January 29, 2024
2 read min
DALLAS, 29 January 2024 – o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making, today announced it has successfully submitted its science-based emission reduction targets, which have been validated by the Science Based Targets initiative (SBTi). Submitting, validating, and approving science-based targets are part of the Business Ambition for 1.5°C pledge that o9 has signed in 2021. The SBTi is a global body enabling businesses to set ambitious emissions reduction targets in line with the latest climate science.
In adherence to this pledge, o9 Solutions submitted two short-term and one long-term science-based targets in 2023, all validated by the SBTi. Specifically, the company has committed to reaching net-zero greenhouse gas emissions across the value chain by 2040 from a 2022 base year. As a near-term target, o9 commits to reducing absolute scope 1 and 2 GHG emissions by 50% by 2030, measured against a 2022 baseline year. Furthermore, o9 commits to ensuring that by 2028, 90% of its suppliers by emissions, spanning purchased goods and services, will have adopted science-based targets, also benchmarked against a 2022 baseline. The long-term target the company has set is to reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2022 base year. o9 Solutions also commits to reducing absolute scope 3 GHG emissions by 90% within the same timeframe.
Leveraging its proprietary Digital Brain platform, o9 will identify strategic enhancements within its value chain. Notably, o9 has initiated a comprehensive supplier engagement strategy, modifying the o9 code of conduct to resonate with these ambitious targets. Social impact is one of the company's core values. o9 has multiple initiatives to support sustainable practices and give back to the community worldwide. To read more about o9’s ESG endeavors, please read its latest ESG report here.
Chakri Gottemukala, Co-founder and CEO of o9 Solutions, commented: “Setting and validating our science-based targets underscores o9's unwavering commitment to a sustainable future. These targets drive our operational excellence and amplify our role in fostering environmental responsibility across the industry. By aligning with the Science Based Targets initiative, o9 joins the many other companies committed to working to a more sustainable world.”
To learn more about o9 solutions, please visit o9solutions.com.
About the authors
o9
The Digital Brain Platform
o9 Solutions is a leading Enterprise Knowledge and AI-powered platform helping companies build Agile, Adaptive & Autonomous Planning & Execution Models for transforming enterprise decision-making in environments of rising volatility and uncertainty. Whether it is improving forecast accuracy, matching demand and supply and driving collaboration across the multi-tier supply chain to improve resilience at optimal costs and inventory, or optimizing new product and commercial initiatives to drive revenue growth and margins, decision-making processes from long-range to tactical to execution horizon can be made faster and smarter and connected on o9’s Digital Brain Platform.
o9 brings together game-changing technology innovations — such as innovative enterprise knowledge graph modeling, big data analytics, advanced algorithms for forecasting, demand/supply balancing, scenario planning, real time learning, collaboration, generative and agentic AI, easy-to-use interfaces and cloud-based delivery, and innovative management methods — as well as organization, process and change management best practices to transform decision-making speed and intelligence.
