LFDT Platforms for GHG Emission Accounting and Net Zero Digital Twin Use Case
- Jeff Pribich
Recent global government legislation has become more focused on requiring business entities to perform greenhouse gas (GHG) emission accounting in their supply chains as a requirement for trade. Other factors impacting global supply chain GHG emission accounting and reduction are:
Governments are attaching GHG emissions accounting regulations to imports entering their countries.
Consumers and corporate customers demand sustainability in their business practices focused on GHG reduction.
The cost of GHG emissions is projected to increase substantially as governments implement net-zero policies.
To meet these regulations and consumer sentiments, the best option for corporations is to deploy LFDT blockchain technologies as a reference architecture for constructing real time GHG emission tracking platform for supply chains. As a use case, this can include the capability to create a Digital Twin as a modeling tool for building supply chain GHG emission scenarios for the reduction of GHG emissions or to achieve a net-zero footprint.
Based on LFDT platforms and tools for supply chains, a reference architecture for greenhouse gas (GHG) emission accounting was developed, accompanied by a use case demonstrating a digital twin for modeling supply chain emission scenarios. These platforms and tools should be promoted as the premier solutions for GHG emission tracking and reporting, highlighting their real-time capabilities and digital twin construction. Clear communication of the reference architecture and digital twin concepts is essential. A detailed use case should illustrate how LFDT platforms excel in real-time GHG tracking and modeling. Additionally, all LFDT components necessary for building a supply chain digital twin should be defined, along with a demonstration of the LFDT Standards Working Group data ontology to ensure consistency and effectiveness.
A project has begun (January 2025) to describe on a solution and technical level how LFDT platforms and tools are superior in performance and versatility for supply chain GHG emissions activities.
Attached is a DRAFT slide show outlining the basic approach underway at this initial stage of this effort. We welcome carbon-GHG members along with LFDT blockchain platform architects to provide further guidance and input into the end product of this project.
