Real-time supply chain visibility platform provider FourKites recently announced its new Net Zero initiative to help the world’s leading companies achieve their organisational goals to reduce supply chain emissions. As part of this announcement, the company unveiled Sustainability Hub, a suite of analytics tools to provide better visibility into resource consumption and waste generation; a new Sustainability Advisory Board; and ongoing original research around sustainability.
Sustainability Hub is the latest phase of FourKites’ ongoing focus to help companies scale sustainability efforts through technology and collaboration. The platform will include new tools and capabilities that enable customers to, among other things, input their sustainability goals and more accurately track saved emissions, benchmark progress against industry averages based on organisational goals and anonymised industry data, and drill down into additional load-level details to better pinpoint opportunities for optimisation. The platform can also help users to track progress via a single summary dashboard, as well as use analytics and scenario modelling to surface new insights for emissions reductions.
Sustainability Hub builds on the company’s industry-first Sustainability Dashboards, a free solution that allows companies to identify specific areas within their supply chains that are contributing high levels of greenhouse gas emissions so that they can develop more effective sustainability strategies.
The announcement coincided with FourKites’ 2022 Global Supply Chain Sustainability Summit that brought together more than 4,000 supply chain executives and sustainability thought leaders from organisations such as Sony, AB InBev, DHL, Future Planet, Volvo Group and others, to discuss how to drive positive environmental impact through supply chain transformation.
“We cannot scale the sustainability agenda without technology,” Gartner stated recently. “CSCOs expect the focus on digitalisation to increase – 72% stated that enterprises will continue to digitise and integrate new technologies, meaning supply chains will have to continuously adapt.”
To that end, FourKites has continued to drive innovation in the industry and facilitate discussion among key stakeholders across the industry to help companies meet their long-term sustainability goals.
“We started using FourKites years ago because we knew it was important to have visibility in transit,” said Paul Avampato, Head of International Logistics for Laundry and Home Care at Henkel. “Now we’re using that data to drive efficiencies in our supply chain and help achieve our sustainability goals.”
“Sustainability is a core tenet of our philosophy at FourKites, and we are hyper-focused on enabling our Fortune 1,000 customers to embed sustainability throughout every level of their supply chain,” said Mathew Elenjickal, Founder & CEO at FourKites. “I am incredibly proud of our team for driving the sustainability agenda for the industry and helping our customers make a meaningful impact on the environment.”