o9 Solutions commits to Science-Based Targets Pledge
Dallas, 24 May 2021 – o9 Solutions, a premier AI-driven integrated planning and operations solution provider for the enterprise, announced today it has signed the Business Ambition for 1.5°C pledge as part of the Science-Based Targets initiative (SBTi). In the pledge, o9 Solutions commits to set science-based emissions reductions targets across the entire value chain that are consistent with keeping global warming to 1.5°C above pre-industrial levels. o9 is also committing to a long-term target to reach net-zero emissions by no later than 2050. By taking these steps, the company shows commitment to take concrete steps to reduce its impact on the environment.
Social impact is one of o9’s core values. The company actively promotes positive change initiatives that give back to communities and encourage sustainable practices. o9 decided to respond to SBTi’s urgent call-to-action for companies to set emissions reduction in line with a 1.5°C future, backed by a global network of UN agencies, businesses, and industry leaders. It has committed to a science-based target as o9 believes that an independent, scientific approach will have the biggest impact in order to meet the goals of the Paris Agreement.
o9 Solutions is currently researching and gathering data on its environmental footprint, in order to understand its baseline, incl. energy usage, travel, and other commuting-related footprints. Once this step is completed, o9 will formulate new targets based on the latest scientific research on reducing environmental footprints, no later than May 2023.
"Social impact is a key part of the DNA of o9 Solutions. We help companies with better forecasting and decision making so that they can make better use of the Earth’s resources. It is important to lead by example and that is why we have selected the Science-Based Targets initiative. We believe that decisions based on research and data are the most effective way to contribute to a positive change to our world."Igor Rikalo, COO of o9 Solutions
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o9 SolutionsThe Digital Brain Platform
o9 offers a leading AI-powered Planning, Analytics & Data platform called the Digital Brain that helps companies across industry verticals transform traditionally slow and siloed planning into smart, integrated and intelligent planning and decision making across the core supply chain, commercial and P&L functions. With o9’s Digital Brain platform, companies are able to achieve game-changing improvements in quality of data, ability to detect demand and supply risks and opportunities earlier, forecast demand more accurately, evaluate what-if scenarios in real time, match demand and supply intelligently and drive alignment and collaboration across customers, internal stakeholders and suppliers around the integrated supply chain and commercial plans and decisions. Supported by a global ecosystem of partners, o9’s innovative delivery methodology helps companies achieve quick impact in customer service, inventory levels, resource utilization, as well as ESG and financial KPIs—while enabling a long-term, sustainable transformation of their end-to-end planning and decision-making capabilities.