In the ever-evolving landscape of climate technology, Distichain has emerged as a beacon of innovation, securing its place among the distinguished Ones to Watch in PwC Middle East’s State of Climate Tech: Net Zero Future50 report.
This recognition highlights the transformative role that Distichain plays in the region’s journey toward decarbonization, showcasing the potential of its pioneering technologies. As one of the selected innovators, Distichain stands out in its commitment to reshaping the digitalization of global trade processes for a sustainable, net-zero future.
The PwC Net Zero Future50 – Middle East comprises a curated selection of regional companies dedicated to pioneering technological solutions for driving decarbonization across various sectors. From an initial pool of over 500 innovators in the region impacting climate technology, the team meticulously narrowed it down to 50 promising breakthrough ideas, each backed by innovative technologies.
The analysis revealed a significant focus within our Net Zero Future50 companies on addressing sectors responsible for the majority of greenhouse gas (GHG) emissions. Specifically, the areas of Industry, Manufacturing, and Resource Management contribute to 29% of Middle East GHG emissions, while Energy constitutes a substantial 46%, highlighting Distichain’s role within this category.
The Impact of Digitalization on Climate and Decarbonization
The global push towards a net-zero future is significantly influenced by the digitalization of trade processes. The integration of technology into supply chains has opened new avenues for addressing climate challenges and reducing carbon emissions. Digital solutions offer transparency, efficiency, and real-time insights, enabling businesses to make informed decisions that contribute to a sustainable future.
Distichain’s Contribution to Net Zero Decarbonization
Distichain’s unique approach revolves around its niche SaaS B2B trading solution, offering companies a comprehensive digitalization of trade workflows, energy product efficiency, and people. The platform addresses the pressing need for cross-sector collaboration by connecting solutions to create an interoperable ecosystem for seamless international trade. Here’s a breakdown of how Distichain contributes to net-zero decarbonization:
- Accelerating Data Transparency: Platform owners are able to measure, report and reduce GHG emissions seamlessly, with total transparency and accountability, through integrated solutions. On top of the ability to offset their carbon credits, a badge assignment system may be set in place for a comprehensive program for compliance, considered as a seal of approval corresponding to the certifications awarded.
- Automating Trade Workflows: The platform automates trade workflows, reducing manual processes and enhancing efficiency. With an advanced analytics dashboard, users gain real-time insights into their supply chain performance, allowing for informed decisions that contribute to decarbonization goals.
- Ensuring Full Supply Chain Visibility: Distichain optimizes the efficiency of transport by providing full visibility across the supply chain. This optimization includes assessing transport distance and utilization, resulting in a lower CO2 footprint. Businesses will be empowered to make environmentally conscious decisions in their logistics operations.
The Distichain Ecosystem
Distichain’s ecosystem is designed with interoperability at its core. By bringing together market-leading solutions into one platform, it addresses the challenges faced by B2B marketplace operators on their journey towards a net-zero future. The platform’s impact on all industry sectors and its commitment to sustainability are key elements that set it apart, providing the tools necessary for accelerated digital transformation.
Arab Food Hub: A Project for Food Security and Sustainability
One of Distichain’s noteworthy projects is the Arab Food Hub, developed in partnership with the Arab Federation for Digital Economy. This B2B marketplace aligns with the Arab food security vision, offering integrated solutions for visibility and transparency. By supporting the region’s food security goals, Distichain demonstrates its commitment to creating a sustainable and resilient future.
A Testament of Dedication
Distichain’s inclusion in PwC Middle East’s Net Zero Future50 report is an expression of commitment to driving positive change in the climate tech landscape. Through its digitalization efforts, the platform is not only transforming supply chains, but also contributing to the broader goal of achieving a net-zero future in the Middle East. As we look ahead, Distichain’s commitment to cross-sector collaboration and sustainability, positions it as a key player in shaping the region’s innovative tech narrative.
