A new open data platform has been launched for companies to map their global supply chains to improve insights about production facilities and better address emissions.
The Open Supply Hub has been launched in beta phase, and companies are being asked to come forward to take part. Companies and organisations will populate the platform with their supply chain information. The hub in turn provides standardised name and address data, and universal IDs for production facilities around the world. This will create interoperability between datasets that are typically siloed and allow organisations to find others connected to the same facilities, which will enable more efficient and effective collaboration and reporting on environmental, social and corporate governance goals (ESG), the Open Supply Hub said.
Natalie Grillon, Executive Director of the Open Supply Hub, said: “Globally, organisations are preparing for a wave of new ESG reporting requirements. The volume of data shared will be enormous. It’s therefore absolutely critical that reporting is built on a reliable and collaborative foundation in order to bring about the supply chain improvements we desperately need. Supply chain data is notoriously opaque, siloed and inaccessible, which has historically benefitted very few. Opening up this data is the solution. Not only can we create a single source of truth for identifying facilities, but this model also encourages collaboration and helps users progress their work, be it ESG reporting, workers’ rights advocacy, research or climate risk decisions.”
The Open Supply Hub is a non-profit organisation that has received funding from the Laudes Foundation, Amazon and the German Government. It builds on the work of the Open Apparel Registry that exists for the clothing industry.
Interested companies can find more information at https://www.opensupplyhub.org/
by Adam Duckett
INEOS Styrolution, the global leader in styrenics, has announced today the introduction of an all-new product portfolio dedicated to polymer modification. The new product lines are addressing the need of compounders and extruders to enhance the properties of polymers and allow for improved processing.
German speciality chemicals maker Lanxess has taken the wraps off plans for its entire upstream and downstream supply chains to be climate-neutral by 2050. The company’s Net Zero Value Chain initiative includes indirect emissions, particularly from purchased raw materials, but also from logistics and end-products.
Although green PET is recyclable, the recyclate is often converted into single-use items like clothes and carpets that cannot be recycled into new PET bottles. During the sorting process, green and other colored PET is separated from clear material to avoid discoloring the recyclate required to make new PET bottles.