Global Digital Collaboration Conference - International Trade: Traceability and Transparency for the Sustainable Transition
Centre International de Conférences (CICG) Geneva, Switzerland
Supply chains play a pivotal role in the global transition to more sustainable production that reduces emissions, improves biodiversity, minimises forced labour, and increases re-use and recycling. Governments around the world are mandating climate related financial disclosures that require companies to measure their scope-3 emissions (i.e. emissions embedded in the upstream material inputs). Some regulators are also demanding product level disclosures such as the EU Digital product passport. The regulations as well as corporate social responsibility drivers are increasing the demand for more traceability and transparency in value-chains so that buyers at every step can make more informed decisions to choose more sustainable supply. As market access and/or price incentives propagate through the value chain, so the financial incentives to "greenwash" (i.e. make false claims about sustainability performance) will also increase. Digitally verifiable identities and sustainability evidence will therefore play a critical role in maintaining a level playing field and maintaining the value of more sustainable practices. This panel will discuss the challenges and solutions for supply chain traceability and transparency at a scale that can have a meaningful impact on global sustainability outcomes.
Organizers
During the Global Digital Collaboration Conference, UNECE is contributing to and co-organizing this session.
Speakers
Presented by Nancy Norris, UN/CEFACT Chair, Steve Cappell, UN/CEFACT Bureau Vice-Chair, Susanne Gurth-Orlowski (UNECE Recommendation 49 project lead).