The addition of this Supplier Sustainability Management functionality combined by Vizibl’s existing Supplier Relationship Management, Supplier Collaboration Workspace, and Supplier Innovation Hub enables organisations to focus on sustainability targets, collaboratively problem solve with their supplier ecosystems, open source innovation for sustainable transformation and business growth, and gain priority access to scarce green goods & services.
Mark Perera, Vizibl CEO said: “With mounting consumer and shareholder pressure on businesses to operate more sustainably, ensuring our customers have all the tools they need to accurately assess and improve sustainability performance across their supply base is key for Vizibl. By bringing CDP and SBTi frameworks, ESG programmes, and robust target-setting functionality into our platform to complement and underpin existing Supplier Collaboration and Innovation functionality, we are arming our customers with a powerful set of tools to overcome common blockers and drive sustainable business growth.
“With the majority of our impact on the planet and its people sitting in our supply chains, there is a growing appreciation of the enormity of the supplier sustainability challenge – particularly around scope 3 emissions – amongst executives at enterprise organisations. Their teams face frequent stumbling blocks around data and processes, lacking the technology and the centralisation to make meaningful progress on their supplier sustainability initiatives. With this module we are not only providing easy access to CDP and SBTi data to support procurement and their colleagues, but we have built the infrastructure for effective measurement and target-setting with suppliers. This was a crucial step in empowering large enterprise organisations to accelerate their sustainability efforts, and builds on the partnership with leading supplier sustainability rating provider EcoVadis that we established in 2019.”
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