Blockchain technology integrated in the GSES platform (Global Sustainable Enterprise System)
The National Sustainability Institute of the Netherlands took the initiative for the Global Sustainable Enterprise System. The GSES system and it’s online platform gives every organisation on the planet the opportunity to measure, track and target their sustainability achievements. All results of the third party verified assessments are founded in the GSES Database. This database is now integrated with Blockchain technology. GSES platform contains organizations as: Boskalis, Capgemini, Heerema, Philips, Groenendijk Bedrijfskleding, SGS, Bayards, Royal Haskoning etc.
Blockchain & Sustainability
“Distributed ledger technology which is Blockchain, truly is a mechanism to bring every organisation to the highest degree of accountability. The most critical area where Blockchain helps on the subject sustainability is to guarantee the validity of a transaction by recording it not only on a main register but a connected distributed system of registers, all of which are connected through a secure validation mechanism. Decentralized networks will be the next huge wave in technology and we are using it right now to achieve global sustainable goals." Comments Kelly Ruigrok of NDI – National Sustainability Institute of the Netherlands.
The National Sustainability Institute of the Netherlands was founded in 2017 and is a independent private company that is not driven by government subsidies. The NDI created a generic and overarching toolbox to measure, track and trace and value circular organisations and products. The toolbox consists of 3 main tools: The GSES system, the Global Sustainable Metastandard & the Sustainability – JADE – Codex. The tools NDI developed were in co-creation with Royal Haskoning DHV, SGS Search & Capgemini and various experts on CSR, Circular Economy, SRP, CO2 emissions. All tools the NDI created are based on the best international guidelines and standards on sustainability like GRI and ISO. The NDI use Blockchain technology for several importent reasons:
- File storage: Decentralizing file storage on the internet brings clear benefits. Distributing data throughout the network protects files from getting hacked or lost.
- Governance: By making the results fully transparent and publicly accessible, distributed database technology could bring full transparency to results, audits etc.
- Supply Chain auditing: Consumers increasingly want to know that the ethical claims companies make about their products are real. Distributed ledgers provide an easy way to certify that the backstories of the things we buy are genuine. Transparency comes with blockchain-based timestamping of a date and location — on ethical and sustainable KPI’s, for instance — that corresponds to a product number, QR code or RFID chip. NDI & Capgemini launched JADE CODEX white paper a week ago were we make product tracking and tracing possible. Also JADE CODEX gives a circular and sustainable value to products and resources. Basically NDI developed together with Capgemini a digital twin of the earth with all products and projects captured in smart contracts with sustainable KPI’s based on international accepted guidelines and standards.
- Internet of Things (IoT): What is the IoT? The network-controlled management of certain types of electronic devices — for instance, the monitoring of air temperature in a storage facility. Smart contracts make the automation of remote systems management possible. A combination of software, sensors, and the network facilitates an exchange of data between objects and mechanisms. The result increases system efficiency and improves cost monitoring. NDI is researching possibilities to connect relevant existing management systems to the existing tools of the NDI to increase sustainable awareness thru every part of the organisation and to create a economy based on sustainable and circular value of products.
The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. Information held on a blockchain exists as a shared — and continually reconciled — database. This is a way of using the network that has obvious benefits. The blockchain database isn’t stored in any single location, meaning the records it keeps are truly public and easily verifiable. No centralized version of this information exists for a hacker to corrupt. Hosted by millions of computers simultaneously, its data is accessible to anyone on the internet.