Philip Dickemann

2024

To achieve net zero carbon emissions globally by 2050, companies need to improve their environmental sustainability processes. Environmental data can highlight potential for improvement in corporate processes and enable external monitoring by policy makers. Regulations have been strengthened in recent years, but there remains a lack of transparency and reliability of environmental data. Due to manual data processing and discretionary reporting, greenwashing keeps occurring. Blockchain technology, which enables secure and transparent data storage and transfer, offers potential solutions. The literature highlights its potential for supply chain traceability and corporate incentives for environmental sustainability reporting. In this paper, a systematic literature review is conducted to provide an overview of the potentials of blockchain in the collection, valuation, transmission and publication of environmental data. The results point out research trends and provide insights for companies to improve their environmental management and outlines potential solutions for combating greenwashing.