Breakthrough Business Intelligence to Decarbonize Supply Chains

Core Insights - Scope23 is a newly launched technology company aimed at providing accurate measurement and management of carbon emissions for shippers and transportation service providers [1] - The company focuses on creating an action platform that utilizes actual shipment-level data and AI to support companies in achieving decarbonization goals [2] Company Overview - Scope23 was founded by veterans from the transportation industry and is based in Chicago [1][5] - The company has received initial funding from Schneider National, Inc. and Pilot Company [3] Product Offering - Scope23's flagship product, GreenSight, captures detailed data points related to shipping, such as origins, destinations, and fueling options, and provides actionable recommendations [3][4] - The platform aims to operationalize carbon accounting into existing transportation and purchasing procedures, enhancing visibility and decision-making for shippers and carriers [3][5] Market Context - A survey by Boston Consulting Group indicates that 87% of leaders see AI as a valuable tool for combating climate change, with the potential to mitigate 5-10% of global GHG emissions by 2030 [3] - The market for sustainability tools in transportation is rapidly evolving, with increasing commitments from shippers and carriers to reduce carbon emissions [5] Strategic Partnerships - Scope23 has secured commitments from the majority of PepsiCo's third-party transportation fleet partners to provide comprehensive shipment-level data, enhancing its dataset [4] - The collaboration with PepsiCo aims to integrate Scope23's solutions across various teams to meet sustainability goals [3][4]