Acquisition of Pledge Earth Technologies by Blue Yonder, a UK-Based Company Specializing in Environmental Solutions
Blue Yonder, a leading provider of supply chain solutions, has announced the acquisition of Pledge Earth Technologies, a move that significantly enhances its Sustainable Supply Chain Management system. This strategic move integrates advanced carbon emissions measurement and reporting capabilities directly into Blue Yonder's platform, accelerating its sustainability roadmap by one year [1].
Key enhancements include the automated collection and exchange of shipment data from logistics suppliers, covering multiple transportation modes such as air, inland (truck, rail, barge), and sea. This automation streamlines emissions tracking and reporting processes across the entire supply chain [1].
The integration also enables customers to receive emissions reports that conform with internationally recognised standards, notably the Global Logistics Emission Council (GLEC) framework and ISO 14083 for greenhouse gas accounting. This ensures transparent and credible carbon footprint data across all logistics activities [1].
By embedding Pledge’s technology, Blue Yonder empowers supply teams and logistics providers with tools to manage and reduce carbon emissions systematically as part of their wider supply chain operations. This integration furthers Blue Yonder’s position as a leader in sustainable logistics [1][3].
The acquisition is expected to set a benchmark, encouraging other companies to adopt similar carbon transparency practices. Providing visibility into emissions helps customers comply with evolving regulations and enhances their sustainability credentials in a competitive market [3].
With the acquisition of Pledge, Blue Yonder's Sustainable Supply Chain Management now fully integrates Pledge's capabilities and provides additional tools for its customers. Improved transportation emissions management, retail planning emissions measurement, and manufacturing planning emissions measurement are now available through Blue Yonder's platform [1][2].
The rising costs of climate change, such as carbon pricing, could lead to an additional 50% in EBITDA costs. However, with Blue Yonder's comprehensive, automated, and accredited carbon emissions management system, businesses can implement effective carbon reduction strategies and meet their corporate sustainability goals in logistics and supply chain management [1][3][2].
Blue Yonder believes that supply chain companies play a crucial role in carbon reduction and waste management. With the acquisition of Pledge Earth Technologies, Blue Yonder is taking a significant step towards helping its customers navigate the complex landscape of climate-related regulations and consumer demand for improved environmental management [1][3][2].
Sources: [1] Blue Yonder. (2022). Blue Yonder Acquires Pledge Earth Technologies to Accelerate Sustainability Roadmap. Retrieved from https://www.blueyonder.com/news/blue-yonder-acquires-pledge-earth-technologies-to-accelerate-sustainability-roadmap [2] Supply Chain Digital. (2022). Blue Yonder acquires Pledge Earth Technologies to boost sustainability offerings. Retrieved from https://www.supplychaindigital.com/logistics/news/blue-yonder-acquires-pledge-earth-technologies-to-boost-sustainability-offerings [3] Forbes. (2022). Blue Yonder Acquires Pledge Earth Technologies To Boost Sustainability Offerings. Retrieved from https://www.forbes.com/sites/forbesbusinesscouncil/2022/07/22/blue-yonder-acquires-pledge-earth-technologies-to-boost-sustainability-offerings/?sh=67195e06313e
- The acquisition of Pledge Earth Technologies by Blue Yonder significantly enhances the company's Sustainable Supply Chain Management system, integrating advanced carbon emissions measurement and reporting capabilities directly into their platform.
- With the integration of Pledge's technology, Blue Yonder empowers supply teams and logistics providers with tools to manage and reduce carbon emissions systematically as part of their wider supply chain operations.
- The integration also enables customers to receive emissions reports that conform with internationally recognized standards, ensuring transparent and credible carbon footprint data across all logistics activities.
- By adopting similar carbon transparency practices as Blue Yonder, other companies could set a benchmark, helping them comply with evolving regulations and enhance their sustainability credentials in a competitive industry.
