How Procurement Expert Achilles is Helping to Curb Scope 3
Achilles, a globally acknowledged leader in supply chain risk and performance management, has joined forces with Green Project Technologies, a prominent supply chain carbon accounting solution provider.
This alliance is set to reshape how enterprises handle Scope 3 emissions, shifting from assumption-based methods to data-driven approaches.
By uniting Green Project's sophisticated carbon assessment tools with Achilles' extensive risk management solutions, corporations will have the capability to engage their supply chains in climate-focused strategies, effectively sourcing high-quality primary emissions data essential for decarbonisation efforts.
Sam Stark, CEO and Founder of Green Project, comments: "This collaboration with Achilles represents a pivotal step forward in our mission to democratise carbon accounting and enhance supply chain sustainability.
"By enabling both corporations and their suppliers to seamlessly integrate emissions measurement into their operations, we are not only fostering transparency but also driving real, scalable environmental action."
Leveraging data for procurement transformation
Procurement leaders are now equipped with enhanced tools from Achilles and Green Project, enabling them to make informed decisions in the sustainability domain.
By combining Achilles' supplier sustainability scores with precise carbon data from Green Project, businesses gain comprehensive insights into their suppliers' sustainability metrics, facilitating a transition from passive tracking to active reduction of emissions based on scientific principles.
Suppliers are afforded the opportunity to utilise robust tools for assessing and improving their carbon footprints, thereby enhancing their sustainability ratings and visibility amongst major buyers.
Achieving verified low-carbon operations not only distinguishes these suppliers but also opens avenues to new business prospects.
Paul Stanley, CEO of Achilles, states: "In many industry sectors, supply chains hold the key to real progress on climate.
"This new partnership with Green Project enables our customers to go beyond surface-level data and take meaningful, measurable action, building more resilient, transparent and sustainable supply chains at scale."
Strategic investment
The growth trajectory of Achilles is bolstered by the support from Bridgepoint, a leading global private asset growth investor, which began collaborating with Achilles in 2021.
The agreement leverages Bridgepoint's substantial experience in scaling risk management, certification and consultancy services worldwide, paralleling its previous investments in companies like Element Materials Technology, ERM and HKA.
Moreover, Bridgepoint holds a minority share in Green Project Technologies' parent company, ACT Group, an investment made in 2021, further bridging the two partners with financial and strategic reinforcement to drive their mission in Scope 3 emissions management and supply chain sustainability.
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