Hyperledger Foundation Hyperledger Global Forum 2022, 6 Oct 2022

Previous Meeting Next Meeting

⏯

youtube image

►

From YouTube: Keynote: ESG with a Bit of Help from Indy - Dr. Andreas Kind, VP Cybersecurity & Trust, Siemens AG

Description

Keynote: ESG with a Bit of Help from Indy - Dr. Andreas Kind, Vice President Cybersecurity & Trust, Siemens AG

We describe the role of verifiable credentials as provided by Hyperledger Indy for implementing the use case of managing environmental, social and governance (ESG) information on the level of individual products. The advantages of verifiable credentials for sharing trustworthy, aggregated ESG information across supply chains is highlighted and demonstrated with the SiGREEN application.

Sessions Details & Slides (if available): https://sched.co/14Hbb
Access All Sessions: https://events.linuxfoundation.org/hyperledger-global-forum/program/schedule/
----
Hyperledger – Open Source Blockchain Technologies

Hyperledger is an open source community focused on developing a suite of stable frameworks, tools and libraries for enterprise-grade blockchain deployments.
It serves as a neutral home for various distributed ledger frameworks including Hyperledger Besu, Fabric, Sawtooth, Indy, as well as tools like Hyperledger Avalon, Cactus and libraries like Hyperledger Aries, Ursa. Learn more about Hyperledger projects: https://www.hyperledger.org/use

Discord: https://discord.gg/rVCn4j7UFd
Case Studies: https://www.hyperledger.org/learn/case-studies
Training & Certification: https://www.hyperledger.org/learn/training
Tutorials: https://www.hyperledger.org/use/tutorials
Webinars: https://www.hyperledger.org/learn/webinars
Events: https://www.hyperledger.org/events
Vendor Directory: https://www.hyperledger.org/use/vendor-directory

Subscribe to the Hyperledger Newsletter: https://www.hyperledger.org/newsletter

Follow-us on Twitter @Hyperledger

Learn about Hyperledger Membership: https://www.hyperledger.org/about/join

#Hyperledger #Blockchain
License
Creative Commons Attribution license (reuse allowed)

A

Yeah good morning, together, I want to talk about ESG with a bit of help, so that the original quad would of course be with a uh help from my friend Indy, but I took it so for the gigs, with with a bit of help, um and um it's so easy is a is a dry uh term, um so it relates to so the hyperledger community in a way.

A

So we what I would like to come forward with is what technology hyperledger technology can really do to help with ESG ESG stands for environmental, social and governance, uh and it really helps to give a view on sustainability for three different areas: the the world area, uh the environment, then the people area, the social aspects and then, um of course, the third one, the the governance, the the organizational area and as dry as it sounds.

A

uh There is a quite an interest from uh the investors side in ESG, and it has been proven that companies that follow up seriously on ESG really perform better financially, and that is uh because of uh the long-term sustainability. That is then also with the financial Revenue that comes uh through the follow-up on ESG targets. There are different schemes, different Frameworks, where ESG is measured, but nevertheless it's fairly difficult to really have a have a grip on on the metrics on on ESG metrics.

A

Another reason why companies perform better is also because of us, so more and more, we we go into a supermarket. We look at a product uh and we think oh, is it uh CO2 neutral? It has a particular carbon footprint, maybe or we in certain products uh food products. uh We we care about where the fish comes from, where the ingredients come from, maybe which region in the world how much, how far it traveled.

A

So there there's more and more awareness from all of us, and that puts pressure on the first um sort of supplier of a good, but then it triggers really down the entire supply chain and that's um more a product level aspect of ESG and that's where I want to go uh with this sort of brief keynote here. uh So on the product level, uh we talk about something like the product carbon footprint. So it's a term that really tells what is the the sum of emissions?

A

When you look from the cradle where, where basically everything came from the mining and the material that goes into an end product, but also the different steps, the processing steps, the manufacturing steps until a point where it actually leaves the gate so a cradle to gate. That's the product, carbon footprint and you could look at other things like water consumption or the the product water footprint as it is called. Are there other aspects uh in terms of in terms of conflict, minerals? How many of these are within a particular product?

A

um Of course. It then relates where exactly were these minerals coming from it's, not necessarily just the fact that they are conflict mirrors in there, but it's the potential that there is an issue and other things like like forced labor or the certification of the suppliers that contribute to an end product, and now there is a big problem, because actually 90 percent of the information related to ESG related uh things come from the supply chain.

A

So, as a single manufacturer as an organization, you could look into your own Factory environment production facility and you find out what is called scope. One scope. Two, so the local emissions in the CO2 context. It's called like this: the local emissions, the um the energy consumption, but it's very difficult in the supply chain to ask your supplier, because your supply, again as a supplier and in in the automotive industry, that's up to seven steps that you have to follow up in order to aggregate the final product carbon footprint.

A

So there is a problem and it is an ecosystem problem. It is a problem about trust, decentralized, uh environment, because suppliers sit anywhere in the world. So we all sort of think naively. Well, blockchain is the solution here in and help to track the aspects of a product along the supply chain and make everything more transparent, and my uh so reply would be really. Is it really like this? Can we really just use a decentralized ledger?

A

Everything from the from the different suppliers will be stored there, and we can then do this aggregation and what we found out uh sort of I work for Siemens. We do a lot in industrial production. Suppliers will not be ready to give critical information to such a system. Even though it's blockchain and yeah, we come with our value proposition of it's secure and safe, and so on, but the it's the access really who can see the data? That's that's not clear, even though this data might might be in a blockchain.

A

So uh there is a confidential data, for instance the bill of material, the number of um suppliers, uh the mix of suppliers, also the ratio, how you mix, basically the sourcing, so a lot of uh sort of Market, critical or differentiation, critical information that suppliers would not want to hand over. So what we came up with is a slightly different approach where we use verifiable credentials, put it on to all of you, I I, think- and we chained this approach of this, this triangle of having a certifier holder and a verifier along the supply chain.

A

So this triangle, basically, is it multiple times used in the supply chain and this approach came out of an association. So it's not a single company that drives this. uh It's an it's. An association called The, astronium Association, where this is promoted, um and we use, um of course, the Indie stack in a running Network. That's the ID union network- maybe some of you have heard of it. It's a European, Indie Network, that is in production, now run by a European Cooperative.

A

So a very interesting legal entity also that is behind there were all the members um have a very efficient way of operating uh this.

A

This network, as well, and maybe lastly, I I, just uh point to this graph, where you see basically a request from a customer, is then triggered through the supply chain, and every supplier has a certifier, the certified issues, a credential it can be presented then by A supplier to the next tier, and through this you don't know anything uh in the underlying decentralized infrastructure, about uh the the actual values of the credentials because they are exchange.

A

Peer-To-Peer underlying are only the public keys of the of the certifiers and they would be very happy that the world knows about their public keys and the schemas that have that are being used for the data. So that's uh in quick, I think this is already on zero, so I probably have to talk, uh stop talking. So thanks a lot.