Sphera's best-in-class sustainability
performance management software empowers companies like Suntory
Beverage & Food Europe to establish transparent, audit-proof
sustainability data and reporting
CHICAGO and LONDON, Jan. 16,
2024 /PRNewswire/ -- Sphera, a leading global
provider of environmental, social and governance (ESG) performance
and risk management software, data and consulting services, today
announced that its SpheraCloud Corporate Sustainability software
has been selected by Suntory Beverage & Food Europe (SBFE),
producers of iconic soft drink brands Orangina, Lucozade, Schweppes
and Oasis*, to support their sustainability efforts on the journey
to net zero.
SpheraCloud Corporate Sustainability
software selected by Suntory Beverage and Food Europe for its
sustainability efforts
SBFE's Growing for Good value inspires the company to grow their
business sustainably as they work toward being net zero by 2050. A
few key sustainability priorities on that journey include reducing
added sugar in their drinks by 35% by 2025; making their plastic
packaging 100% sustainable by 2030; using 20% less water by 2030;
reducing Scope 1 and 2 emissions by 50% by 2030; and reducing Scope
3 emissions by 30% by 2030.
SpheraCloud Corporate Sustainability software is a
market-leading solution for comprehensive ESG reporting and
advanced performance management. Automated data collection,
powerful reporting tools, advanced planning features and extensive
emission factor libraries enable enterprises to rapidly and
reliably understand the environmental impacts of their business and
meet regulatory requirements. Advanced performance analytics help
companies understand gaps between targets and actual performance,
improve sustainability and reduce operational expenses.
Additionally, SpheraCloud Corporate Sustainability simplifies
reporting for all relevant standards and frameworks (such as CSRD,
GRI, CDP, SASB and TCFD), ESG ratings agencies (such as
MSCI and DJSI) and existing and emerging regulations (such as SEC
and European Commission).
Some key areas in which SpheraCloud Corporate Sustainability
will support SBFE's sustainability efforts are:
- Calculation of Scope 3 emissions — specifically for categories
1 (raw goods), 9 (transportation) and 11 (packaged goods) — in
support of SBFE's Scope 3 emissions reduction target of 30% by
2030, as well as helping to provide more accurate and streamlined
reporting generally, including for integration of supplier
data.
- Visualization of progress against sustainability goals, as well
as simulations of future activity to support decision-making and
investment decisions.
- Building capability and robust reporting frameworks for
non-financial disclosure requirements, and bespoke dashboards to
support colleagues and customers across Europe.
"Sphera helps businesses take measurable, proactive steps in
their sustainability journeys, and we're proud that Suntory
Beverage & Food Europe has entrusted Sphera to help them
achieve ambitious sustainability goals," said Paul Marushka, Sphera's CEO and president.
"SpheraCloud Corporate Sustainability provides insights based on
transparent, actionable and auditable data to help improve
corporate sustainability performance as a foundation for a sound
net-zero strategy. Empowering businesses to make data-based
decisions to set, measure and achieve sustainability and ESG goals
is critical to our mission of creating a safer, more sustainable
and productive world."
"Partnering with Sphera supports our transition to be a more
sustainable business by enabling us to track, monitor and visualize
our sustainability progress," said Michelle
Norman, SBFE director of sustainability and external
affairs. "Suntory Beverage & Food Europe is committed to
Growing for Good, and that means investing in industry-leading
sustainability data management tools and robust ESG disclosure
software to support our future goals, while giving our teams the
capacity to be more efficient and effective."
About Sphera
Sphera is the leading provider of
environmental, social and governance (ESG) performance and risk
management software, data and consulting services focusing on
Environment, Health, Safety & Sustainability (EHS&S),
Operational Risk Management (ORM), Product Stewardship and Supply
Chain Risk Management (SCRM). For more than 30 years, we have
served over 7,000 customers and a million-plus users in 80
countries to help companies keep their people safe, their products
sustainable and their operations productive. Learn more about
Sphera at www.sphera.com. Follow Sphera on LinkedIn.
About Suntory Beverage & Food Europe
Suntory
Beverage & Food Europe (SBFE) was established in 2014 and is
one of five regional divisions of the Japan-based Suntory Group, one of the leading
global drinks companies. We're proud to be part of a family-owned
business with its inspiring 120-year heritage and we are guided by
Shinjiro Torii's founding spirit.
SBFE is made up of 3,300 passionate people working throughout
Europe on hugely iconic brands
including Schweppes*, Orangina, Lucozade, Ribena, La Casera,
Oasis*, Pulco and MayTea with a commitment to producing
great-tasting, healthier drinks. As a corporation sustained by the
gifts of nature and water, Suntory Group and SBFE will always
protect the ecosystems that deliver water. Because its ecosystem is
the wellspring, not only of its business and the rich experiences
the group creates for people's lives, but also of human life
itself. SBFE will continue to be a company where everyone is
empowered with the freedom and flexibility to innovate. Through all
of its corporate pursuits, Suntory seeks to inspire the brilliance
of life. For more information, please visit our website and
LinkedIn.
*Owned and commercialized within SBFE respective territories
For media inquiries, please contact:
Evan Neville
sphera@walkersands.com
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SOURCE Sphera