The objective of the paper is to investigate applicability and propose application of blockchain technology to solve issues regarding documentation stemming from regulatory requirements with respect to ESG; issues which become increasingly relevant for businesses to solve.

Three take aways:

  • Taking control of the supply chain is crucial to comply with ESG requirements.
  • The complexity of supply chains and need for detailed, consistent and reliable data for regulatory compliance require legally solid digital solutions to be valid.
  • Implementing valid digital solutions, e.g. blockchain technology, to support ESG reporting require utilization of legal knowledge in both development, implementation and operation of the solution.

Co-authors: Henrik Knak, director at Deloitte Consulting, Bilal Bhatti, founder of PaperTale, Guillaume Ruffloch and Kasper Blixt Simonsen supply chain consultants in Deloitte, and Jonas Sveistrup Søgaard and Rasmus Winther Mølbjerg