WionDrive News Desk 
Hyundai Motor Company and Kia Corporation have introduced an innovative Supplier CO2 Emission Monitoring System (SCEMS), underpinned by AI and blockchain technology, to oversee carbon emissions within their cooperative network of suppliers.
The newly introduced SCEMS employs AI and blockchain to calculate carbon emissions at every stage of a supplier’s supply chain. This approach ensures data integrity and transparency, streamlining the process of collecting carbon emissions data while offering partners an efficient means of managing their carbon footprint.
The adoption of this system holds the potential to revolutionize carbon emissions management, enhancing the creation of sustainable supply chains. With accurate carbon data collected throughout the business operations, spanning raw material procurement, manufacturing, and transportation, stakeholders, regulators, and investors can trust the integrity of the information provided.
Beyond data accuracy, the integration of AI and high-performance blockchain technology empowers Hyundai and Kia to not only meet environmental regulations but also predict future carbon emissions. By proactively addressing climate change concerns, the automakers are taking a pioneering step in the industry, setting an example for other global players.
Seung Hyun Hong, Head of Materials Research and Engineering Center at Hyundai Motor and Kia, emphasized, “Supplier CO2 Emission Monitoring System unlocks a revolutionary approach to managing carbon emissions and combating climate change, ushering in a new era of sustainable supply chain within our cooperative network.”
The adoption of blockchain technology for carbon emissions management underscores the commitment of Hyundai and Kia to driving practical climate change mitigation efforts. This move aligns with the growing industry-wide focus on reducing carbon footprints to address the urgent global challenge of climate change.
