Optera
Optera is a company specializing in supply chain emissions tracking and ESG reporting, managing over $187 billion in supply chain spend and monitoring 225 million metric tonnes of CO2e across 84,000 sites.
Company Overview
Optera tracks over $187 billion in supply chain spend and monitors over 225 million metric tonnes of CO2e across more than 84,000 customer sites. With over 20 years of experience working with leading companies and NGOs, Optera offers a comprehensive platform to measure, report, and decarbonize emissions, especially scope 1, 2, and 3. Founded in 2006 as a boutique corporate sustainability consulting firm called Point380, Optera transformed into a software company around the signing of the Paris Agreement in 2016.
Emissions Data and Management Tools
Optera provides a database with emissions data from over 10,000 companies and offers bulk data ingestion to consolidate scope 1, 2, and 3 emissions data. Their tools, including the Supply Chain Manager and a comprehensive carbon accounting dashboard, enable effective supply chain management and engagement. The company also launched a new software module called Outreach to gather supplier emissions data at all levels of maturity.
Industry Partnerships
Optera developed the Direct-Use Product Emissions Database in partnership with the Retail Industry Leaders Association. This database provides emissions data for over 180 product types and features a data quality index (DQI) to log the reliability of each data point. Companies such as Cisco, HPE, Lowes, NVIDIA, TJX, and Williams Sonoma have adopted Optera's software since its launch in 2018.
ESG Reporting and Decarbonization
Optera supports ESG reporting and disclosure aligned with third-party protocols like CDP, GRI, GRESB, and TCFD. They help companies set decarbonization targets and roadmaps in line with climate science. Expert support from sustainability professionals is available to turn emissions data into actionable insights, ensuring organizations can efficiently manage and reduce their carbon footprint.
Data Security Certifications
Optera completed a SOC 2 Type 1 audit for its data security practices and renewed its ISO 27001:2013 certification for its Information Security Management System in October 2023. These certifications highlight Optera's commitment to maintaining strong data security measures and protecting customer data.