Originally published on Carbon Fund
Helixtap Technologies is a leading, independent, digital platform for the commodities industry, with a current focus on natural rubber. Helixtap delivers actionable insights, drives value and creates opportunities for the entire supply chain. The company pride itself on its values: trustworthiness, reliability accountability.
By optimising supply chains and streamlining processes through end-to-end digitisation, there will be decreases to a company’s carbon footprint: this is our core mission at Helixtap Technologies.
One of the key areas of focus for all rubber market participants to make the best sustainability decisions is access to relevant information and data, at the right time and in the right way. Another way is to contemplate how deals can be structured so that benefits can flow to all market participants. Technology, which can address both needs, and is currently chronically underused in the commodities industry. Boston Consulting Group has indicated that there is US $70 billion to be gained in incremental value from commodities trading by deploying appropriate technologies.
Helixtap can support the delivery of both of these areas for example by providing comprehensive factory profile and production information, and the traceability enables users of the platform to decide on transportation routes that are the most fuel-effective, not only optimising costs but also reducing carbon emissions.
In addition, as ESG data is largely self-disclosed, an organised and compliance-logged paper trail is crucial. Helixtap can support business across their sustainability journey, from calculating carbon footprints, to logging and tracking offsetting credits.
Farah Miller, CEO of Helixtap Technologies comments, “we are delighted to work with Carbonfund.org to ensure that digitisation across commodities supply chains support the carbon neutrality agenda. Collaboration between key stakeholders, such as consumers, governments, NGOs, and investors across many commodity types, including in the natural rubber industry is improving sustainable practices. But it is the appropriate use of innovative technologies and the associated changes around people and processes that will offers the next step to sustainability adoption, particularly as the commodities industry increasingly recognizes that these risks are holistic and compounding.”