Commodity players have an increasing need to understand the greenhouse gas (GHG) emissions associated with their sold and traded products for regulatory, commercial and stakeholder engagement purposes.
However, the very nature of commodities makes this data difficult to obtain. Commodities are highly fungible products with complex and diverse value chains, such that a single barrel of crude oil, gallon of diesel, or tonne of LNG, steel or aluminium may have a very different emissions footprint relative to another unit of the same commodity. Moreover, corporate GHG disclosures are not consistent, standardised or granular enough to calculate emissions along an individual commodity value chain.
GHGBlaze collects operator-provided emissions data for individual cargoes of product and stores them securely on blockchain, giving you full visibility into emissions associated with your portfolio.