The purpose of this revised version is to assist organizations in meeting the strict regulatory requirements for reporting scope 3, category 1 emissions.

California's Climate Corporate Data Accountability Act and the European Union's Corporate Sustainability Reporting Directive (CSRD) are two examples of the expanding legal environment that necessitates the product. Precise and auditable emissions data across the supply chain are required by these rules. As a result, Optera has improved its technology to provide more granular emissions control, encouraging more successful decarbonization efforts throughout business value chains.

Optera specializes in offering strong ESG and carbon management solutions that help businesses effectively assess and reduce their environmental impact. Their systems are renowned for including sophisticated computation tools and thorough emissions data to promote environmentally friendly corporate operations.

The functionality of Optera's current system is improved by the new Supply Chain Manager. More thorough supplier data, greater openness in emissions estimates, and a streamlined onboarding procedure for businesses beginning emissions reporting are all included. To encourage more cooperation between corporate sustainability teams and other stakeholders, the user interface has also been enhanced.

further stringent supplier data quality criteria and an integrated database including emissions data from over 10,000 businesses are two further improvements in the new Supply Chain Manager. Emissions data from suppliers at the plant, business unit, and soon product levels are now supported by the system.

Additionally, Optera has launched an Outreach module that enhances the standard database by making it easier to get direct data from suppliers with different degrees of preparedness for emissions reporting. For businesses working with suppliers who are at varying phases of their sustainable journeys, this session is essential.

Meeting science-based standards and standard emissions reporting requires supplier cooperation, according to recent Optera surveys of experts in industries like manufacturing, retail, financial services, and IT. With more than 90% of respondents regularly reporting emissions to stakeholders and authorities, the results demonstrate a strong commitment to decarbonization throughout the value chain.

Tim Weiss, CEO and co-founder of Optera, stated that the company is dedicated to revolutionizing the way that sustainable supply chain management is approached. "In addition to making managing emissions data easier, our improved Supply Chain Manager enables businesses to take decisive action toward all-encompassing climate action."