Acquisition of Pledge Earth Technologies by Blue Yonder, a British company specializing in environmental technology solutions.
Blue Yonder, a leading provider of supply chain solutions, has taken a significant step towards enhancing its sustainability offerings through the acquisition of Pledge Earth Technologies, a UK-based company specializing in emissions measurement and reporting for logistics providers.
This strategic move enables Blue Yonder to automate the collection and exchange of shipment data from logistics suppliers, allowing for accredited, traceable emissions calculations across all transportation modes, including air, truck, rail, barge, and sea.
With Pledge Earth Technologies' capabilities, Blue Yonder can now offer its customers emissions reporting that aligns with recognized standards such as the Global Logistics Emission Council (GLEC) framework and ISO 14083 on greenhouse gases. This integration supports companies in managing and reducing their carbon footprint as part of their supply chain operations, directly embedding sustainability goals into their logistics processes.
The acquisition accelerates Blue Yonder’s sustainability roadmap by one year and strengthens its carbon management capabilities. By incorporating Pledge Earth’s technology, Blue Yonder effectively aligns supply chain planning and execution with environmental, social, and governance (ESG) principles, making sustainability a measurable and actionable objective within supply chain strategies.
The integration of Pledge Earth Technologies' solutions within Blue Yonder's Sustainable Supply Chain Management system offers improved transportation emissions management, retail planning emissions measurement, and transportation emissions optimization. This comprehensive approach reflects a commitment to embed sustainability deeply within supply chain operations and decision-making frameworks.
The rising costs of climate change, such as carbon pricing, could lead to an additional 50% in EBITDA costs for businesses. Given this context, the demand for transparency in sourcing is increasing, with consumers willing to change brand loyalty to shop sustainably. Blue Yonder's new capabilities aim to address these concerns by providing audit-compliant emissions data collection from output intermodal freight and transshipment, even without granular shipment leg information.
The acquisition comes at a time when 80% of Fortune 500 companies are off track to meet net-zero emissions by 2050, and 25% of corporate profits are threatened by climate change risks. Eight key industries account for 50% of these emissions, including food, fashion, construction, and freight. Blue Yonder is confident that supply chain companies play a crucial role in carbon reduction and waste management, and its integration of Pledge Earth Technologies' capabilities underscores this belief.
In 2024, the US spent $955 billion on climate-related impacts, which is slightly over 3% of the country's GDP. Over 100 regulations are currently influencing how customers manage carbon pollution and waste. Blue Yonder's new capabilities position the company to help its customers navigate these complex regulatory landscapes while also driving decarbonization and waste reduction efforts.
In summary, Blue Yonder's integration of Pledge Earth Technologies marks a significant step forward in its commitment to sustainability. By automating and accrediting emissions data collection across transport modes, providing customers with emissions reporting conforming to global standards, accelerating sustainability initiatives and carbon management tools, and positioning supply chains as key drivers for decarbonization and waste reduction, Blue Yonder is poised to help its customers meet their sustainability goals and navigate the challenges of the changing climate landscape.
- Blue Yonder, through the acquisition of Pledge Earth Technologies, is now equipped to automate data collection and exchange from logistics suppliers, enabling accredited, traceable emissions calculations for multiple transportation modes.
- As a result of this acquisition, Blue Yonder can offer customers emissions reporting that adheres to recognized standards such as the GLEC framework and ISO 14083, supporting companies in managing and reducing their carbon footprint in supply chain operations.
- This strategic move accelerates Blue Yonder’s sustainability roadmap by one year, strengthening its carbon management capabilities and aligning supply chain planning and execution with environmental, social, and governance (ESG) principles.
- The integration of Pledge Earth Technologies' solutions within Blue Yonder's Sustainable Supply Chain Management system offers improved transportation emissions management, retail planning emissions measurement, and transportation emissions optimization.
- With the rising costs of climate change, Blue Yonder's new capabilities offer audit-compliant emissions data collection from output intermodal freight and transshipment, even without granular shipment leg information, addressing concerns over transparency in sourcing and consumer brand loyalty.
- As 80% of Fortune 500 companies are off track to meet net-zero emissions by 2050, and 25% of corporate profits are threatened by climate change risks, Blue Yonder is confident that its integration of Pledge Earth Technologies' capabilities will position it as a key player in carbon reduction and waste management within the supply chain industry.
- In a year where the US spent $955 billion on climate-related impacts, accounting for slightly over 3% of the country's GDP, Blue Yonder's new capabilities place the company in a unique position to help customers navigate complex regulatory landscapes, while driving decarbonization and waste reduction efforts.
