- ABOUT IMC
- IoT LIBRARY
Exiger partners Muir AI on supply chain emissions
- December 5, 2023
- William Payne
Supply chain platform Exiger is partnering climate tech firm Muir AI specialising on reducing emissions within supply chains. The new partnership aims to accelerate reduction of emissions within the supply chain by tackling the most complex part of corporations’ carbon footprints.
A new offering from Exiger and Muir AI is designed to equip stakeholders across procurement, sourcing, sustainability and the C-suite with the automation and insight necessary to choose the right suppliers.
Exiger has built the largest risk data network in the world. When combined with this data network and Exiger’s supply chain mapping technology, AI and proprietary data, Muir’s emissions data will enhance Exiger’s environmental risk offering, enabling corporations to make business decisions faster to achieve net zero commitments with accuracy and confidence.
Obscured supply chains and a dependency on supplier self-reporting are roadblocks to companies reducing emissions within the supply chains. This has pushed many organizations towards ineffective spend-based carbon accounting methods, hampering their ability to effectively evaluate and manage their emissions.
The new offering from Exiger and Muir AI is designed to equip stakeholders across procurement, sourcing, sustainability and the C-suite with the automation and insight necessary to choose the right suppliers.
“With over 80% of carbon emissions coming from the value chains organizations are connected to – rather than the organizations themselves — a company’s ability to reduce carbon emissions is entirely dependent on their ability to gain transparency into multi-tier supply chains,” said Erika Peters, Exiger’s ESG lead and SVP, Head of Innovation and Operations. “This partnership further expands our environmental risk scoring and Scope 3 capabilities ahead of the 2027 deadline, not only providing granular carbon emissions data across products, suppliers and geographies, but also streamlining the data collection process, automating and documenting how emissions are calculated, and surfacing real-time insights into the strategies that will drive the greatest impact.”
“We fundamentally believe that every company must consider emissions as part of its suppliers’ risk profiles. By partnering with Exiger, we can leverage the data provided within 1Exiger to deploy our analytics, without requiring any additional customer data. This is a huge step forward in terms of scaled sustainability, and it allows us to meet a customer wherever they are on their journey,” said Muir CEO Harris Chalat. “We want to make supply chain emissions data more accessible, impactful and truthful; our partnership with Exiger allows us to do just that.”