By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Auto Magazine
  • Home
  • Auto Shows
    Auto ShowsShow More
    Multifaceted MasterDrive at Simola
    April 24, 2025
    OMODA & JAECOO accelerate 2025 NEV strategy with bold debuts at Auto Shanghai
    April 24, 2025
    GWM Unveils its Global Strategy at Auto Shanghai 2025
    April 24, 2025
    Maserati takes part in Anantara Concorso Roma 2025
    April 23, 2025
    Knysna Motor Show goes Cars@Coffee on 27 April, 2025
    April 20, 2025
  • Bikes
    BikesShow More
    BMW Motorrad presents the new R 18 models
    January 22, 2025
    BMW Motorrad presents the BMW Concept F 450 GS
    November 5, 2024
    BMW Motorrad presents the new bikes
    November 1, 2024
    24YM HONDA NX500
    October 15, 2024
    BMW Motorrad presents the new BMW C 400 GT and BMW C 400 X
    October 15, 2024
  • News
    NewsShow More
    Chery launches LEPAS brand with L8 luxury SUV, ushering in a new premium era
    April 25, 2025
    NADA Applauds Move to Support Stability and Ease Pressure on Consumers
    April 24, 2025
    Automechanika Sub-Saharan Africa Roadshow Expands Automotive Aftermarket Possibilities
    April 24, 2025
    AK47 PROTECTION FOR JEEP GRAND CHEROKEE (WITH WARRANTY INTACT!)
    April 24, 2025
    Ford Silverton Manufacturing Plant Green Initiatives a Step Closer to Carbon Neutrality
    April 23, 2025
  • Concepts
    ConceptsShow More
    Audi unveils Q6 e-tron offroad concept
    January 28, 2025
    CITROEN PRESENTS C5 AIRCROSS CONCEPT
    October 15, 2024
    Lotus Unveils Theory 1:  The Future Of Intelligent Performance
    September 23, 2024
    First sketches of Škoda Enyaq RS Race
    May 3, 2024
    W16 Mistral: the art of bringing Bugatti’s ultimate roadster to life
    January 24, 2024
  • EVs
    EVsShow More
    RANGE ROVER ELECTRIC PROTOTYPES EXCEL IN LATEST WINTER TESTING AND DEVELOPMENT CYCLE
    April 25, 2025
    ELECTRIFIED LUXURY REDEFINED: THE ALL-NEW LEXUS ES
    April 24, 2025
    Volvo EX90 claims World Luxury Car title
    April 17, 2025
    DFSK South Africa rolls out EC35 Electric Panel Van
    April 15, 2025
    The all-new electric G-Class
    April 10, 2025
  • Motosport
    MotosportShow More
    Castrol, NWM, Ford and bp Join Forces for 2025 South African Rally-Raid Championship
    April 25, 2025
    BEHIND THE SCENES WITH GILLY DYKES: DUST, GRIT AND DETERMINATION
    April 24, 2025
    Fouriesburg Rally Shifts to Spring
    April 23, 2025
    TOYOTA GAZOO RACING JUNIOR ACADEMY EYES MORE GLORY AT ROTAX NATIONAL ROUND 2
    April 23, 2025
    FINAL COUNTDOWN COMMENCES FOR SOUTH AFRICAN SAFARI RALLY
    April 22, 2025
  • Trucks & Buses
    Trucks & BusesShow More
    HINO ONCE AGAIN ANSWERS FARMERS’ CALL FOR HELP
    April 24, 2025
    Daimler Truck Southern Africa appoints Wolf Edmayr as the General Manager of TruckStore
    March 28, 2025
    ISUZU Motors South Africa Celebrates 60 Years of Isuzu Trucks in South Africa
    March 3, 2025
    Itumeleng Segage, General Manager of Hino South Africa
    HINO SCORES MORE THAN 99% IN ALL FOUR CUSTOMER CARE SURVEY CATEGORIES
    February 5, 2025
    UD TRUCKS SOUTHERN AFRICA DEEPENS ITS COMMITMENT
    January 28, 2025
  • Reviews
    ReviewsShow More
    Tow Like a Pro with the Ford Ranger
    April 10, 2025
    MEET THE ALL-NEW LEXUS GX: A PREMIUM OFF-ROADER REIMAGINED
    April 8, 2025
    Aston Martin Vanquish Volante: The world’s fastest, most powerful front-engine convertible
    March 29, 2025
    The legend grows: introducing the Toyota Hilux Hybrid 48v and GR SPORT II
    March 29, 2025
    THE ALL-NEW GWM P300 – BRING IT ON!
    March 3, 2025
  • Tech
    TechShow More
    Chery unveils AiMOGA: Revolutionising the car-buying experience through intelligent robotics
    April 24, 2025
    Volvo Cars uses AI and virtual worlds with the aim to create safer cars
    March 21, 2025
    Chery drives AI innovation with DeepSeek partnership
    March 3, 2025
    Stellantis Unveils STLA AutoDrive
    February 20, 2025
    Mercedes-Benz and Google Partner on AI-powered Conversational Search within Navigation Systems
    January 14, 2025
Hot News
Chery launches LEPAS brand with L8 luxury SUV, ushering in a new premium era
RANGE ROVER ELECTRIC PROTOTYPES EXCEL IN LATEST WINTER TESTING AND DEVELOPMENT CYCLE
Castrol, NWM, Ford and bp Join Forces for 2025 South African Rally-Raid Championship
Multifaceted MasterDrive at Simola
ELECTRIFIED LUXURY REDEFINED: THE ALL-NEW LEXUS ES
Latest News

Polestar publishes results for the first quarter and reports 80% growth in global deliveries for the second quarter

Latest News

JAECOO J7 SHS achieves Euro NCAP five-star crash safety rating

Motosport

Nissan Formula E Team coming home for first ever Tokyo E-Prix

Electric Vehicles

New Fiat 600e: FIAT’s electric comeback to the B-segment

Font ResizerAa
The Auto MagazineThe Auto Magazine
  • Home
  • Auto Shows
  • Bikes
  • News
  • Concepts
  • EVs
  • Motosport
  • Trucks & Buses
  • Reviews
  • Tech
Search
  • Home
  • Auto Shows
  • Bikes
  • News
  • Concepts
  • EVs
  • Motosport
  • Trucks & Buses
  • Reviews
  • Tech
Follow US
Crafted by Intellegere Media. © 2024 The Auto Magazine. All rights reserved.
Latest News

Hyundai Motor and Kia to Introduce Blockchain-based Carbon Emission Monitoring System

Itumeleng Garebatshabe
Last updated: July 28, 2023 05:46
By Itumeleng Garebatshabe
392 Views
3 Min Read
Share
3 Min Read
SHARE
  • New Supplier CO2 Emission Monitoring System (SCEMS) to help establish a sustainable supply chain with cooperative business partners
  • The system leverages high-performance blockchain technology to assure secure and accurate carbon emissions data collection
  • Integration of artificial intelligence (AI) technology and blockchain technology to enable the accurate prediction of future emissions

Hyundai Motor Company and Kia Corporation introduced its AI-enabled, blockchain-based Supplier CO2 Emission Monitoring System (SCEMS) to manage the carbon emissions of its cooperative business partners.

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 high-performance blockchain technology and adopted it to accomplish their critical goal of promptly and securely collecting carbon emissions data.

This solution is also expected to relieve suppliers from this time- and cost-consuming work and enable them to manage their carbon emissions with accuracy. By leveraging artificial intelligence (AI) and high-performance blockchain technology, business partners can efficiently monitor and manage the collected data and carbon emission status at their respective workplaces. 

With this innovative system, Hyundai Motor and Kia ultimately aim to tackle climate change issues by preemptively meeting local and global environmental regulations and establishing sustainable supply chains within the companies and with its cooperative partners.

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

Through the system, it is possible to secure reliable carbon emission data over the entire business operations of its suppliers, including raw material procurement, manufacturing processes and product transportation. The system’s next-generation technology will enable regulators, stakeholders and investors to have complete confidence in the accuracy of the data. 

The implementation of blockchain technology to manage carbon emissions is a significant step toward promoting sustainable practices in the industry. Integrating AI technology and high-performance blockchain will enable it and its partners to set carbon reduction targets and accurately predict future carbon emissions, fostering practical climate change mitigation efforts.

Climate change is a pressing global issue and reducing carbon emissions is one of the most critical steps toward mitigating its impact. With the successful implementation of this system, Hyundai Motor Company and Kia Corporation reaffirm their commitment to actively address climate change and promote sustainability in the automotive industry.

TAGGED:artificial intelligenceHyundai Motor CompanyKia CorporationSupplier CO2 Emission Monitoring System

Sign Up For Daily Newsletter

Stay Updated! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp LinkedIn VKontakte Telegram Email Copy Link Print
Share
ByItumeleng Garebatshabe
Editor
Follow:
Itumeleng is the Managing Editor of The Auto Magazine. He is a tech and car enthusiast

Follow US

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow
TelegramFollow
Google NewsFollow
LinkedInFollow

You Might Also Like

Motosport

Chery enters the market for Smart Robots

By Itumeleng Garebatshabe
April 29, 2024
Latest News

Kia Announces 2024 Third Quarter Business Results

By Itumeleng Garebatshabe
November 1, 2024
Latest News

Hyundai Motor Launches Future Mobility School Program in ASEAN Countries

By Itumeleng Garebatshabe
November 6, 2023
Latest News

Kia announces September 2023 global sales results

By Itumeleng Garebatshabe
October 5, 2023
Latest News

Kia announces first half and June 2023 global sales results

By Itumeleng Garebatshabe
July 5, 2023
Latest News

Hyundai SANTA FE Takes Home Red Dot Design Award

By Itumeleng Garebatshabe
April 29, 2024

The Auto Magazine

  • Advertise
  • About Us
  • Contact
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
  • Bikes
  • Electric Vehicles
  • Trucks & Buses
  • Auto Shows
  • Latest News
  • Motosport

Crafted by Intellegere Media. All rights reserved. 2024

Don't not sell my personal information
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc.

Zero spam, Unsubscribe at any time.
adbanner