In this podcast, Circularity introduces our listeners to Leanne Kemp, the founder and CEO of Everledger. A forever global company with more than a hundred staff and $30M+ of Series A funding. They are focused on bringing transparency to products across the supply chain and beyond. They can tell you where and how a product is made, giving you an informed choice of what to buy. And that includes anything from diamonds and gemstones to wine, spirits, art, insurance and batteries.
Before she turned 50, Leanne Kemp asked herself some questions: If I was to spend the next ten years rethinking the last ten years of my life, how would I spend it? Where should I expend all of my energy, all of my connections, and really drive change in leaving a legacy for the next generation? From this, Everledger was born. Leanne Kemp wants to bring the future forward and is making giant strides in doing just that.
Everledger is an example of this is an example of what we like to call - Embedded Intelligence.
In episode two of our podcast we shared this as design method six.
This is how technologies such as blockchain, AI and the internet of things, can authenticate data flows across stakeholders in the system, bringing trust and transparency to how we do business.
This is massively important for businesses and our planet right now - by using embedded intelligence we can address the risks and mistrust around performance, ethical sourcing, carbon emissions, ingredient quality and equitable wages to our suppliers and customers. EY research shows that sustainable supply chains’ investments can add 12% to 23% to value chain revenue.
It also opens up new business models for consumption to shift from ownership to access. This is where consumers only pay when they use an item, even if it sits in their own home. This is vital as we reuse, rent, repair and maintain what we have so that we limit our use of virgin resources.
It’s why we see a huge opportunity for businesses to see how embedded intelligence might be used to bring trust and transparency to your supply chains and reduce your impact on the environment.
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