Hyundai Motor Company and Kia Corporation have collaborated to introduce an advanced Supplier CO2 Emission Monitoring System (SCEMS) that uses AI and blockchain technology to manage the carbon emissions of their business partners. This system calculates carbon emissions at every stage of the supply chain, ensuring accurate data is collected across the suppliers’ operations. The companies aim to establish sustainable supply chains and comply with global environmental regulations to address climate change challenges. The HBAR Foundation, which advocates for sustainable solutions to tackle climate change, has expressed its support for this initiative.
Resource: https://esgnews.com/hyundai-motor-and-kia-introduce-co2-emission-monitoring-system-built-on-the-hedera-network/