AI software platform provider o9 Solutions has announced the launch of a set of sustainability solutions that are embedded in its integrated business planning platform, including product and enterprise environmental footprint measurement, full traceability, ESG risk management, ESG-enabled business planning, sustainable sourcing and supply chain circularity.
The first offering of its kind in the supply chain software space, o9’s new sustainability solutions help organisations improve the environmental and social impact KPIs of their supply chains.
Companies that operate some of the largest and most complex global supply chains can now not only measure and report on their sustainability performance, but can also make planning decisions to reduce their carbon footprint and make meaningful progress toward net-zero goals.
The o9 sustainability solutions incorporate international standards-based sustainability metrics, analytics and KPIs into the AI-enabled o9 Digital Brain platform, powered by its patented Enterprise Knowledge Graph technology for best-in-class supply chain modelling. Integrating full-spectrum sustainability data into the o9 platform gives companies the ability to assess their sustainability performance within all planning and operational activities, as well as the ability to identify and make data-driven decisions around tradeoffs between financial costs, service levels and ESG objectives.
“A significant portion of a company’s environmental and social impact stems from its supply chain activities,” said Stanton Thomas, Senior Vice President of Sustainability, o9 Solutions. “While there is a growing number of sustainability-focused software and consulting companies entering the market, sustainability initiatives are currently managed outside of core enterprise and supply chain planning systems. With our new sustainability solutions embedded in the o9 platform, we are uniquely positioned to combine our powerful value chain modelling technology with a complete data management capability for acquiring, validating, cleansing and harmonising ESG data from diverse structured and unstructured sources.”
The launch of o9’s new sustainability solutions arrives at a pivotal point in time with companies facing mounting pressure from their stakeholders to reduce their negative environmental and social impacts, as well as recent regulatory actions in Europe, Asia and the U.S. that could result in barriers to key markets or significant fines if violated.
“Technology is needed to support supply chain leaders in their efforts to set sustainability goals not only to protect brand reputation, but also to reduce their vulnerability to future supply chain disruptions related to climate change, taxes levied on carbon emissions and other ESG regulatory implications,” said Igor Rikalo, President and COO, o9 Solutions.