Optera releases the next generation of its Supply Chain Manager to help companies meet increasingly stringent regulatory requirements for scope 3, category 1 emissions reporting. The new version offers enhanced capabilities for managing supply chain emissions data at a more granular level, enabling organizations to drive more effective decarbonization efforts across their value chains.
With the implementation of regulations such as the European Union's Corporate Sustainability Reporting Directive (CSRD) and California's Climate Corporate Data Accountability Act), companies increasingly require transparent and auditable supply chain emissions data. Optera has enhanced its Supply Chain Manager platform to help organizations meet these emerging requirements faster and more efficiently.
"We're not just providing a tool; we're enabling a transformative approach to sustainability," says Tim Weiss, CEO and co-founder of Optera. "With enhanced supplier data granularity, transparent calculations, and accelerated time to insight, Optera is making it easier than ever for companies to drive climate action throughout their value chains."
Key Takeaways:
- The system now accommodates facility-level and business unit emissions data from suppliers, with the ability to incorporate product-level emissions insights in the near future.
- The platform displays emissions calculations, sources and emissions factor mapping clearly within the interface, supporting data traceability for sustainability teams, stakeholders, and auditors alike.
- Companies can now access initial supply chain emissions data in just weeks for a faster start to their category 1 inventory, with automated reporting to streamline submission for the most common reporting frameworks.
- Offers a more streamlined design that facilitates collaboration among cross-functional teams, including company leadership and other stakeholders outside of sustainability teams.
