For many companies, supply chain and logistics are responsible for more than 10% of the overall company costs.
[PwC]
The EU estimates that the EUDR alone could increase costs by €175 million-€2.6 billion,, for multinationals importing to the EU too.
Institutional investors are spending an average
of $1,372,000 annually
to collect, analyze, and report climate data alone [ERM]
Demand means that the supply chain data analytics market alone is set to grow to
USD $38.78 billion by 2032
[researchandmarkets.com]
The need for data
Project 1: Rewired AIR
Supply Chain Impact Transparency: AIR
Without understanding where assets are located, we cannot make things better.
Supply chains generate 60% of global emissions [Accenture]
Up to 90% of an organisation’s environmental impact lies in the value chain [Carbon Trust]
Environmental supply chain risks to cost companies $120 billion by 2026 [CDP]
Led by Supply Chain Data Partnership AIR [Asset identification Registry] delivers transparency of an asset location through certification and unique identifiers, enabling global supply chains to increase resilience to climate change and meet new disclosure and regulatory requirements.
Together this enables more effective monitoring and de-risking of supply chain assets.
Why this is good for business
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Accelerates and amplifies restoration and deforestation free corporate commitments, brand claims and compliance with due diligence legislation.
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Accelerates a consistent approach to location validation that removes greenwashing and supports accurate reporting and green finance.
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Enables trust to support transparency.
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Shines a light on the darker areas of the supply chain to help buyers and investors disrupt and intervene.
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Assists in reducing emissions, biodiversity loss and environmental impact of supply chains.
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The use of verified identifiers is an enabler for the flow of borderless trade.
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Can be linked to digital passport systems.
AIR sets us on the path to a Unified Data Model, where meaningful metrics, a flexible and open architecture and practical assurance approach will create trustworthy sustainability reporting throughout a supply-chain, of equivalent quality to financial reporting. This will then be simply communicated to investors, consumers, employees and voters, rewarding those companies that engage, report and improve.
Project 3: Rewired Metrics
A core set of metrics that can be meaningfully collected across companies and through supply-chains. Joining forces with and utilising the best frameworks and standards in existence, we are creating a common language for impact reporting. This drives capital towards those organisations and institutions demonstrably doing the right thing for people and the planet.
Project 4: Rewired Priorities
The Project involves the research, development and delivery of an employee engagement tool and a range of aligned learning, training and organisational development services for businesses, that will become the gold standard in employee engagement and activation on sustainability, enabling the ‘rewiring’ of organisations to embed sustainability in everything they do.
The 25% rule says that in order for a group to adopt a new behaviour, only 25% of the group need to change in order to influence and convert the rest. Through both the Rewired Priorities and Cities projects we will provide to employees and citizens greater trust, capacity, agency and motivation to reach that point and help accelerate the transition to more sustainable lifestyle choices.
Project 5: Rewired Cities
Rewired Cities is a series of campaigns designed to better understand citizen priorities and demand. The campaigns are based on a behaviour Change Framework developed with the University of Sussex and use our sentiment analysis tool, a bespoke campaign toolkit, city-based activations and in-person workshops. These involve urban communities, local business and government, to identify shared outcomes, and the gathering of qualitative and quantitative data to act as catalysts for sustainable transformation.
