The ProcureTech100 is the definitive 100 pioneering digital procurement solutions.
ESG. Supply Chain Visibility. Traceability. Integration.
Here, we reveal a little bit about the pioneers in the Sustainable Procurement category.
“The pace of digital innovation and ability for digital procurement solutions to scale over the last year has been impressive. Exceptional CEOs and Founding teams are inspiring a generational change to the digital procurement ecosystem solving global challenges.”
Lance Younger, Founder & CEO, ProcureTech
The 2022 ProcureTech100 were selected from over 4,000+ digital solutions from across the planet, using enriched data and analysis, combined with the collective experience of more than 60 procurement leaders, technology experts and B2B investors. Pioneers have been identified across 14 different categories.
The Sustainable Procurement category is defined through the solution capabilities that address a corporates supply chain impact across ESG driven pillars:
- Supply chain traceability & provenance
- Emissions tracking and offsetting
- Enterprise sustainability management
- Assessments, audits and reporting
- Supply chain transparency
Corporates are most commonly prioritising emissions tracking & offsetting, as well as assessments and audits due to the global demand and low risk of adoption. Those solutions that integrate with the risk and governance process and tools are finding the most success.
Solutions often specialise in 1 or 2 of the pillars, but lack a central way to track and manage all 5. AI and Machine Learning algorithms are capturing the network effects of widescale adoption and are enabling supply chain sustainability visibility from tier 1 through tier 3 to better support the risk and sustainability functions.
The 2022 ProcureTech100 Sustainable Procurement pioneering digital procurement solutions are:
Founded: 2021 HQ: Germany
Carbmee’s EIS is an enterprise software solution for value chain carbon management, specializing in Scope 3 emissions analysis and reduction. Our platform goes beyond reporting or offsetting – empowering industry-leading enterprises with complex supply chains to start working towards their climate targets in days – not years
Founded: 2017 HQ: UK
Circulor is a leader in bringing traceability to complex industrial supply chains. For both primary supply and the circular economy, we bring transparency to both responsible sourcing and measuring embedded carbon. We help procurement and sustainability professionals see and manage what was previously invisible.
Founded: 2018 HQ: Germany
We are a software and data technology company, as well as a pioneer in Product Intelligence.
Our award-winning platform is the only cloud-based platform combining data aggregation and live applications for agile product life cycle management. We help manufacturing companies manage product data across their business and support decision-making through integrated views of a product’s financial and non-financial performance metrics.
Makersite uses artificial intelligence and graph technology to build digital twins of manufactured products. This way, engineers and product teams can develop more compliant, safer, cost-effective, and environmentally friendly products faster, and get results up to 40x faster than traditional methods.
Founded: 2008 HQ: UK
Manufacture 2030 provides global corporations with the certainty they need to hit their supply chain Scope 3 emissions reduction targets, using our unique platform, to measure, manage and reduce their environmental impact at scale.
Founded: 1998 HQ: Switzerland
Founded in 1998 and headquartered in Switzerland, RepRisk is a pioneer in ESG data science that leverages the combination of AI and machine learning with human intelligence to systematically analyze public information and identify material ESG risks. RepRisk’s flagship product, the RepRisk ESG Risk Platform, is the world’s largest and most comprehensive due diligence database on ESG and business conduct risks, with expertise in 23 languages and coverage of 200,000+ public and private companies and 55,000+ infrastructure projects. For more than a decade, the world’s leading financial institutions and corporations have trusted RepRisk for due diligence and risk management across their operations, business relationships, and investments.
Founded: 2015 HQ: USA
Rheaply is a B2B SaaS resource management technology to scale reuse and the circular economy within organizations, helping lower procurement and storage costs and reduce waste.
Founded: 2011 HQ: USA
Supplier.io powers some of the most successful supplier diveristy programs. We provide the most comprehensive, accurate, and reliable supplier diveristy data that empowers organizations to buy responsibly at scale, live their values, and support their communities in a real, rewarding, and measurable way.
Founded: 2013 HQ: Canada
Ulula enables organizations to meet Human Rights Due Diligence requirements by monitoring and improving working conditions to create more transparent and responsible supply chains. Leveraging mobile phones, Ulula’s suite of digital tools anonymously gathers honest worker insights through surveys and two-way feedback lines.