Tracking Scope 3 Easier: Sphera Acquires SupplyShift

Published on:
by KnowESG
KnowESG_Tracking Scope 3 Easier, Sphera Acquires SupplyShift
Free Stock photos by Vecteezy

Sphera, a global leader in ESG performance and risk management, has acquired SupplyShift, a California-based company specialising in supply chain sustainability software.

Established in 2012, SupplyShift connects over 1,00,000 suppliers, facilitating quick communication between buyers and suppliers for risk management and compliance. The software provides transparency, supplier mapping, analytics, scoring, and traceability, serving a diverse clientele worldwide.

Sphera's CEO and president, Paul Marushka, commented about the remarkable growth of SupplyShift's software in enabling direct communication with suppliers and the collection of Scope 3 emissions data. Marushka highlighted the solution's relevance as global regulations increasingly demand transparency. Bringing SupplyShift into the Sphera family is seen as an expansion of offerings, enhancing Scope 3 and ESG tracking and reporting capabilities.

SupplyShift's CEO, Alex Gershenson, said, "The collaboration aims to enhance data availability for better tracking of emissions and improved supply chain sustainability management."

For more company-related news

Discover an extensive network of ESG providers here

To view and compare company ESG Ratings and Sustainability Reports, visit our Company ESG Profiles page.

Source: Sphera


Companies Headlines

Visy’s Sustainable Paper Bags for Aussie Shoppers

Visy’s Sustainable Paper Bags for Aussie Shoppers

IAG Secures Major SAF Deal

IAG Secures Major SAF Deal

DBS & Sheng Siong Aid Suppliers in Going Green

Uniforms From Bottles! Lindström India's Eco-Twist

South African Companies Lauded for Responsible Mining

Sidel, EcoVadis Join Forces for Greener Supply

50% Recycled Plastic for Choc Wrappers, Says Cadbury

Executives Face ESG Implementation Hurdles, Says Report

Capital shift: Barclays Targets Energy Decarbonisation

Highvern Teams Up with FutureTracker for Sustainability