Achilles and Green Project Join Forces to Accelerate Decarbonisation in Global Supply Chains
In a significant move towards enhancing enterprise climate strategies, Green Project Technologies and Achilles have announced a strategic partnership that aims to revolutionize how organizations manage their carbon emissions, particularly Scope 3 emissions. This collaboration combines cutting-edge carbon measurement tools with robust supply chain data, providing businesses with actionable insights to propel their decarbonization efforts.
What the Partnership Entails
The partnership between Green Project Technologies, a leader in supply chain carbon accounting, and Achilles, a specialist in supply chain risk and performance management, is designed to simplify the management of carbon emissions. Here’s how:
- Integration of Tools: Green Project’s carbon measurement capabilities will merge with Achilles’ comprehensive supply chain data.
- Actionable Insights: Organizations will receive detailed insights that enable them to make informed decisions about their emissions reduction strategies.
- Enhanced Supplier Engagement: The collaboration supports supplier engagement and renewable energy procurement, crucial for achieving net-zero targets.
Benefits for Enterprises and Suppliers
The strategic alliance not only benefits large corporations but also extends value to their suppliers. Here are the key advantages:
- Improved Sustainability Ratings: Suppliers can utilize tools from the partnership to assess and reduce their emissions, thus improving their sustainability ratings.
- Increased Visibility: Enhanced transparency allows suppliers to gain visibility among major buyers looking for verified low-carbon partners.
- New Commercial Opportunities: The partnership opens doors for suppliers to access new business opportunities through enhanced competitiveness.
Background on the Companies
Green Project Technologies specializes in integrating carbon accounting into operational processes, making it easier for businesses to scale their sustainability efforts. Their platform offers credible data that advances net-zero targets.
Achilles, on the other hand, boasts over 30 years of experience in improving supply chain transparency and mitigating risks, with a particular focus on ESG compliance and carbon management.
Statements from Leadership
Green Project Technologies CEO Sam Stark stated, “This collaboration with Achilles represents a pivotal step forward in our mission to democratize carbon accounting and enhance supply chain sustainability.” He emphasized the importance of integrating emissions measurement seamlessly into operations.
Similarly, Achilles CEO Dr. Paul Stanley remarked, “In many industry sectors, supply chains hold the key to real progress on climate. This partnership enables our customers to take meaningful, measurable action, fostering more resilient and sustainable supply chains.”
Investment and Future Prospects
Achilles is backed by Bridgepoint, a global private asset growth investor that supports the company’s expansion. The collaboration reflects a broader commitment to sustainability-focused technology investments, as Bridgepoint also holds a minority stake in ACT Group, the parent company of Green Project Technologies.
This strategic partnership not only signifies a transformative step for enterprise sustainability but also sets a precedent for future collaborations aimed at addressing climate change. For more information on sustainable practices and carbon accounting, visit our Sustainability Resources page.
