Sustainability software provider IntegrityNext announced the launch of two new solutions, Multi-Tier Supply Chain Visibility and EUDR Compliance, aimed at enabling companies to address complex supply chain sustainability challenges and regulatory compliance requirements.
Launched in 2016, Munich-based IntegrityNext provides a software platform aimed at enabling companies to build more transparent and sustainable supply chains, and helping businesses to collaborate with suppliers to improve supply chain sustainability, across a wide range of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. topics.
According to the company, its new Multi-Tier Supply Chain Visibility solution utilizes AI-driven insights and a large-scale sustainability dataset to provide transparency across the supply chain at tiers all the way down to the raw material level, in order to proactively mitigate risks, optimize procurement, and stay compliant with global regulations, as well as to simplify reporting and due diligence processes. Key features include automatic mapping of suppliers, materials and processes that feed into products, with highlighting of critical nodes and sustainability risks.
EUDR Compliance is designed to enable users to meet the requirements of the EU’s new Regulation on Deforestation Free Products (EUDR), which is aimed at effectively banning deforestation-linked projects on the EU market, and establishes strong compliance requirements for companies providing or utilizing key commodities and products such as palm oil, beef, timber, coffee, cocoa, rubber and soy, in addition to some of their derived products, including leather, chocolate, tires, or furniture. Key features of the new solution include automated collection and verification of supplier data, AI-driven risk assessments based on geolocation and product origin, deforestation trend analysis, and reporting capabilities, as well as upstream integration into existing ERP and SCM systems, according to IntegrityNext.
The company said that upcoming enhancements will include solutions to combat forced labor and AI-based tools for CO2 measurement, supporting companies in compliance with regulations such as the Corporate Sustainability Due Diligence Directive (CSDDD) and the Carbon Border Adjustment Mechanism (CBAM), in addition to future regulations.
Simon Jaehnig, Chief Revenue Officer (CRO) and co-founder of IntegrityNext, said:
“Our latest solutions prove that even the most complex supply chains and strict regulations can be efficiently managed with the right tools. Traditional methods of managing supply chain data are being challenged, but with AI, companies can achieve a level of transparency previously thought impossible.”