JAGGAER Annual ESG Report: Driving Sustainability Through Customer Use Cases
Gracie Gottlieb | 11 July, 2023
Unlocking Best Practices for a Sustainable Future
In today's rapidly evolving business landscape, environmental, social, and corporate governance (ESG) considerations have become a crucial aspect of sustainable business practices. JAGGAER, a global leader in Autonomous Commerce, has released its second Environmental, Social, and Corporate Governance (ESG) Report, highlighting the company's commitment to helping customers make better use of the world's scarce resources and improve their impact on society.
The report showcases a series of customer case studies that illustrate how JAGGAER's source-to-pay technology is enabling best practices in ESG. Through its innovative solutions, JAGGAER is empowering organizations to reduce their greenhouse gas emissions, promote responsible supplier management, ensure compliance with emissions standards, and enhance the governance of their supply chains through greater transparency.
JAGGAER is also committed to advancing ESG best practices within its own organization. The company has taken significant steps to calculate and reduce its greenhouse gas emissions, aligning its efforts with the Paris Agreement 1.5-degree pathway. JAGGAER has submitted its emissions reduction targets and roadmap to the Science Based Target initiative (SBTi) for validation, affirming its dedication to meaningful climate action.
Furthermore, JAGGAER has collaborated with its owners, Cinven, an international private equity firm, to reevaluate its mission, vision, and values, ensuring they align with ESG principles. The company has undergone external scrutiny by reputable agencies and benchmarked its progress against internationally recognized standards. By establishing an ESG Committee within its Board of Directors, JAGGAER has strengthened its ESG governance and set an example for transparency and continuous improvement.
The report highlights the progress JAGGAER has made in various key performance indicators (KPIs). Notably, the company achieved a 10% reduction in overall greenhouse gas emissions in 2022. JAGGAER's commitment to business ethics earned it an EcoVadis Bronze Medal Rating for its global operations, placing it in the top 15% of similar firms worldwide. Additionally, JAGGAER has made significant strides in diversity, with 40% of its global workforce being female and a third of its executive leadership team comprising women.
The ESG report further presents compelling case studies that demonstrate how JAGGAER is enabling customers in the areas of environmental sustainability, social responsibility, and governance:
Environmental Case Study:
A leading global supplier of engineering and technology services, employing over 400,000 associates worldwide, relies on JAGGAER's sourcing, supplier management, and contracts management capabilities. By leveraging JAGGAER's innovative platform, the company can assess its supplier network's CO2 emissions status, ensuring compliance with emissions standards and fostering a sustainable supply chain.
Social Case Study:
A large European energy company needed to evaluate suppliers' corporate social responsibility and demonstrate ESG capabilities during the onboarding process and sourcing events. JAGGAER's Sourcing+ and Savings Management+ modules enabled the company to capture, export, and assess supplier responses in business intelligence and analytics platforms, facilitating responsible supplier selection.
Governance Case Study:
A Spanish energy company committed to transitioning to an entirely renewable generation value chain has partnered with JAGGAER to digitalize 100% of its procurement processes. By utilizing JAGGAER's software, the company aims to enhance its governance practices and ensure the sustainability of its supply chain.
John Cuyulis, Principal at Cinven and a non-executive director on the JAGGAER Board, emphasizes the company's commitment to sustainable business practices. He recognizes that ESG is an ongoing journey and appreciates JAGGAER's progress and determination to achieve more demanding targets in the future.
In conclusion, JAGGAER's second ESG Report showcases the company's dedication to driving sustainability through customer use cases and its own internal practices. By empowering organizations to adopt ESG best practices and providing innovative solutions, JAGGAER is leading the way towards a more sustainable future. With its commitment to transparency, continuous improvement, and meaningful climate action, JAGGAER sets a benchmark for other companies to follow.
To learn more about JAGGAER and its Autonomous Commerce solutions, please visit [www.jaggaer.com](http://www.jaggaer.com).
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