Ivalua has launched its Environmental Impact Center (EIC), a solution that enables organizations to measure and reduce their value chain (or Scope 3) emissions. By integrating the EIC’s functionalities in their procurement practices, organizations can accelerate sustainability agendas with reliable emissions data for all the direct and indirect products and services they acquire, and establish transparent reporting standards.
Through EIC, emissions data can be imported from recognized third-party emissions data sources or directly from suppliers; the data is then combined with other information such as environmental risk scores, policies, published targets, or certifications. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations. As products are purchased within an organization, category managers can precisely track the year-to-date carbon emission trajectory for their purchases.