Bengaluru: Enterprise AI platform provider o9 has released its 2023 ESG Impact Report, detailing its environmental, social, and governance (ESG) efforts. The company reported progress in key areas, including decarbonization and supplier engagement.
In 2023, o9 revised its carbon footprint data, noting an 11.41% increase in renewable energy usage. Renewable sources accounted for 30.98% of the company’s total energy consumption. The company also expanded efforts to reduce emissions in its supply chain, aiming to ensure that by 2028, 90% of its suppliers have set science-based targets.
Additionally, o9 has tied executive pay to ESG performance and earned an EcoVadis Gold Medal, placing it in the top five percent of organizations evaluated for sustainability. o9’s report was verified by a third party to ensure transparency, covering its entire carbon footprint for both 2022 and 2023. The company aims to reach net-zero emissions by 2040.
Co-founder and CEO Chakri Gottemukkala emphasized the need for accountability and transparency in setting science-based targets, while President Igor Rikalo highlighted the integration of sustainability into the company’s broader business strategy.
Discussion about this post