Also, as consumers drive the sustainability movement with their lifestyle and behavioral changes, companies are becoming more cautious to ensure that their practices are eco-friendlier and address the complex sustainability challenges. They are, therefore, striving to make clean, green, and ethical products to meet the sustainable product labels trend.
TCS Envirozone is a digital solution powered by sustainability data ecosystems to help organizations track and mitigate supplier-sourcing risks to aid procurement decisions for a sustainable supply chain. By helping organizations track key SDG activities to balance over 150 environment, social and governance (ESG) key performance indicators (KPIs), such as baseline water stress, greenhouse gas emissions, child labor, and human right risks, the solution helps bring a sweeping change in the way organizations collect data to assess sustainability performance and mitigate risks from supply chain. It also addresses brand sustainability risks by mitigating operational and upstream risks.
With TCS Envirozone, businesses gain visibility and control of upstream procurement, packaging, manufacturing operations and downstream distributions risks to build a sustainable enterprise.
The United Nations’ Sustainable Development Goals (SDGs) have brought a new dimension to companies’ disclosure and story-telling practices, making them re-think their approaches and contributions to sustainability. There is an emerging need for solutions, partnerships, and ideas to address some of these world’s most pressing environmental challenges.
TCS Envirozone helps businesses in end-to-end carbon emission management by helping them adopt low-carbon or carbon-neutral strategies. Integrated with solutions such as O-zone, net zero and sustainable line-haul, iCloseLoop, and 5R sustainable packing framework, the solution consistently mitigates sourcing risks, generates alerts for supplier data and sustainability impact factor errors, and makes product packaging recyclable.
Enhanced traceability: Increases traceability of product packaging and supplier data to conduct scenario analysis for switching suppliers, raw materials, and geography. Audit traceability on supplier data for evidence submission for supply chain sustainability reporting.
Sustainability performance: Reduces time for sustainability performance disclosure by up to 90-95%—from 10 months to two weeks, and creates perception of a responsible brand.
Reduced ESG risks: Increases visibility on carbon allocation across the value chain to improve supplier sustainability and reduce ESG risks. Assesses carbon footprint of scope 1, 2, and 3, including direct and indirect emissions, raw materials, upstream and downstream logistics and distribution, and fuel and energy.
Improved process time: Brings down costs by leveraging a reliable platform to cut down the process time by 80%.