Arise IIP and Crystalchain are joining forces to tackle climate change and improve traceability within Africa's supply chain. This partnership will be implemented throughout Arise IIP's industrial parks and supply chains to measure and reduce greenhouse gas (GHG) emissions.
Arise IIP has taken a stake in Crystalchain, which specialises in traceability through blockchain technology and has developed its own platform and solution for tracking and quantifying a company's impact on its supply chain activities. This platform contains traceability initiatives and facilitates regenerative projects, helping businesses to achieve net-zero in line with global climate goals.
Through this new collaboration, Arise IIP says it is committed to furthering the adoption of innovative solutions that monitor and evaluate the environmental impact of its supply chains.
Arise IIP plans to implement this solution in the countries where it operates, including:
- Benin (cotton, cashew, and soy)
- Gabon (timber)
- Togo (soy, sesame, cotton)
- Ivory Coast (cashew)
- Republic of Congo (timber)
- Nigeria (agricultural products)
- Chad (meat)
Crystalchain CEO Sylvain Cariou explains "traceability isn't just about transparency but a commitment to excellence and sustainability" and Crystalchain's technology allows companies to “measure, understand and ultimately reduce their environmental impact”.
Arise IIP says it has proactively taken steps to reduce its carbon footprint. Recent developments, such as the 2022 United Nations Climate Change Conference (COP27), and mounting governmental and legislative demands have emphasised the significance of transparency and traceability in effectively addressing global greenhouse gas emissions.
Arise IIP founder and CEO Gagan Gupta states: "At Arise IIP we are committed to contributing to finding a balance between catalysing economic development and combating climate change. Across all our industrial zones we use the highest international standards to achieve their goal of carbon-neutral industrialisation.”
