November 21,2024

IntegrityNext Recognized as a Leader in the 2024 Green Quadrant for Supply Chain Sustainability Software, Ranking Highest on the Capabilities Axis

Source By:  BUSINESS WIRE
 November 12,2024

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IntegrityNext Recognized as a Leader in the 2024 Green Quadrant for Supply Chain Sustainability Software, Ranking Highest on the Capabilities Axis

Christine Williamson
617-275-6528
Integritynext@greenoughagency.com

IntegrityNext, a leading provider of supply chain sustainability solutions, today announced that it has been named a Leader in the inaugural Verdantix Green Quadrant: Supply Chain Sustainability Software Report. IntegrityNext was evaluated and placed in the Leaders' Quadrant, positioned highest on the Capabilities axis. This marks a significant milestone in the company’s journey to empower organizations with cutting-edge solutions to meet evolving sustainability and regulatory demands across global supply chains.

The market for supply chain sustainability software is growing

The report emphasizes the rapid market growth for supply chain sustainability software and ESG traceability in the last two years. Verdantix forecasts the market to grow from $1.7 billion in 2023 to over $7.7 billion by 2029. This growth spurt is partly due to increasing customer demand. On the other hand, regulatory requirements such as the EU Deforestation Regulation (EUDR) or the Corporate Sustainability Reporting Directive (CSRD) are making software solutions a necessity for companies. ESG issues are also more highly prioritized by customers, employees, and investors than they were a few years ago. This increases the pressure on companies to take action and provide transparent reporting to reduce the risk of legal consequences and reputational damage.

"Corporations cannot meet their ESG and sustainability goals without untangling the intricacies of their supply chains. Ongoing scrutiny—from regulators, investors, and customers—and higher exposure to environmental and geopolitical risks, has highlighted the need for sustainability, procurement, risk, and operations teams to improve transparency and embed ESG considerations into supply chain decision-making,” explains Elisa Molero, Industry Analyst at Verdantix. “Supply chain sustainability software empowers corporates to address sustainability data challenges in the supply chain, identify exposure to risks, and ensure collaboration with suppliers.”

Sustainability needs innovative solutions

IntegrityNext’s position as the highest-ranked platform on the Capabilities axis of the Verdantix Green Quadrant is a testament to its continuous innovation and comprehensive approach to supply chain sustainability. This year alone, IntegrityNext introduced five new solutions for the European Union Deforestation Regulation (EUDR), the Carbon Border Adjustment Mechanism (CBAM), the Corporate Sustainability Reporting Directive (CSRD), Carbon Emissions tracking, and multi-tier supply chain visibility. These new capabilities, combined with IntegrityNext’s existing tools, provide businesses with a unified solution to address all supply chain sustainability challenges—from ensuring regulatory compliance to managing supplier risk and driving meaningful sustainability impact.

With advanced features for sustainability assessments, risk management, supplier collaboration, and reporting, IntegrityNext enables organizations to manage sustainability and compliance efficiently and proactively across all tiers of their supply chains.

"These are times of rapid change—rising regulations, ambitious climate goals, and economic uncertainty. In this environment, cutting-edge technology is crucial to staying ahead and building resilience,” said Martin Berr-Sorokin, CEO and Co-Founder of IntegrityNext. “Being named a Leader in the Verdantix Green Quadrant reinforces our commitment to providing companies with the tools they need to drive impact, compliance, and value with efficiency. We are proud of this recognition and, alongside our customers and partners, will continue to push boundaries, innovate, and drive sustainability to its full potential."

The full report can be downloaded here.

About Verdantix

Verdantix is the essential thought-leader for world-enhancing innovation. We support change-makers with our proprietary data, unique expertise and executive networks. Our impactful analysis is delivered via a digital platform, consulting engagements and in-person events to thousands of decision-makers in more than 100 countries. From offices in London, New York and Boston, the Verdantix research team applies the principles of rigor, accuracy and curiosity to help our globally distributed clients solve their most complex challenges.

About IntegrityNext

IntegrityNext is a leading provider of scalable, AI-powered supply chain sustainability solutions. Founded in 2016, the company delivers innovative technology and deep expertise that enables businesses to address critical challenges like due diligence, decarbonization, deforestation, multi-tier transparency, and sustainability reporting, while enabling its over 500 global customers to transform their global supply chains and drive environmental and social impact. IntegrityNext is based in Munich, Germany with offices in New York City and Lisbon. For more information, visit: https://integritynext.com


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