o9 Solutions, an enterprise artificial intelligence software platform provider for transforming planning and decision-making, announced the launch of a broad and deep 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.
What is the product offer of o9’s solutions?
The first offering of its kind in the supply chain software space, o9’s sustainability solutions help organizations improve the environmental and social impact KPIs of their supply chains.
Firms that operate some of the largest and most complex 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 modeling.
Integrating full-spectrum sustainability data into the o9 platform gives firms the ability to assess their sustainability performance, as well as the ability to identify and make data-driven decisions around tradeoffs between financial costs, service levels and ESG objectives.
What were the executives’ thoughts on the suite?
“A significant portion of a firm’s environmental and social impact stems from its supply chain activities. While there is a growing number of sustainability-focused software and consulting firms entering the market, sustainability initiatives are managed outside of core enterprise and supply chain planning systems,” said Stanton Thomas, SVP of Sustainability, o9 Solutions.
“With our sustainability solutions, we are uniquely positioned to combine our powerful value chain modeling tech with a complete data management capability for acquiring, validating, cleansing and harmonizing ESG data from diverse structured and unstructured sources.”
“Expanding our product portfolio to include capabilities for tracking and managing ESG metrics and KPIs marks an important milestone in o9’s product evolution, and we are excited to help our clients meet their toughest sustainable supply chain challenges,” Thomas further said.
“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.
“At o9, we understand the deeply interconnected nature of sustainability, optimal supply chain performance and tech. We are excited to open the o9 platform up to a growing market for ESG solutions and most importantly, fulfill our mission of helping the world’s largest firms create environmentally and socially sustainable supply chains that will benefit all of humanity.”
What does the suite mean for o9’s industry ambitions?
Throughout the last year, o9 completed several sustainability solution proof of concepts with various customers across a wide range of industries, as well as initiated the co-development of a new CO2 emissions tracking capability with a leading manufacturer.
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 United States. that could result in barriers to key markets or significant fines if violated.
The launch marks a vital next step in o9’s commitment to help large firms transform their costly, complex and resource-intensive supply chains into efficient and sustainable operating models. It is this mission that drove Generation Investment Management, General Atlantic and its BeyondNetZero venture to join KKR in investing $295m in o9 to accelerate the adoption of its game-changing platform by large firms across a variety of industry verticals.
Learn more about o9’s full suite of sustainability solutions at this website.