Examining the avenues of sustainability in resources and digital blockchains backed currencies: evidence from energy metals and cryptocurrencies

Karim, Sitara; Naeem, Muhammad Abubakr; Tiwari, Aviral Kumar; Ashraf, Sania

doi:10.1007/s10479-023-05365-8

Cited by 12 publications

(1 citation statement)

References 43 publications

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“…Traditional energy use often lacks transparency and optimization, resulting in inefficiency and environmental impact (Wu et al, 2021). Blockchain's decentralized ledger records every energy transaction, creating a transparent and tamper-proof trail, which empowers businesses to monitor and optimize their energy consumption, reducing costs and minimizing their carbon footprint (Karim et al, 2023). By leveraging blockchain, companies can bolster sustainability by tracking the source of their energy, ensuring it aligns with eco-friendly practices, and efficiently managing their energy resources (Friedman & Ormiston, 2022).…”

Section: Energy Managementmentioning

confidence: 99%

Blockchain Technology for Sustainable Supply Chain

Khoa Nguyen,

Ali

2023

Proceedings of the International Conference on Industrial Engineering and Operations Management

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In today's dynamic business landscape, sustainability has become a defining concern, driven by increasing demands for eco-conscious practices from consumers, regulators, and stakeholders. This has put immense pressure on supply chains to undergo a fundamental transformation. Blockchain technology, renowned for its security and decentralized architecture, emerges as a promising solution to promote sustainability within supply chains by enhancing transparency, traceability, and trust. Blockchain contributes to economic sustainability by mitigating transaction costs and facilitating the efficiency and cost-effectiveness of supply chain operations. Blockchain benefits environmental sustainability by reducing carbon footprints through traceability practices. By fostering fair trade and protecting sensitive data and identities, blockchain can play a pivotal role in ensuring social sustainability. As such, many forward-thinking businesses are drawn to blockchain for sustainable business operations. However, reluctance remains due to uncertainties surrounding the factors influencing blockchain's implementation. In this paper, we delve into the synergy between blockchain and sustainable supply chain, aiming to provide an overarching insight into the opportunities and obstacles presented by this integration. By shedding light on the transformative potential of blockchain, we hope to inspire a broader adoption and realization of sustainability goals within supply chains.

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Section: Energy Managementmentioning

confidence: 99%

Blockchain Technology for Sustainable Supply Chain

Khoa Nguyen,

Ali

2023

Proceedings of the International Conference on Industrial Engineering and Operations Management

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Energy in the backseat? Investigating decarbonization dialogue in supply chain tweets during and after COVID-19

Shahzad,

Sengupta,

Rao

et al. 2024

Ann Oper Res

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While we move into the seventh year of the signing of Paris agreement, research scholars and supply chain firms have paid a lot of emphasis on environmental sustainability with the aim of achieving net zero targets by 2050. However, the global pandemic has somewhat disturbed the focus from environment to resilience due to severe economic implications of COVID-19. In this paper, we contribute to the very scant discussion on Twitter Analytics by analysing supply chain tweets with COVID-19 at the backdrop. Our approach involves analysing how decarbonization related discussions have evolved by capturing the tweets across three timelines: pre pandemic, pandemic and post pandemic. By integrating descriptive analytics, content analytics and machine learning algorithm in topic modelling, we extract textual intelligence related to emissions and pollution from leading firms involving supply chain management. We find that although decarbonization related discussions are at bare minimum in terms of the proportion of discussions within the supply chain context, the overall emotion of tweets indicate fear across all three timelines. Moreover, it was surprising to note that although pollution levels came down due to low economic activity during pandemic, we found more discussions during COVID in comparison to pre-COVID times. Pollution and waste caused by plastics, fuel consumption, reduction in greenhouse gas emission are some of the key topics that emerged during pandemic times. Our paper makes a modest contribution on the role of social media analytics within supply chain context around COVID-19.

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