Hyundai, Kia deploy SCEMS to monitor supplier emissions

Hyundai Motor Company and Kia Corporation have introduced an AI-enabled Supplier CO2 Emission Monitoring System (SCEMS) to manage the carbon emissions of business partners, the HBAR Foundation. The system utilizes blockchain technology and runs on the Hedera network.

SCEMS is designed to compute carbon emissions at every stage of the supply chain, enabling the auto manufacturers to secure reliable data across its supplier's business operations, including procurement of raw materials, the manufacturing process and product transportation. Hyundai Motor and Kia have adopted it to accomplish their critical goal of promptly and securely collecting carbon emissions data, giving stakeholders and investors visibility and confidence in the results.

"Supplier CO2 Emission Monitoring System unlocks a revolutionary approach to managing carbon emissions and combating climate change, ushering in a new era of sustainable supply chain within our cooperative network," said Seung Hyun Hong, Head of Materials Research and Engineering Center at Hyundai Motor and Kia. "We stand proudly at the forefront of this transformative journey, collaborating with our partners to shape a greener and brighter future for all."

With this system, Hyundai Motor and Kia ultimately aim to tackle climate change issues by pre-emptively meeting local and global environmental regulations and establishing sustainable supply chains within the companies and with its cooperative partners. The implementation of blockchain and AI technology to manage carbon emissions fosters practical climate change mitigation efforts because it enables accurate predictions of future carbon emissions which is crucial when setting meaningful carbon reduction targets.