Wednesday, June 29, 2022

Firms are under increasing pressure to both quantify and improve ESG performance. For firms in sectors including manufacturing, construction, utilities, and food and beverage, the pressure is on to drive sustainability initiatives across supply chains.

These include managing climate impact, in which Scope 3 plays a pivotal role; mitigating climate risk, which constitutes a core element of TCFD-derived regulations, and ensuring supplier collaboration towards ESG goals. These new concerns build upon pre-existing compliance obligations for firms. In response to the burgeoning demand for supply chain sustainability management software, Verdantix has constructed a comprehensive picture of the overall market, leveraging publicly available information on acquisitions, partnerships, and product releases.