Origins

The Full Story

The global economic system lacks verified, scalable, and interoperable data on the physical location of assets. This creates a critical blind spot in understanding and managing the financial impacts of climate change, transition risks, and geopolitical shocks. Companies, boards, and investors struggle to understand where things stand to assess risk and impact.

Current methods for visibility are no longer sufficient to meet regulatory requirements and customer expectations, or to mitigate corporate exposure risk. 

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Global corporations established the Supply Chain Data Partnership to explore the possibility of increasing transparency within supply chains by providing verified location identifiers for physical assets (e.g., factories, Silos, distribution hubs, abattoirs). This was designed to enable companies to assess risks, vulnerabilities, and identify investment opportunities.

We successfully tested the original concept on soy to determine if it was possible to identify physical features within the soy supply chain remotely. We now aim to create a simple location registry that can link to other systems to:

• Protect profit and product lines

• Increase resilience to climate change,

• Meet new regulations and due diligence requirements,

• Reduce corporate exposure risk to geopolitical tensions, and

• Improve transparency on nature investments

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TruePosition is the next stage in our evolution.

Using Satellite data, AI, and global location expertise, the registry employs a novel commercial model. While free for asset owners to register, those who need to use the data pay to access the registry to confirm that the site has been detected and independently verified.

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Our ambition is to provide transparency to derisk and create resilient supply chains that support people, planet, and profit.

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We are actively looking for forward-thinking partners and customers to help this collaboration move into the next phase.

Read more about our origins in the Journal of Supply Chain Management, Logistics and Procurement: Lyndsay, Donna, Croney, Stephen and Elliott, Cindy (2025, June 1). Verifying ‘where’ in the supplier network builds resilience and strengthens brand trust.  Journal of Supply Chain Management, Logistics and Procurement, Volume 7, Issue 4. https://doi.org/10.69554/AORT2848.