73% of global GHGe across Industry Transport and Buildings.  energy The global energy sector contributes 01 06 Trust and Transparency is critical back next Successful energy transition policies require consistent and reliable reporting of environmental impacts, spanning enterprises and infrastructure in the energy supply chain , and the activities of investors governments and regulators.

Verified and trusted data is essential to enable industries and states to organise in reporting and reducing GHGe.

This includes exchange of sensitive operations and indirect Scope 3 emissions data between supplier partners and customers. To avoid catastrophic climate change over 1.5 degrees, the global COP28 community committed to a doubling of Global energy efficiency improvements, and tripling of renewable energy generation capacity in just the short time to 2030. Digital Trust Technologies in Energy Digital Trust technology can promote co-operation across supply chain organisations, and transparency of financial and environmental data. energy Data Integrity Confidentiality Transparency back next Compliance 02 06 Automated smart contract verification of GHGe data against standards can increase confidence in certification and compliance Collaboration Cross-organisation blockchain ledger facilitates trusted collaboration and reduces friction between suppliers, partners and manufacturers GHGe data verified in an immutable blockchain ledger provides clear evidence trusted by all Organisations can share GHGe data securely so that only authorised stakeholders can access Visibility into Scope 3 GHGe builds trust and accountability across stakeholders and with regulators Energy Industry Reporting and Compliance energy back next 03 06 Organisations which adopt systems for trusted and transparent records and data sharing are able to better meet regulatory requirements and demonstrate ESG credibility Improved Trust & Transparency
Reducing inconsistency or fraud in ESG reporting assignment_turned_in Risk and Compliance
Avoiding fines and reputational damage Enhanced ESG Ratings
Better ESG scores factored into investment and consumer choices Leveraging Blockchain to track renewable energy certificates A digital framework building on blockchain technologies for global standardisation of regulators GHGe reporting  Oil and Gas industry use of blockchain-tracked GHGe from raw material to final product ESG Reporting in the Oil and Gas Industry energy back next 95% 80% * as reported by Siccar clients An Edinburgh-based startup, Siccar, has developed a blockchain platform that helps oil & gas companies track and report Scope 3 emissions.

The solution ensures secure, auditable exchange of emissions data between suppliers, transporters, and downstream consumers.

This enhances transparency in the oil & gas company’s value chain. Working alongside global brands such as XXX, Siccar have set benchmarks for sustainability reporting in the oil & gas industry.

Additionally, Siccar is working with several multi-national corporations to provide more secure and efficient ways to manage their GHG and ESG data collaboration and mandatory reporting requirements using blockchain-based platforms.
reduction in fraudulent and accidental errors*. reduction in manual processing times*. 04 06 back next Typically companies share data using ad hoc methods like email attachments, or more formal systems integrations. The data is prone to versioning and error issues, and security vulnerabilities.

SICCAR platform stores a single copy based on blockchain which is tamper proof and visible only to those with access rights granted by the data owner. How does Siccar achieve this? ESG Reporting in the Oil and Gas Industry energy 05 06 Diagram 3: Siccar’s “DataBox” app provides a user-friendly dashboard and reporting interface for easy interrogation and dissemination of ESG data. back next Siccar's DataBox is an ESG application which provides a user-friendly dashboard and reporting interface for dissemination of ESG data.
The [blockchain application] pilot proved that we can use innovative technology to automate data acquisition, build a verifiable audit trail and inform our strategic decarbonisation initiatives.

 ESG Reporting in the Oil and Gas Industry energy 06 06 Health Energy
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