GEP Strengthens Carbon Disclosure Partnership for Sustainability
GEP Enhances Sustainability Through Expanded CDP Partnership
GEP, a renowned global leader in procurement and supply chain services, has announced an exciting development in its efforts to promote environmental sustainability. This initiative is centered around the expansion of its strategic partnership with the Carbon Disclosure Project (CDP), a prestigious environmental disclosure platform recognized worldwide. By integrating CDP's extensive environmental data into its GEP GREEN sustainability software, GEP empowers clients to effectively measure, manage, and mitigate their Scope 1, 2, and 3 emissions.
Why This Partnership Matters
This collaboration brings significant advancements to GEP GREEN, providing customers with necessary benchmarks to track their emissions and assess their suppliers' sustainability performance. Real-time insights delivered through this innovative platform enable enterprises to make more informed decisions that support environmental responsibility and enhance their overall sourcing strategies. By incorporating comprehensive emissions data, GEP GREEN helps organizations not only meet regulatory requirements but also enhance transparency within their supply chains.
GEP’s Commitment to Sustainability
According to Jagadish Turimella, the COO and co-founder of GEP, the integration of CDP data into their sustainability software allows procurement and supply chain leaders to gain vital information that helps reduce environmental impacts while optimizing costs. This integration not only boosts transparency but also equips companies with a stronger competitive edge in today’s market.
Key Benefits for GEP Clients
GEP’s clients stand to benefit tremendously from this partnership:
- Comprehensive Emissions Measurement Across Scope 1, 2, and 3: With precise tracking of emissions as well as waste, water, and energy consumption, clients can ensure accurate sustainability reporting and informed decision-making.
- Smarter Sustainability Strategies: Leveraging CDP's data allows companies to craft actionable decarbonization plans, identify risks associated with suppliers, and promote sustainability initiatives throughout their supply chains.
- Streamlined Compliance and Reporting: Automated and aligned reporting with leading sustainability frameworks like CDP, SBTi, GRI, and SASB allows companies to confidently meet evolving environmental regulations.
What Sets GEP Apart
GEP SOFTWARE stands tall as an industry leader due to its AI-first, low-code platform, GEP SMART, which has been acknowledged as the world’s best procurement software for two consecutive years. This platform, along with GEP NEXXE, which is a next-generation cloud-native unified supply chain platform, provides unmatched efficiency, agility, and visibility across procurement, purchasing, and supply chain functions.
About GEP SOFTWARE
At the heart of GEP SOFTWARE's solutions is a commitment to helping global enterprises become more agile and competitive in an ever-evolving marketplace. By providing beautifully rendered user interfaces and seamlessly integrated workflows, GEP ensures high levels of user adoption and significant productivity improvements. Their software uses advanced technologies such as machine learning and cognitive computing, and easily integrates with third-party systems including SAP and Oracle, allowing for swift implementation and maximized return on investment.
Frequently Asked Questions
What is the focus of GEP's new partnership with CDP?
GEP is expanding its partnership with CDP to enhance its sustainability solutions, incorporating more comprehensive emissions tracking into its GEP GREEN software.
What are the benefits of using GEP GREEN?
GEP GREEN offers improved emissions measurement, supports smart sustainability strategies, and ensures compliance with environmental regulations through automated reporting.
How does GEP support its clients in sustainability?
GEP provides tools and data that empower clients to track emissions accurately, assess supplier sustainability, and develop effective decarbonization plans.
What technologies are implemented in GEP Software?
GEP Software leverages AI, machine learning, and cognitive computing to create flexible and efficient digital workspaces for its users.
How has GEP’s software been recognized in the industry?
GEP SOFTWARE has been recognized as the leading provider of procurement and supply chain software, winning various awards, including for its GEP SMART platform.
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