TraceGains' extensible networked platform
accelerates, renders DitchCarbon's industry leading solutions where
manufacturers need it most
WESTMINSTER, Colo.,
July 16, 2024 /PRNewswire/ --
TraceGains, the leading provider of networked compliance, quality,
and innovation solutions in the food and beverage industry, today
announces a strategic partnership with DitchCarbon, a trailblazer
in climate intelligence. The addition of DitchCarbon to TraceGains'
networked ecosystem helps customers elevate the visibility and
manageability of their Environmental, Social, and Governance (ESG)
efforts with a state-of-the-art, cost-effective solution that
seamlessly integrates into existing sourcing, compliance, and
product development workflows.
According to TraceGains R&D and Product Innovation in the
Food and Beverage Industry research, 26% of global food and
beverage leaders plan to fast-track their carbon-neutral strategies
this year. In an industry where nearly half of F&B companies
feel they're falling short on ESG initiatives despite good
intentions, and 64% acknowledge the critical importance of ESG,
this partnership is timely and transformative. As it relates
specifically to carbon by integrating DitchCarbon's comprehensive
carbon intelligence solutions with TraceGains' supplier management
and new product development offerings, this collaboration empowers
companies to build truly sustainable supply chains from the ground
up.
"Most environmental impacts originate in supply chains," said
Marc Munier, CEO and Founder of DitchCarbon. "To accelerate
global emission reductions, climate-conscious decision making must
be embedded in daily operations. TraceGains is leading the way in
this approach making this vision a reality."
DitchCarbon's environmental intelligence tools provide a
comprehensive picture of supplier sustainability, offering scoring
and evaluation based on globally accepted frameworks. This
integration allows brands to incorporate supplier sustainability
performance data into their sourcing strategies early in the
product life cycle, driving environmental intelligence and reducing
risk from the outset.
Key features of this partnership include:
- Supplier Sustainability Rankings: Evaluate supplier
participation in initiatives like CDP, UN Global Compact, and
SBTI.
- Emission Measurements: Detailed breakdowns of total emissions,
Scope 1, 2, and 3 emissions, and greenhouse gas data.
- Regional Impact Scores: Compare the carbon intensity of energy
grids globally.
"Our customers understand that integrating sustainability into
products from the start is far more efficient than trying to
retrofit climate goals later," said Greg
Heartman, VP of Product at TraceGains. "By partnering with
DitchCarbon, we're placing sustainability where it belongs, and
where it's most useful: at the heart of sourcing and supplier
qualification."
This partnership enables brands to develop precise supplier
sustainability dashboards and reports, facilitating long-term
improvement against climate objectives. The integration
of DitchCarbon's capabilities into TraceGains' platform
provides brands with powerful tools to manage environmental
impacts, and meet growing consumer, and retail demands for
sustainable products.
Together, TraceGains and DitchCarbon are pioneering a more
sustainable future for the food and beverage industry, offering
unmatched supplier-level climate intelligence and positioning
companies to excel in their ESG efforts. TraceGains continues to
double down on its commitment to elevate the visibility and
manageability of corporate sustainability programs across the
global supply chain, with DitchCarbon joining Sustained as the
second ESG-focused integrated solution on the TraceGains
platform.
About TraceGains
TraceGains is revolutionizing the
food and beverage industry with advanced and integrated digital
solutions for compliance, nutritional calculation and labeling, and
new product development (NPD). Trusted by over 1,200 global
clients, including half of the top 100 food and beverage
manufacturers, the TraceGains network connects brands via a vast
ecosystem of 80,000 supplier locations, along with a comprehensive
database of 550,000 ingredients and products. Enriched with global
horizon scanning and Environmental, Social and Governance (ESG)
information, TraceGains automates processes and insights to
navigate the inherent complexities of the global food and beverage
industry.
About DitchCarbon
DitchCarbon is the leading provider
of emissions intelligence. Our platform offers accurate, real-time
data on Scope 3 emissions, enabling companies to make informed
decisions toward sustainability by integrating with the tools they
already use. Trusted by procurement teams and carbon accountants
alike, DitchCarbon empowers organizations to achieve their
environmental goals by leveraging the latest AI, saving our clients
time and money compared to alternatives. For more information,
visit ditchcarbon.com.
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