Today, CO2 AI by BCG and CDP have announced their strategic partnership to co-develop a platform that enables companies to collaborate on— and accelerate—their emissions optimization journeys by sharing product-level sustainability data in a secure, auditable, and action-oriented manner. The platform’s key benefits include the enablement of transparency at scale and accurate measurement of scope 3 emissions (external emissions that occur in the value chain of the reporting company).
The platform will support organizations in measuring and sharing their primary sustainability data more comprehensively by allowing all members of their ecosystems to exchange data in an easy and transparent way. The platform will be enabled by best-in-class technology to ensure a secure and high-quality data exchange, including the use of artificial intelligence (AI).
CDP’s Supply Chain program is currently the go-to reference for sustainability data at the company level. The partnership will complement and expand on CDP’s existing work on scope 3 data disclosure and expand its product-level data with access to important technological and infrastructure capabilities.
For BCG, the partnership represents the next step in the development of CO2 AI by BCG, an end-to-end AI-powered solution that organizations from all industries can deploy to quantify current emissions and find ways to reduce them at scale.
“We are truly excited and proud to partner with CDP – the gold standard of environmental reporting. This platform will provide a critical unlock in the fight against climate change. Together, we will help organizations around the world take targeted action to decarbonize value chains,” said Christoph Schweizer, BCG’s CEO.
