February 1, 2023 —Manufacturing enterprises will more easily be able to progress toward achieving Net Zero and reaching their ESG (environmental, social, governance) goals, thanks to a new strategic collaboration between Wolters Kluwer Enablon and Makersite. The two industry leaders will help organizations manage Net Zero ambitions through decarbonizing supply chains. This involves data collection, modelling, reporting, planning, forecasting, and operational execution across all three Scopes of greenhouse gas (GHG) emissions.
“The ability to provide auditable and actionable insights for Scope 3 GHG emissions has been the missing piece in Net Zero ambitions,” said Laurent Dechaux, Senior Vice President & Managing Director, Wolters Kluwer Enablon. “Working with Makersite makes it easier to track these insights related to upstream and downstream activity from within an organization’s supply chain. When paired with our existing Scope 1 and Scope 2 capabilities, we can provide a more complete view of GHG emissions throughout the supply chain."
Enablon is the world’s leading provider of integrated software solutions for risk and compliance, engineering and operations, ESG, and sustainability. Makersite, a Germany-based startup, is a world leader in bringing sustainability and cost insights into the early-stage design process of product manufacturing. The two companies will work to provide consistent and consolidated reporting for clients to reach the shared goal of achieving Net Zero.
Driving decarbonization, decreasing costs
With Enablon’s strong Net Zero Program Management and Net Zero Implementation capabilities and Makersite’s cloud-based Product Lifecycle Intelligence solution, large companies can drive decarbonization of their operations and supply chains while also decreasing operational, material, and energy costs.
Makersite’s cloud-based AI solution combines data from the Enablon Vision Platform – now live with Version 9.4 – with more than 140 data sources, and then automatically generates digital twins of every product and process used by an organization and its value chain. These digital twins provide granular insights across more than 40 criteria, including GHG emissions, supply risk, costs, health & safety, and regulatory compliance.
“Decarbonization has become the single biggest driver of innovation and disruption in the market. Capital deployment, regulations and competition are the key drivers for adoption, and the only thing that’s holding things back is a scalable way to measure and capitalize on opportunities to decarbonize,” said Neil D’Souza, Founder and CEO, Makersite. “Collaborating with Wolters Kluwer Enablon will help take Makersite’s breakthrough technology to a massive base of customers, and the joint proposition will accelerate progress towards a low-carbon future for our customers.”
The award-winning Enablon Vision Platform brings together EHS, risk, and operations in a single user interface. This linkage provides greater transparency in the workplace, breaking down silos and allowing for operations and risk personnel to have greater insight and visibility into key business functions. Hundreds of industry-leading enterprises and millions of users worldwide rely on Enablon’s solutions to reduce environmental impact, minimize risks, increase worker safety, prevent incidents from happening, and achieve regulatory compliance.
Wolters Kluwer Wolters Kluwer provides customers worldwide with risk management, compliance, finance and audit solutions that help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions. More than 14,000 financial services organizations look to us to help address compliance and operational risk management issues in the following areas: consumer, commercial, mortgage, and indirect lending, privacy, new accounts opening and disclosures, regulatory reporting, customer identification, anti-money laundering and fraud prevention, individual retirement accounts and health savings accounts, securities compliance & insurance compliance. Wolters Kluwer’s Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer, providing banking professionals with solutions to ensure compliance with ever-changing regulatory obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance. Wolters Kluwer hosts the annual CRA & Fair Lending Colloquium. This conference is sponsored by the American Bankers Association and ABA members receive a 10% discount on the conference registration fee. Details can be found at www.cracolloquium.com. Our prominent brands include: Capital Changes, CASH Suite™, ComplianceOne, Expere®, GainsKeeper®, OneSumX®, TeamMate®, Uniform Forms™, Vanceo™ and Wiz®. Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2018 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries, and employs 19,000 people worldwide.