AUDITABLE E-LIABILITIES RECORDS
Each company in the supply chain measures its Scope 1 GHG emissions as “E-liabilities”, in units of emitted water vapor (H2O), carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), and ozone (O3).
Each company allocates its E-liabilities to individual products using standard cost-accounting (ABC) techniques. When a product is sold, the price includes not only the manufacturer’s price but also the product’s allocated E-liability. The E-liabilities records are secured and auditable in the public Blockchain.
The E-liability process continues until the consumer stage, where the consumer has access to the total E-liabilities generated in the product’s whole production and distribution cycle, as an addition to the current ingredients and nutrition label, i.e. the UNISOT Digital Product Passport. The consumer is now empowered to make purchasing decisions based on the product’s E-liability.