What is the UK Environment Act?
The UK Environment Act is landmark legislation designed to address various environmental issues within the United Kingdom, including air and water quality, waste management, and biodiversity restoration. Enacted in 2021, the Act sets out a legal framework for environmental protection and the sustainable management of natural resources, establishing long-term legally binding environmental targets.
For supply chain traceability companies operating within or with the UK, the Environment Act introduces new requirements and challenges, particularly in ensuring compliance with due diligence obligations related to sourcing and environmental impact assessments.
The Act underscores the importance of traceability and transparency in supply chains, pushing companies towards more sustainable practices and greater accountability in their environmental impact.
Related terms
Distributed Ledger Technology (DLT)
Distributed Ledger Technology (DLT) refers to a decentralised database that is consensually shared and synchronised across multiple sites, institutions, or geographies, making it accessible to multiple participants.
Immutability
Immutability refers to the characteristic of data or records that cannot be altered or deleted after being recorded. This principle is a cornerstone in the realm of digital transactions, underpinning the reliability and security of data management systems.
Digital Twin
In supply chain management, digital twins can model and monitor supply chain operations, predict outcomes under various scenarios, and optimise performance.