In 2023, end-to-end traceability has become even more vital for companies globally. We are witnessing a real paradigm shift with all the emerging regulations that are defining a future where reliable, end-to-end traceability will be a form of «license to operate» in most markets.
2024 holds the prospect of being a fascinating period as we remain committed to helping industry leaders in their pursuit of traceability excellence.
Let’s take a moment to look back at some of the highlights of 2023!
This year’s successes are a testimony to Tilkal’s unique position as a truly cross-sector, cross-product traceability solution.
We were delighted to initiate new partnerships across various industries, with some being publicly disclosed and others remaining confidential.
These collaborations span a wide array of subjects, including evaluating sourcing risks and ensuring compliance with deforestation regulations with Valrhona (Savencia Group), consolidating impact measurement in the recycling, mining, and textile sectors, conducting supply chain due diligence and risk monitoring related to critical raw materials for both the mining and food industries, and developing Digital Product Passports applicable to both B2B and B2C contexts, particularly in industries such as retail goods, textiles, and mining.
At Tilkal we are deeply involved with the European Commission (European Innovation Council), the United Nations, GS1, or AFNOR, to contribute to shaping the future of traceability and Digital Product Passports.
Our CEO was invited to join the UNECE (United Nations Economic Commission for Europe) Team of Specialists on ESG Traceability of Sustainable Value Chains in the Circular Economy, with the aim of developing global collaboration to achieve supply chain transparency and traceability at a greatly increased scale.
For 2024, we see two interesting movements taking shape:
- the interoperability of traceability platforms, which is the only viable option for deployment on a global scale.
- Two complementary/converging approaches for the Digital Product Passport (DPP): the DPP supported by the European Union, which focuses on the post-sale lifecycle of finished products, and the DPP supported by the United Nations, which focuses on product origin.
Regulations such as the German Supply Chain Due Diligence Act (LkSG), AGEC or the US Uyghur Forced Labor Prevention Act are already partly or fully applicable, but now is the time to prepare for the Digital Product Passport for batteries and the EU Deforestation Regulation (2024), but also for CSRD (2025) and the US Food Safety Modernization Act (2026) just to name a few.
To help you investigate which regulations apply to you and determine what you need to do to comply with them we have compiled a Handbook that covers 10 key traceability-related regulations in the EU and in the US you must absolutely know about. Download now!
Demonstrating its ability to support large-scale deployments, our platform stands out with unrivalled levels of performance and volumes of data processed, with over 1,4 million events and 1.3 million transactions notarized each year and 60k locations/suppliers declared.
Through our blockchain network, we are shaping a robust and efficient response to emerging compliance demands. Over 90 independent blockchain nodes are currently operated by prominent industry players worldwide. It stands as a backbone to share data with the right balance between confidentiality and transparency while providing the capability to improve operational excellence from product origin to ESG claims.
Coming very soon in 2024: updates to the UX/UI of our platform and exclusive new features for our data collection campaign manager and our supplier portal, and the launch of supervAIsor© our new machine learning tool for managing risk zones.
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