Mercedes-Benz Launches Blockchain Pilot Project to Provide Transparency on CO2 Emissions

Mercedes-Benz with start-up Circulor, is conducting a pilot project for transparency on CO2 emissions in the cobalt supply chain as part of STARTUP AUTOBAHN. Circulor is a British start-up specializing in tracking raw materials by means of blockchain technology and artificial intelligence. Using these technical solutions, Circulor helps companies map transparent supply chains.

The project partners use blockchain technology to track the emissions of climate-relevant gases as well as the amount of secondary material along the complex supply chains of battery cell manufacturers. In addition, the data network documents whether the Daimler sustainability standards are passed on throughout the entire supply chain.

Blockchain technology offers numerous advantages for the documentation of product and contract data. It links digital data records through encodings (“cryptography”) and cannot be altered unnoticed. All participants in the supply chain are able to trace the integration, transmission and confirmation of information at any time. At the same time, confidential information remains protected. This is of particular relevance for complex and highly dynamic global supply chains, such as in battery cell production.

With “Ambition2039”, Mercedes-Benz Cars aims for a carbon neutral new passenger car fleet in less than 20 years. This transformation requires detailed knowledge of all climate relevant processes associated with the entire vehicle value chain. That is why in a first step, Mercedes-Benz is creating transparency of CO2 emissions and the use of secondary material in the supply chain.

Source: Press Release