ESG Risk Detection and Sustainable Procurement
o9’s powerful EKG patented technology is expanding to tackle our clients’ sustainability needs.
Trusted by leaders across industry verticals
Supply chain risk and sustainability requirements are interconnected.
o9 Sustainability Solutions seamlessly integrates principles of resilience and sustainability through risk detection. We provide supply chain professionals with access to both the collective data, the resulting analysis, and real-time or predictive alerts on ESG risk.
Risk and Sustainable Procurement
Increase resilience by visualizing your n-tier supplier network, their ESG risk scores, and identify risk through real-time alerts to inform procurement decision making
Top quick-win ESG risk capabilities:
- Understand exposure to ESG related risks, and track and manage supply chain resilience through risk notifications
- Ability to identify significant CO2, waste and water reduction opportunities
- Include key sustainability levers in procurement decision making
- Understand risks vs. rewards trade-offs and improve sustainable sourcing through real-time, on-demand scenario planning
Use cases for supply chain operations and risk detection
o9 has access to data available to enable the prediction of various risks categorized under the ESG umbrella. This information can be used to understand the business exposure and facilitate a much faster response to increasing risk levels.
Currently companies make short term decisions based solely on cost impacts. With o9, disruption management takes both risk detection and sustainability information into account to guide supply chain professionals to sustainability aware decision making.
Procurement decisions are mostly based on financial data and supplier assessments, which are often lagging behind on a timescale, as data is only reported periodically. They also fail to include incidents at suppliers, such as strikes, imposed sanctions, human rights violations, or fires, etc.
Sustainable procurement capabilities aid sustainable sourcing decision making by using ESG risk scores for supplier sourcing selection process. This includes leveraging 3rd party data providers and integrating historical information for risk prediction, detection and real-time alerts.
Monitoring ESG risk levels
Extreme weather patterns, and geopolitical events that result in changing tariff, trade and tax policies are occurring with even greater frequency.
These changes can put continuity of supply at risk and may require changes in sourcing and manufacturing policies., Both weather-related events and geo-political events can have significant financial impacts.
These risks need to be integrated into a holistic outlook for monitoring and mitigating risks.
Our platform allows for flexibility to specify risk categories and their key indicators. It continuously monitors the news-feed, flags and sends the alerts as configured.
Each sector, each company can customize categorization and indicator priorities and preferences.
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What our leaders say
Chakri GotemukkalaCEO and co-founder — o9 Solutions
“Sustainability is at the center of our vision and mission at o9. We are focused on transforming planning and decision-making. We add value to our clients through the ability to understand the environmental footprint across a multi-tier supply chain and then take surgical actions to improve.”
Sanjiv SidhuChairman and co-founder — o9 Solutions
“Enterprises are one of the largest consumers of the Earth’s precious resources. If your planning processes are poor, you use many more resources than you need. IBP is key to ending this practice and meeting your company’s goals. It is both smart for your business and positive for the planet.”
Igor RikaloPresident and COO — o9 Solutions
“At o9, we understand the deep connection between sustainability and optimal supply chain performance. We’re excited to open the o9 platform up to a rapidly growing market for sustainability solutions and fulfill our mission of creating sustainable supply chains for the largest of organizations.”
Stanton ThomasSenior Vice President of Sustainability — o9 Solutions
“With our Sustainability Solutions embedded in the o9 platform, we are uniquely positioned with powerful value chain modeling technology and a complete sustainable data management capability. Expanding our capabilities for managing ESG metrics and KPIs marks an essential milestone in o9’s product evolution.”
Stephan de BarseExecutive Vice President — o9 Solutions
“A first in the supply chain software space, o9’s Sustainability Solutions helps organizations link sustainability metrics and performance to their planning and decision-making processes. Our new solution will drive organizations toward sustainable operating models.”