Check out our latest article on navigating data and compliance challenges in EUDR regulation. Discover how technological advancements are reshaping supply chain transparency and deforestation compliance.
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This recent paper by the Global Partnership for Sustainable Development Data on "The Global Digital Compact and the role of #data governance" explores what could be achieved by the compact and thoughts on data governance. Read it here: https://lnkd.in/evrxSpD6
The Global Digital Compact is an opportunity to set a baseline for data governance
data4sdgs.org
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🔍 How well do you know your product's journey before it reaches your customers? Can your brand track commodities back to their origins, ensuring deforestation-free practices? With EU due diligence regulations fast approaching, supply chain visibility and traceability has never been more critical. And the key to unlocking that compliance lies in source-level, primary data. 💪 Source level data isn't just about compliance, it's a game changer with many brand benefits, including fortifying supply chain resilience. Explore business benefits from using source level, primary data, here 👇 https://lnkd.in/gfg3gYQe
Source-Level vs. Aggregated Data: How to create a compliant and resilient supply chain.
banqu.co
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Senior Manager-Business Development | IIM-Indore | Driving Business Growth | Sales | KAM | Business Consultant | Digital Transformation | Blockchain | SaaS Sales | Printing & Packaging Solutions | Customer Success
Explore business benefits from using source level data, primary data with BanQu Inc. #supplychaintransparency #sustainability #traceability #esgreporting #blockchaintechnology
🔍 How well do you know your product's journey before it reaches your customers? Can your brand track commodities back to their origins, ensuring deforestation-free practices? With EU due diligence regulations fast approaching, supply chain visibility and traceability has never been more critical. And the key to unlocking that compliance lies in source-level, primary data. 💪 Source level data isn't just about compliance, it's a game changer with many brand benefits, including fortifying supply chain resilience. Explore business benefits from using source level, primary data, here 👇 https://lnkd.in/gfg3gYQe
Source-Level vs. Aggregated Data: How to create a compliant and resilient supply chain.
banqu.co
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With the #EUDR compliance deadline approaching, we figured it would be great to review the 💥Top 9 Attributes to Look for in an EU Traceability Solution💥 1. End-To-End Mapping 🗺 It’s crucial for audit-proof traceability frameworks to map all supply chain tiers to ensure full visibility of elements like Scope 3 emissions. 2. Data Integrity 📲 Most solutions and frameworks today track only secondary data. True, audit-proof traceability requires source-level, primary data. Otherwise, companies risk unverifiable claims and potential scandals. 3. Chain of Custody 🔄 Chain of Custody allows you to track and view your supply chain assets moving from source to self with real-time data, so you can see exactly where materials and ingredients originate, travel, and end up. 4. Proof of Provenance📍 Your proof of origin should include verifiable geo-location data — meaning that you have data to prove where your materials or ingredients came from down to the polygon of land where it was grown. ..Read more tips here 👉 https://lnkd.in/eF8sxvr2! #compliance #eudr #sustainablesourcing #traceability #procurement #EUDRdeadline
Top 9 Attributes to Look for in an EU Traceability Solution
banqu.co
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[New Blog] 🌍 Navigating through ever-evolving regulations, Brian Cluster and Miriam Molino Sánchez from Stibo Systems provide insight into the crucial role reliable data plays in enabling CPGs and retailers to remain compliant in their pursuit to sustainability goals. Read blog here ➡ https://bit.ly/3T1yjr9 #CGFValueChain #Datamangement #productdata
Overcoming Regulatory Challenges With Data Management - The Consumer Goods Forum
https://www.theconsumergoodsforum.com
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European strategy for data: Data Governance Act becomes applicable 🗣️ The Data Governance Act* entered into application on 24 September 2023. The Regulation creates a new European way of data governance based on increasing trust in data sharing. It aims to create a safe environment for sharing data across sectors and Member States to benefit society and the economy. The Data Governance Act also allows novel data intermediaries to act as trustworthy actors in the data economy. Entities engaging in data altruism can register voluntarily as data altruism organisations. This will provide maximum trust with minimum administrative burden. The rules related to data altruism will help individuals and companies to donate data in a safe and trustworthy way in order to contribute to wider societal goals such as fighting a pandemic. The reuse of public sector data that cannot be made available as open data will also be enhanced. All of these tools will increase data flows, thereby supporting the development of common European data spaces, such as manufacturing, cultural heritage, agriculture and health. The Regulation also establishes the European Data Innovation Board. It will issue guidelines on the development of common European data spaces and will identify standards and interoperability requirements for cross-sector data sharing. * The Data Governance Act (DGA) aims to create a legal framework for data sharing for the benefit of the European single market, ensuring neutral access to data and interoperability and helping to avoid lock-in effects (recital 2 DGA). The European Parliament adopted the DGA on 6 April 2022. #DataGovernance #DataPrivacy #Data
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The materiality question has been considered by most companies but the underlying state of the data feeding into the reporting remains largely unsolved. We need, sometimes, to go back to the basics to fix what data is being used by whom for what and that it is of good quality in order to obtain a true picture that the executive committee can rely upon to make strategic decisions.
Webinar: Inzicht in ESG Data Flow en de rol van de Compliance Officer
projectivegroup.ambsdr.io
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Susan Bennett of InfoGovANZ writes on the dark data and its relevance to #esg. Interestingly Susan quotes https://digitaldecarb.org/, which says that 15% of stored data is out of date. While noting that it all depends on the interpretation, we'd take issue with that statistic, especially when it comes to user-generated #unstructureddata. In our experience we typically find aging data far exceeds that bar, averaging 74% in our current statistics. That quibble aside, we think this paper is spot on, especially in its 'Five Essential Steps for Data and ESG', number one of which requires that organizations understand what data they hold where. Seems so obvious, doesn't it? #zerodarkdata https://lnkd.in/euKBt2UH
Dark Data – the risks, costs and ESG - InfoGovANZ
infogovanz.com
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European #Data Governance Act - Sep. 2023 A #European Data Governance Act, which is fully in line with EU values and principles, will bring significant benefits to EU citizens and companies. A key pillar of the European strategy for data, the Data Governance Act seeks to increase trust in data sharing, strengthen mechanisms to increase data availability and overcome technical obstacles to the reuse of data. The Data Governance Act will also support the set-up and development of common European data spaces in strategic domains, involving both private and public players, in sectors such as health, environment, energy, agriculture, mobility, finance, manufacturing, public administration and skills. The Data Governance entered into force on 23 June 2022 and, following a 15-month grace period, will be applicable from September 2023. #healthtech #healthcare #datasciences https://lnkd.in/duU-dJf8
European Data Governance Act
digital-strategy.ec.europa.eu
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Data Management Veteran, Founder @ The Disruptive MDM / PIM / DQM List, Co-founder @ Product Data Lake
Can I help You? If you are in a company where #environmental #sustainability and #datamanagement is an emerging topic, I can help you set the scene for this. If you are at an MDM/PIM solution provider and need to enhance your offering around supporting environmental sustainability, I can help you set the scene for this.
The Enviromental, Social and Governance (#esg) theme is a clear case for Multi-Domain Master Data Management. Learn about the Master Data Management (#mdm) and Product Information Management (#pim) perspectives of tackling environmental sustainability chalenges in data management in this post https://lnkd.in/eMErRMA2
The Intersection Between MDM, PIM and ESG
http://liliendahl.com
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