Optera has launched an upgraded version of its Supply Chain Manager, designed to assist businesses in meeting the growing regulatory demands for detailed scope 3, category 1 emissions reporting. The new platform offers improved capabilities for managing emissions data, enabling organizations to accelerate their decarbonization efforts.
Enhanced Capabilities for Emissions Management
The next-generation Supply Chain Manager from Optera comes with enhanced features that allow for more detailed management of supply chain emissions data. This is in response to the implementation of regulations such as the European Union’s Corporate Sustainability Reporting Directive (CSRD) and California’s Climate Corporate Data Accountability Act, which necessitate transparent and auditable supply chain emissions data. Optera’s upgraded platform is designed to help organizations meet these emerging requirements in a more efficient manner.
A Transformative Approach to Sustainability
Optera is not just providing a tool, but enabling a transformative approach to sustainability, according to Tim Weiss, CEO and co-founder of Optera. The enhanced supplier data granularity, transparent calculations, and accelerated time to insight make it easier for companies to drive climate action throughout their value chains.
Key Features of the New Supply Chain Manager
- 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.
- The design is more streamlined, facilitating collaboration among cross-functional teams, including company leadership and other stakeholders outside of sustainability teams.
Optera’s Supply Chain Manager offers a comprehensive solution for businesses looking to enhance their emissions reporting capabilities and drive sustainable practices across their value chains.