Smart Innovators: Supply Chain Sustainability Software

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Executive Summary

In the last three years, sustainability-aligned performance in the supply chain has become a key factor in meeting corporates’ ESG goals. Supply chain sustainability digital tools help firms improve visibility of their low-tier suppliers, assess exposure to hidden risks and ensure collaboration with suppliers on sustainability matters. The market for supply chain sustainability software is highly diverse, with vendors entering from multiple backgrounds, such as EHS, governance, risk and compliance (GRC) and ESG. This report defines the scope of supply chain sustainability solutions and provides a benchmark of 30 software providers, to help buyers enhance their ESG performance in the supply chain. Corporates, including heads of sustainability, procurement, supply chain, risk and operations, should use this report to inform the adoption of supply chain sustainability software in their digital ecosystems. 
Digital tools help firms drive ESG performance in the supply chain
Stakeholder scrutiny pushes firms to enhance supply chain transparency
Pressing regulatory burden drives demand for supply chain sustainability software
Evaluated firms and selection criteria
The market for supply chain sustainability software is highly diverse
Core capabilities essential for supply chain sustainability software providers
Product innovations include the use of AI and offerings focused on suppliers
Figure 1. Drivers behind increased commitment to ESG and sustainability  
Figure 2. Regulations and voluntary frameworks addressing ESG performance in the supply chain   
Figure 3. Core segments of the supply chain sustainability software market
Figure 4. Selection process for identifying smart innovators
Figure 5. Supply chain sustainability solutions: funding rounds and acquisitions in 2023 
Figure 6. Supply chain sustainability software: key functionality
Figure 7. Supply chain sustainability software providers capabilities assessment

About the Authors

Elisa Molero

Elisa Molero

Industry Analyst

Elisa Molero is an Industry Analyst in the Verdantix ESG & Sustainability practice. Her current research agenda focuses on emerging solutions and global market trends arou…

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Jessie Wilson

Jessie Wilson

Industry Analyst

Jessie is an Industry Analyst in the Verdantix ESG & Sustainability practice. Her current research agenda spans areas such as ESG reporting, the circular economy and suppl…

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Kim Knickle

Kim Knickle

Research Director, ESG & Sustainability

Kimberly Knickle is Research Director of the ESG & Sustainability practice at Verdantix. Her research areas encompass ESG regulations and reporting, ESG risk, supply chain…

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