Procurement is expected to set key objectives for Scope 2 and 3 emissions , companies are putting these goals in their contracts with clear metrics for suppliers to follow . Santosh says : “ We work with a leading industrial manufacturer , providing a dashboard showing specific quarterly progress on Scope 3 emissions across all tiers of its global supply chain , supported by thousands of contracts and millions of data point collaborations behind the scenes .”
Shannon expanded on how the technology can be used to provide contract visibility : AI capabilities within CMS can pinpoint ESG-related clauses , ensuring they are actively managed and adhered to , which is crucial for achieving sustainability goals . This comprehensive oversight helps protect organisations from regulatory risks and potential reputational damage , making CMS an indispensable tool in modern corporate governance .”
What does the future hold ? With technology still evolving and the demand to hit ESG targets ever increasing , the role of CMS is expected to continue its rapid evolution .
As in many spheres , AI-driven solutions are expected to be at the
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