Blue Sky Limited purchases Pledge Corporation, enhancing its comprehensive supply chain system with authenticated carbon emission documentation.
Blue Yender, a global leader in digital supply chain transformation, has announced the acquisition of Pledge Earth Technologies Ltd., a company known for its supply chain sustainability solutions. This move aims to bolster Blue Yonder's capabilities in carbon footprint reduction and supply chain sustainability [1][2][3].
With the acquisition, Blue Yonder's platform will now expand to include globally accredited logistics CO2e emissions reporting. This new capability, integrated into the Blue Yonder Platform, will provide customers with data on the timely and precise emissions impact of their supply chain decisions [2][3].
Pledge Earth's climate tech offers accurate carbon emissions measurement, enabling more informed decisions to minimize environmental impact. By embedding sustainability metrics directly into supply chain and logistics operations, Blue Yonder can now help customers optimize routes, suppliers, and inventory with carbon reduction goals in mind [1][4].
The combined platforms will facilitate improved collaboration with trading partners through shared systems, enhancing visibility over shipments and enabling proactive management of supply chain disruptions with sustainability in focus [4]. The carbon reporting and reduction tools adhere to internationally recognized standards, ensuring credibility and facilitating compliance with regulatory or voluntary carbon reduction commitments [3].
Existing Pledge customers will continue to be supported by Blue Yonder, and the new capability allows Blue Yonder customers to receive emissions reporting that conforms with the Global Logistics Emission Council (GLEC) framework and aligns with International Organization for Standardization (ISO) 14083 [5].
David de Picciotto, CEO and co-founder of Pledge, stated that technology is a powerful tool in combating climate change. He believes that this acquisition will help businesses find ways to reduce costs, improve accountability for logistics service providers' transportation emissions, and target specific inefficiencies for improvement [6].
Blue Yonder's unified, AI-driven platform and multi-tier network aim to empower businesses to operate sustainably, scale profitably, and delight customers. The acquisition will also help businesses comply with global regulations and reporting obligations, including CSRD, SBTi, and CDP [7].
The team at Pledge will join Blue Yonder to support its mission to transform global supply chain management. This acquisition marks a significant step forward in Blue Yonder’s commitment to sustainable supply chains, offering technology that not only streamlines operations but also significantly reduces their carbon footprint across complex, global networks [1][2][4].
For more information about Blue Yonder, visit blueyonder.com.
[1] Blue Yonder [2] Pledge Earth Technologies [3] Global Logistics Emission Council (GLEC) [4] International Organization for Standardization (ISO) 14083 [5] CSRD, SBTi, CDP - various environmental reporting and standards organisations [6] David de Picciotto, CEO and co-founder of Pledge [7] Blue Yonder's mission and platform capabilities.
- Blue Yonder's acquisition of Pledge Earth Technologies aims to strengthen its platform with a new capability for globally accredited logistics CO2e emissions reporting, providing customers with data for assessing the carbon footprint of their supply chain decisions.
- Pledge Earth's technology offers accurate carbon emissions measurement, enabling businesses to make informed decisions that help minimize environmental impact while incorporating sustainability metrics into supply chain and logistics operations.
- The combined platforms will provide improved collaboration with trading partners, enhancing visibility over shipments and enabling proactive management of disruptions in the supply chain, with sustainability as a key focus.
- The carbon reporting and reduction tools adhere to internationally recognized standards such as the Global Logistics Emission Council (GLEC) framework and ISO 14083, ensuring credibility and promoting compliance with regulatory or voluntary commitments.
- The union of Blue Yonder and Pledge Earth Technologies will empower businesses to adopt sustainable practices, comply with global regulations, and streamline operations in a way that substantially reduces their carbon footprint across complex, global networks.
