Hyundai Motor & Kia Adopt Blockchain−Based Carbon Emission Monitoring System

Hyundai Motor Company and Kia Corporation have introduced an AI-enabled, blockchain-based monitoring system to manage the carbon emissions of its cooperative business partners. Supplier CO₂ Emission Monitoring System (SCEMS) is designed to compute carbon emissions at every stage of a cooperative partner’s supply chain while assuring data transparency and integrity.

Hyundai Motor and Kia successfully verified the effectiveness of the blockchain technology and adopted it to accomplish their critical goal of promptly and securely collecting carbon emissions data.

This solution is also expected to enable suppliers to manage their carbon emissions with accuracy.  

By leveraging artificial intelligence (AI) and blockchain technology, their partners can efficiently monitor and manage the collected data and carbon emission status at their respective workplaces.

The system’s next-generation technology will enable regulators, stakeholders and investors to have complete confidence in the accuracy of the data. 

Seung Hyun Hong, Head of Materials Research and Engineering Center at Hyundai Motor and Kia. “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. We stand proudly at the forefront of this transformative journey, collaborating with our partners to shape a greener and brighter future for all.”

Hyundai Motor Company and Kia Corporation reaffirm their commitment to actively address climate change and promote sustainability in the automotive industry.