Integrating Sustainability Into Supply Chains—It Takes Data –

HM Treasury has published its roadmap for the transition to a greener financial system. Importantly for the accountancy profession, it sets out plans for implementing sustainability disclosures. Large businesses must report on their green credentials to the investment community, says the UK Chancellor. With a whole chapter on getting the right information to market participants, ‘Greening Finance: A Roadmap to Sustainable Investing’ focuses on ensuring the UK’s ambitious climate-change targets are not only written into law, but the financial system that will support the transition is equipped to play its part.

Jaguar Land Rover’s (JLR) venture capital and mobility services arm has invested in a blockchain technology scale-up that will help it to make supply chains for battery materials more sustainable.

Electric vehicles are seen as a key part of the transport sector’s low-carbon emissions, but the metals and minerals used in their batteries aren’t inherently sustainable

Called Circulor, the blockchain platform uses a combination of GPS, biometrics and QR codes to create a tamper-proof trail of audit for raw materials. The platform tracks compliance with environmental and social regulation and company pledges in these fields, while also calculating the carbon footprint of the materials.

A new survey conducted by Smurfit Kappa has revealed that European consumers are demanding more sustainable packaging from brands before making online fashion purchases.