Published by Todd Bush on November 10, 2022
New Celonis apps pinpoint process inefficiencies to cut costs, save time, and improve sustainability - at the same time.
NEW YORK and MUNICH, Nov. 10, 2022 /PRNewswire/ -- CELOSPHERE 2022 - Celonis, the global leader in execution management, today announced the launch of two new applications that will help customers address the urgent need to reduce carbon emissions, save time, cut costs and improve sustainability across their supply chain. These applications were developed in collaboration with Celonis partners Climatiq, EcoVadis and IntegrityNext.
>> In Other News: Bloom Energy Taps Arkestro Predictive AI to Optimize Complex Procurement Processes
The joint commitment from Celonis and its ecosystem of sustainability partners is part of the Celonis strategy to empower every company to reduce its carbon impact and execute in a sustainable way through the elimination of process inefficiencies. The Celonis vision is based on embedding sustainability practices into day-to-day process operations for all of its customers and partners.
Celonis' customers have set ambitious sustainability targets - these new solutions are built to enable companies to operationalize their sustainability strategy to achieve those targets. The solutions enable customers with the following capabilities and benefits:
"Sustainability must become part of daily business operations - there is absolutely no time to waste. And all it takes is for every company to look up and realize that every single one of us can make a difference - just by fixing one process at a time," said Alex Rinke, co-founder and co-CEO at Celonis. "Celonis is working with the best technology providers in the sustainability industry to help our customers lighten their carbon impact by simply improving their business processes - it's a win-win of epic proportions."
The Celonis Shipping Emissions Reduction App: This new Celonis app was developed in collaboration with Climatiq, a leading embedded carbon intelligence solution, as well as with Celonis customers - including BSH Home Appliances, Delphi Technologies and the LEGO Group, who provided their own product and market feedback to help shape the development of this shipping emissions reduction app.
This new offer from Celonis integrates the Climatiq Carbon Calculation Engine with the Celonis Execution Management System (EMS), to enable companies to calculate emissions from their shipments in real-time with industry-approved reporting standards. The app automates carbon emissions reporting by leveraging shipment data in an organization's IT system. This enables customers to identify where in their logistics they have the highest carbon-saving potential and pinpoint the exact actions required to remove those emissions. Customers are also provided with a deep understanding of the underlying business processes to help identify the root-causes of emissions hotspots and inefficiencies.
"Decarbonising our business requires simultaneous initiatives, working with sustainable partners, moving to sustainable sources of energy and more", said Arindam Basu, Senior Sustainability Manager at the LEGO Group. "Identifying all inefficiencies in our business execution and how they may lead to carbon emissions as well as calculating where there is further carbon-saving potential is critical for us and the opportunity to partner with companies like Celonis can be an important step in that direction."
"The Celonis EMS has provided us with complete visibility on our inbound logistics carbon emissions for the very first time," said Chris Martin, Head of Process Analytics at Delphi Technologies. "But more importantly, it shows us how we can go beyond just reporting what the figures are and drill down into what we can actually do about it."
"Most carbon accounting solutions require manual upload of business data into third-party tools. Climatiq automates this process and delivers emission metrics into software used in existing day to day operations via APIs. This allows insights to be put into the hands of people who know the business and can take action," said Hessam Lavi, founder and CEO at Climatiq. "That is why our relationship with Celonis and the development of these sustainability apps is so unique"
The Celonis Sustainable Spend Management App: This Celonis app was produced in collaboration with both EcoVadis, a leading sustainability ratings platform and IntegrityNext, a leading cloud based supply chain monitoring and ESG risk management system. The app is available in beta in two different versions, one specifically for EcoVadis and the other one specifically tailored to IntegrityNext.
The version of the app designed for IntegrityNext integrates with its monitoring system enabling companies to track compliance with international sustainability standards and regulations in the supply chain. Malpractice and reputational risks from suppliers are automatically flagged and measures can be directly triggered and documented for improvement. The IntegrityNext platform integrated into the Celonis EMS will help procurement organizations monitor and improve supplier sustainability, increase sustainability transparency and mitigate third-party ESG risks.
The Celonis and Ecovadis technology partnership integrates sustainability scorecards of suppliers into the Celonis EMS, as well as new ratings that may be requested using Celonis automation capabilities. The new app will enable companies to automatically remove spend associated with high-risk suppliers, and prioritize highly-rated suppliers. This provides procurement teams with a single source to view, prioritize and most efficiently manage supplier sustainability.
Celonis reveals and fixes inefficiencies businesses can't see, enabling them to perform at levels they never thought possible. Powered by its market-leading process mining core, the Celonis Execution Management System provides a full set of platform capabilities for business executives and users to eliminate billions in corporate inefficiencies, provide better customer experience and reduce carbon emissions. Celonis has thousands of implementations with global customers and is headquartered in Munich, Germany and New York City, USA with more than 20 offices worldwide.
© 2022 Celonis SE. All rights reserved. Celonis, Execution Management System, EMS and the Celonis "droplet" logo are trademarks or registered trademarks of Celonis SE in Germany and other jurisdictions. All other product and company names are trademarks or registered trademarks of their respective owners.
SOURCE Celonis
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🔋 Plug Closes Loan Guarantee from the U.S. Department of Energy 🗺️ USGS Releases First-ever Map of Potential for Geologic Hydrogen in U.S. 🌎 Constellation to Acquire Calpine; Cre...
Inside This Issue 🌍 Plug Seals Monumental Deal with Allied Green Ammonia for a Mega 3 GW Electrolyzer System 💰 DOE Invests $101 Million to Establish Carbon Capture, Removal, and Conversion Test Ce...
Inside This Issue 💰 $3.1 Billion in Carbon Management Funding: What It Means for the Future 🛳️ Value Maritime-led Onboard Carbon Capture Project Aims to Capture 80% of CO2 Emissions ✈️ Hydrogen Hy...
OMAHA, Neb. -- Green Plains Inc. (NASDAQ:GPRE) today announced that key milestones for the ‘Advantage Nebraska’ carbon strategy have been met, and the project remains on track for operation in the ...
Catona Climate Partners with Tencent to Deliver High-Quality Nature-Based Carbon Removal Solutions
LOS ANGELES, Jan. 17, 2025 /PRNewswire/ — Catona Climate, a climate finance company, has partnered with Tencent, a leading technology and entertainment company, to support Tencent's decarbonization...
VANCOUVER, British Columbia & OMAHA, Neb. — (Business Wire) — Svante Technologies Inc. (Svante), a leading innovator in carbon capture and removal technology, and Tenaska, a prominent CO2 trans...
USGS Releases First-ever Map of Potential for Geologic Hydrogen in U.S.
The first-of-its-kind map highlights areas of interest for this potential future source of energy and chemical supply RESTON, Va. — The U.S. Geological Survey (USGS) today published the first map ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.