target audience: TECH BUYER Publication date: Aug 2024 - Document type: IDC MarketScape - Doc Document number: # US51572824
IDC MarketScape: Worldwide Carbon Accounting and Management Applications for Retail 2024 Vendor Assessment
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Abstract
This IDC study provides a comprehensive analysis of carbon management platforms serving the retail industry, highlighting the increasing need for organizations to track, manage, and report carbon emissions amid evolving regulatory landscapes and stakeholder pressures. It evaluates vendors based on their capabilities and strategies to meet future retailer needs, focusing on innovation, customer satisfaction, and the ability to support retailers in gathering, reporting, and impacting change across not only their own enterprises but their many tiers of supply.
"For retailers looking to gain visibility, data, and insight into carbon emissions in their end-to-end supply chains, tools that can step in to answer this need will be indispensable," said Jordan K. Speer, research director, Retail Insights, Product Sourcing, Fulfillment, and Sustainability Strategies, IDC. "This is a must if retailers are to be able to maintain compliance in an escalating regulatory environment. It's also a smart strategy, as the efforts to measure, report, and impact carbon emissions go hand in hand with lowering waste, becoming more efficient, and building better and more constructive collaborative partnerships with suppliers."