IBM announced the launch of a new Supply Chain Intelligence module in its ESG data collection, analysis and reporting platform IBM Envizi ESG Suite, adding functions for companies to collect and analyze supply chain emissions for calculation and reporting.
The new features come as companies globally face increasing regulatory pressure to report on their emissions, or those originating in their upstream and downstream value chains, with emerging sustainability reporting standards including the EU and US regulator standards requiring disclosure . While emissions often account for the majority of many companies’ carbon footprint, they are typically the most challenging to track and report as they occur in areas outside of the companies’ direct control.
According to IBM, the new module enables users to capture and aggregate high-volume supplier and product-level transactional data, including automated product-level data request data collection and analysis, providing improved data quality for reporting, and the ability to identify opportunities for emissions reduction.
Resource:
https://www.esgtoday.com/ibm-adds-supply-chain-emissions-data-capabilities-to-esg-platform/