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    MoCA, AAI Sign MoUs with 21 States, UTs for Next Phase of UDAN

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    Coal India Begins Rare Earth Exploration in Andhra Pradesh Block

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    Haryana Govt Transfers 5 IAS Officers; Mani Ram Sharma Gets Additional Charge of HPGCL MD

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    Banks to Remain Open on Sunday Ahead of Three-Day Strike: What Customers Need to Know

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    WTI Crude Price Today: Oil Falls 2% to ₹8,633 as Strait of Hormuz Reopening Hopes Ease Middle East Supply Fears

    WTI Crude Price Today: Oil Falls 2% to ₹8,633 as Strait of Hormuz Reopening Hopes Ease Middle East Supply Fears

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    Crude Oil Prices Rise After Four-Day Slide as Trump Signals Iran Talks, Saudi Oil Flows Through Hormuz Increase

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    Jamie Dimon Backs N Chandrasekaran Amid Tata Sons-Tata Trusts Rift, Warns Conflict Could Deter Foreign Investment

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    ACI Connetic Adds Swift Ledger Support For Tokenized Payments

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o9 Publishes 2023 ESG Impact Report, Focuses on Decarbonization and Supplier Targets

By: Editorial Desk

by Editorial Desk
September 23, 2024
in Technology
Reading Time: 1 min read
o9 Publishes 2023 ESG Impact Report, Focuses on Decarbonization and Supplier Targets

o9 Publishes 2023 ESG Impact Report, Focuses on Decarbonization and Supplier Targets

Summarize with:

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.

Also Read –
  • Princeton Digital Group expands Indian presence with AI-ready Data Centers in Mumbai & Chennai
Summarize with:
Tags: 2023 ESG Impact ReportCo-founder and CEO Chakri GottemukkaladecarbonizationESGESG Impact Report
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