o9 Solutions is a leading provider of enterprise artificial intelligence (AI) software platforms dedicated to driving planning and decision transformation. The company today announced a full suite of capabilities and in-depth sustainability solutions. These solutions are embedded in o9’s integrated business planning platform, including product and corporate environmental footprint measurements; Full traceability; Environmental, Social and Governance (ESG) risk management; ESG-driven business planning; Sustainable sourcing and supply chain recyclability, among others.
As a first-of-its-kind product in supply chain software, o9’s new sustainability solutions are designed to help companies improve their supply chains in environmental and social impact key performance indicators (KPIs). With this product, companies with hyperscale and extremely complex global supply chains can now not only measure and report on their sustainability performance, but also make programmatic decisions to reduce their carbon footprint and make tangible progress on the road to net zero. o9 Sustainability Solutions incorporates international standard-based sustainability indicators, analytical methods and KPIs into the AI-driven o9 digital brain platform, supported by o9’s patented Enterprise Knowledge Graph technology to provide best-in-class supply chain modeling capabilities. By integrating a full range of sustainability data into the o9 platform, companies will be able to evaluate their sustainability performance across all planning and operational activities, while being able to identify and make data-driven decisions to strike a balance between financial costs, service levels, and ESG goals.
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Stanton Thomas, senior vice president of sustainability at o9 Solutions, said: “The environmental and social impact of a company comes largely from supply chain activities. While more and more sustainability-focused software and consulting firms are entering the market, sustainability initiatives are still managed outside of core corporate and supply chain planning systems in their products. With our new sustainability solution embedded in the o9 platform, o9 is uniquely positioned in the marketplace to combine strong value chain modeling techniques with complete data management capabilities to acquire, validate, cleanse, and reconcile ESG data from disparate structured and unstructured sources. This expansion of the product portfolio, which incorporates the ability to track and manage ESG metrics and KPIs, is an important milestone in the evolutionary history of o9 products, and we are excited to help our customers meet the thorny challenges of sustainable supply chains.”
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Over the past year, o9 has completed several proof-of-concept activities for sustainable solutions with customers across a wide range of industries and began working with a leading manufacturer to develop a new CO2 emissions tracking tool. The launch of o9’s new sustainable development solutions comes at a critical time, stakeholders are demanding to reduce environmental and social negative impacts, and enterprises are facing increasing pressure in this regard; In addition, europe, Asia and the United States have recently adopted tougher regulatory measures, which, if violated, may result in companies not being able to access key markets or face huge fines. The launch of the new product also marks an important step forward for o9 on the road to delivering on its commitment to helping large enterprises transform costly, complex and resource-intensive supply chains into efficient and sustainable operating models. Optimistic about o9’s mission, Generation Investment Management, General Atlantic (along with its flagship BeyondNetZero Ventures) and KKR have jointly invested $295 million in o9 to accelerate the adoption of its disruptive platforms in large enterprises across verticals.
Igor Rikalo, President and Chief Operating Officer of o9 Solutions, said: “Supply chain leaders need technology to support them in setting their sustainability goals. This is not only to protect brand reputation, but also to reduce the risk of supply chain disruptions related to climate change, carbon taxes and other ESG regulatory impacts in the future. o9 understands this deep correlation between sustainability, supply chain performance excellence and technology. We are excited to open up the o9 platform to the fast-growing ESG solutions market and, most importantly, to fulfill our mission to help the world’s largest companies create supply chains that are environmentally and socially sustainable, ultimately benefiting all of humanity.”
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