Supply chain transparency
At SproutWorld, working towards being entirely carbon neutral is central to everything we do. We are on our sustainability journey and we recognize that it’s a process. As part of our goal, we want to be as transparent as possible about what we are doing. We want to give our customers the ability to trace what we do throughout the value chain. And by doing these things, we hope to build trust in our sustainability credentials – and share our journey with others.
The launch of our Blockchain app is an exciting development on this journey. And we hope it’s only the start of what’s eventually possible. Put simply, blockchain is a technology that allows people who don't know each other to trust a shared record of events. Why? Because once entered into a blockchain system, that data can’t be changed or modified.
What is SproutWorld's Blockchain app?
SproutWorld's Blockchain app will show key information about our pencils, complete with our certifications. We’ve incorporated a Climate Impact Calculator, which is a feature that’s unique to us. The calculator shows, in real time, how many pencils we've sold, what their carbon footprint is, and how many Carbon Dioxide Units we've used to compensate for their negative impact.
Our Blockchain app will, in time, help us as a brand to monitor, evaluate and strengthen our social and environmental performance. Implementing blockchain in our supply chain is an opportunity for us to rethink how we work with stakeholders and create more collaborative relationships. We believe blockchain has the opportunity to become the universal language for sustainable supply chain management.
Currently, the industry is learning and preparing for blockchain implementation. At SproutWorld, we have partnered up with a first mover agency and together, we have set the foundations of our blockchain app.
What comes next?
This is the first step of our blockchain journey and we hope the start of some interesting conversations. Our vision with SproutWorld Blockchain app is to:
- have our suppliers join our blockchain
- implement QR codes on all units
- learn how to use blockchain as a tool against counterfeiting
We want to invite you to take a look at SproutWorld's Blockchain app and see the work we’ve done so far. We’d also love to get your feedback and input so let us know what you think!
See our new Blockchain app here: