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Future Tech

AI x Sustainability (4): The Role of AI in Integrating Sustainability into Financial Balance Sheets

December 10, 2024

How can AI help connect the worlds of sustainability/ESG data, and that of company financials? ESG is typically considered a mere cost - yet: this perception stems chiefly from a lack of integration of mutually beneficial data of these two worlds. With better approaches to cost accounting, to performance analysis, as well as using predictive analysis relate to trends, legislation and asset management, the ability of AI to integrated diverse and complex data sets may precise be the pathway to shift that needle.

Biz Strategy Future Tech Supply Chain

AI x Sustainability (3): Supply Chain Compliance with AI

November 12, 2024

Can AI help us to get to (better) grips with supply chain compliance? Supply chains are based on fairly complex partnership networks where every link ideally must meet strict efficiency and compliance standards. Supplier audits and legislation aim ultimately to ensure high standard, it is a not the least highly time demanding task to be successful at. AI offers the potential to support practical solutions for risk assessment, process optimization, and partner evaluation. Commercial providers are already jumping on the band wagon by providing ways to build 'digital twins' of real supply chains – hence opening them up for 'offline optimisation' - and of course highly sophisticated data analytics tools drawing from multiple disjoint data sources.

Biz Strategy Future Tech Governance

AI x Sustainability (2): Leveraging AI for ESG Reporting

October 22, 2024

Could ESG reporting finally become less repetitive and tedious? AI has the potential to transform ESG reporting by automating compliance tracking, integrating data from diverse and unstructured sources, and streamlining audit preparation. This opens up opportunities to free data and ESG experts from repetitive, tedious tasks. Yet, while AI offers promise, tight oversight remains essential to address challenges like data quality ('crap in is crap out') and system integration.

Biz Strategy Future Tech Opinions

AI x Sustainability (1): Where does it fit?

October 1, 2024

AI has the potential to transform corporate responsibility by handling data-heavy tasks like reporting or data and KPI management. It hence can contribute to helping companies 'being less bad'. However, its potential to support professionals and companies in driving real positive impact is still developing. This post introduces AI’s current potenntial in corporate responsibility and sustainability. In upcoming blog posts we'll explore specific applications: in sustainability reporting, supply chain management, and integrating financial considerations with sustainability impact.

Book Reviews Future Tech

Enabling a low carbon future: Emerging Tech – What’s the Hype about?

December 14, 2021

As companies and countries around the world pursue net zero targets, one big question is: How do you ensure the carbon removal technologies we will need 20 to 30 years down the road are available, affordable and easily scaled? S&P Global recently published a podcast mini-series on emerging climate technology. The series not only introduces a range of much hyped about, CO2 saving or CO2 removing technology, but also looks at scaling, the truth of potential impact, and financial viability.It is for this reason that I would like to list the three episodes in this post – and invite everyone to spend the 3 x 20 minutes to wrap their head around these insights.

Future Tech Governance

Digitalisation in the age of Corporate Responsibility

June 8, 2021

How does digitalisation impact and link to corporate responsibility? This is the question we look into in this post. Combining the two disciplines results in a range of interesting questions. For example: If humans create non-human agents (e.g. in the shape of AI): For what, towards whom are these responsible? And: are they responsible at all - or is it their creator who is?

Biz Strategy Finance Future Tech

Make it Operational: Transparency, Tangibility, Relevance

May 18, 2021

How do you make ‘sustainability' tangible? The usual answer is – unsurprisingly – a ‘well, it depends’. Which it evidently does. Unfortunately, good case studies are extremely rare to come across. Hence, when I stumbled across such a gem in one of the primary Swiss news papers, I jumped at the opportunity to summarise it for this blog.

Biz Strategy Future Tech Governance Opinions

Keep it Simple Stupid (kiss): Yet – how simple is too simple?

March 30, 2021

The KISS Principle is a design principle that stems from the 1960. It originated in engineering and its view point is that most systems work best if they are kept simple rather than made complicated; therefore, simplicity should be a key goal in design, and unnecessary complexity should be avoided. But what about complex systems such as nature? How simple can we go before oversimplification results in incomplete, or biased data? Before absence of consideration of relevant factors inherently lead to regrettable substitutions? And before we willingly accept that there will be collateral damages to a decision, without knowing (or wanting to know) of what nature and in what order of magnitude these may be? One example that illustrates where this challenge may rear what is its ugly head: upcoming Swiss political referenda on agricultural practices.

Biz Strategy Book Reviews Future Tech

Water & Energy Generation: Conjoint or Fraternal Twins?

March 2, 2021

In last week’s post I looked at energy companies and their trajectory relative to the Paris Climate Agenda. The insights clearly suggested a mixed picture. A clear point of how important it is to decarbonised the way we fuel our economy and global society. But that’s unfortunately not all there is to the energy generation picture! What few people realise: Energy generation requires water. A lot of water. Not just in the energy generating processes, but also in the extraction of the energy source (coal in particular), and/or the making of the necessary equipment. Some insights ... illustrated at the example of China.

Biz Strategy Future Tech Labour Opinions

Digitalisation x Sustainability: A match made with pragmatism and opportunity

February 2, 2021

Computer Science and Sustainability/ESG: these two areas of expertise combine increasingly well with every passing month and year. In fact, I am tempted to say that the two worlds of sustainability and digitalisation are surprisingly similar to one another. In a number of ways – not in all, of course! – they overlap more than they differ. And mutually benefit each other. Both areas represent critical skill-sets for boards and senior executives in the current and upcoming decades. This is why I thought I’d take the time to reflect on the overlaps, the synergies, but no doubt also the differences. The key words: systems thinking, automatisation, fraud prevention and authentication, business model distruption, usability, and the Just Transition.

Planetary Boundaries - Stockholm Resilience Centre

Circularity Future Tech Globalisation

Outside the comfort zone: Planetary boundaries and Europe

October 13, 2020

Overconsumption or ‘simply’ consumption? Fair resource use, or resource depletion? Fair share, equal share or acquired share of resources? Those are questions that pop up when the Planetary Boundaries are being discussed. “Is Europe living within the limits of our planet?: An assessment of Europe's environmental footprints in relation to planetary boundaries”, published in April 2020 does exactly that: it evaluates and calculates the European performance for planetary boundaries by taking a consumption-based (footprint-based) perspective. This is turn is interesting as it relates environmental pressures to final demands for goods and services. And the results are ... shall we say: a stark call to action.

Future Tech Materials Supply Chain

The new cool in traceability: DNA Tracers / Bio-based markers

May 29, 2019

Authentication and traceability backbone solutions have become a key technology for many a brand to prevent not only product forgery, but also to prove truthfulness of on-and-off product claims. What few realise: product authentication is just one half of a 2-part system (Figure 1) whereby authentication is applied to the product at its point of origin, and a traceability backbone ensures that the product reaches its destination – for example the end consumer – safely and untampered.

Future Tech Opinions

Value(s) of Personal Communication in the digital era

January 5, 2019

Digital tools and IT systems are a great enabler for more data, more stringent channels of how to communicate what the different players in the chain do, and how they do it, over large distances and across operations and organizations.Yet – digital tools are more human than we think they are … because they, in the end, are representatives of the values and the world view of those that have built them.

Future Tech Labels Supply Chain

From the trees to the wood: with GS1 beyond product codes, towards traceability

September 6, 2015

Barcodes, RFID tags, and QR codes have each introduced a new era of on-product information distribution and acquisition. In this article I would like to look at a family of digital solution components that many brands and manufacturers will already use and be reliant on, and that – if integrated – could be leveraged to provide full-depth traceability.

Future Tech Governance

Open Data, Open Impact

June 26, 2015

Have you heard about open data? And about open source? The equivalent of open source in sustainability terms would be an ‘open standard’. But what would that mean?

Future Tech Globalisation Governance

Scenario Planning: How useful is it, practically speaking?

January 28, 2014

As part of a workshop given at the Textile Exchange 2013 conference, we ran a small survey among workshop participants in order to find out more about their perception of and experience with Scenario Planning. Here the survey results.

Consumer-ism Future Tech

Scenarios of the future: Future cities, future consumers

January 27, 2014

At Shirahime, we have worked quite extensively over the last few months on the development of fashion industry scenarios beyond the 2020 time frame, going as far as 2045. We mentioned for example Shell as one that used this approach to suit their own goals. Siemens' 'Future Life' video, as presented the The Crystal in London. A much more interesting approach, and very insightful in terms of methodology, but also how tangible the results are presented, is Siemens’ work on Future Cities

Biz Strategy Future Tech Opinions

Future Supply Chains: Baselines, Outlook

January 27, 2014

Supply chains, as a discipline of expertise, have come out of the hiding and recognise their role in reducing corporate risk. This is notably and specifically the case in fashion and textiles. At the same time, 'design' - not just in the creation room, but in all facets where it impacts the making, delivery and use of a product or service, is increasingly recognised as relevant.

Circularity Future Tech Supply Chain Trade Shows

Trends: Report from the 2013 Textile Exchange Conference in Istanbul

November 20, 2013

On November 12 and 13, 2013 the yearly Textile Exchange conference took place in Istanbul, Turkey. I was invited to run a workshop on Scenario Work as one of the 'Strategy' break out session on the first day. The workshop was fully booked with 25 highly interested and active participants. In 90 challenging minutes they experienced a compressed version of a Scenario Planning workshop.

Biz Strategy Future Tech

Scenario work: Risk mitigation plus long-term competitiveness strategy

September 27, 2013

The fashion industry, nearly like no other, has gone through dramatic changes in the last 20, 30 years. Indeed it finds itself in the present at a crossroad. Resource scarcity is triggering shifts in business models and supply-chains; waste is the new resource; customers are the sales channel of the future; and legislation is becoming ever more stringent. The fact though is: if looking back at predictions of the 1950 and 1960, or even earlier (physical artefacts not considered), the reality we live in compares best to the predictions that were considered ‘totally crazy’ in their time.

Future Fit Industries of 'Stuff': Governance, Responsibility, and the Age of Doughnut Economics