can support businesses develop more accurate carbon reduction strategies.
Overall, open data and analytics can help businesses understand the environmental impact of their supply chain and make more informed decisions. By leveraging the power of data and analytics, businesses can work toward a greener future and contribute to a more sustainable planet.Hereby, data.europa.eu is a valuable resource for businesses and individuals looking to access datasets regarding carbon emission.
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