Digital supply chain solutions provider Blue Yonder announced the acquisition of the business of logistics-focused climate data tech startup Pledge Earth Technologies, with the transaction aimed at enhancing Blue Yonder’s capabilities to help customers assess and reduce supply chain emissions.
Founded in 2021, UK-based Pledge provides solutions enabling enterprises to calculate and report emissions across their logistics supply chains. The company offers a cloud-based platform automating the collection of shipment data from suppliers, as well as the calculation and reporting of logistics emissions across transportation modes including air, inland and sea, in addition to logistics hubs.
Pledge CEO and co-founder David de Picciotto said:
“At Pledge, we believe that technology is a powerful catalyst in the fight against climate change. By joining forces with Blue Yonder, we are multiplying our reach and our impact, giving the largest enterprise supply chains on the planet access to the tools they need to measure, report, and cut carbon.”
According to Blue Yonder, the acquisition will add globally accredited logistics CO2e emissions reporting to its platform, allowing customers to monitor their own emissions, and those of their trading partners and suppliers, and to meet their sustainability goals and Scope 3 emissions reporting requirements. Specifically, Blue Yonder said that users will be able to receive emissions reporting that is in conformance with the Global Logistics Emission Council (GLEC) framework, developed by the Smart Freight Center (SFC), and aligned with International Organization for Standardization (ISO) 14083: Greenhouse gases, demonstrating accuracy and reliability.
Saskia van Gendt, Chief Sustainability Officer at Blue Yonder, said:
“The ability to easily and accurately quantify precise emissions is a huge win for our customers’ sustainability initiatives, but it’s also more than that – it’s about what you can do with that information. By gaining more insight on the environmental impact of their logistics operations, businesses can find ways to reduce cost, improve accountability for logistics service providers’ transportation emissions, and target specific inefficiencies for improvement.”
