Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the sustainability industry. This time, you get to discover five hand-picked sustainable sourcing startups.
Out of 197, the Global Startup Heat Map highlights 5 Top Sustainable Sourcing Startups
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 197 exemplary startups & scaleups we analyzed for this research. Further, it highlights five sustainable sourcing startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups & scaleups in this report. For insights on the other 192 sustainable sourcing solutions, get in touch with us.
Givvable facilitates Supplier Sustainability Tracking
Founding Year: 2020
Location: Sydney, Australia
Use this solution for Ethical Sourcing
Australian startup Givvable develops an AI-based supplier sustainability platform. It stores supplier data such as certifications, accreditations, ratings, and memberships. This enables companies to validate the sustainability claims of their suppliers and make informed procurement decisions. The platform automatically maps supplier data with sustainability frameworks like sustainable development goals (SDGs) or environmental, social, and governance (ESG) to allow users to select a suitable match as per their sustainability targets. It also educates suppliers about the social and environmental impacts of their actions, thus promoting ethical sourcing.
IntegrityNext checks Supplier Sustainability Compliance
Founding Year: 2016
Location: Munich, Germany
Collaborate for Supplier Social Media Monitoring
German startup IntegrityNext provides a cloud-based platform that enables suppliers to assess their compliance with sustainability criteria. It uses AI to scan and analyze supplier social media messages and alerts companies in case of malpractices or reputational threats caused by suppliers. The platform automates supplier monitoring and tracks criteria like environmental protection, human rights, labor rights, health and safety, ethics, and process emissions. This enables companies to ensure supplier compliance with their sustainability standards.
Transparency-One improves Supply Chain Visibility
Founding Year: 2016
Location: Boston, US
Partner for Supplier Compliance Management
US-based startup Transparency-One offers supply chain visibility solutions for the food, apparel, cosmetics, and consumer packaged goods (CPG) industries. The startup tracks suppliers’ facilities and products and ensures compliant sourcing by verifying supplier certifications, documents, and assessments. It also provides real-time analytics of supplier data, key performance indicators (KPIs), and supply chain risks. This allows companies to ensure ethical sourcing of raw materials and sustainable production of finished goods.
FibreTrace facilitates Textile Traceability
Founding Year: 2018
Innovate for Sustainable Fiber Sourcing
Singaporean startup FibreTrace ensures sustainable sourcing of fibers for the textile industry. The startup facilitates the physical and digital traceability of cotton, viscose, and polyester from the raw material stage to the finished products. It embeds luminescent pigments on the fiber as markers that are tracked at every stage of the supply chain. The startup’s device then reads the pigments to improve traceability, powered by blockchain, and enable auditing to ensure authenticity.
Sourcing Playground enables Sustainable Manufacturing
Founding Year: 2017
Location: Wimborne, UK
Reach out for Business-to-Business (B2B) Sustainable Sourcing
UK-based startup Sourcing Playground develops an online platform for brands and retailers to source sustainable manufacturers. It allows buyers to extend their supplier network based on their sourcing requirements through a supplier database, reducing the time spent on finding suppliers. Further, the startup’s software translates supplier certification into user-friendly information, enabling brands to understand where they source from. It also provides in-depth insights and verification of manufacturing companies to ensure the authenticity of suppliers or manufacturers.
Discover more Sustainability Startups
Startups such as the examples highlighted in this report focus on supply chain transparency, ethical sourcing, B2B sustainable sourcing, compliance management as well as advanced analytics and blockchain. While all of these technologies play a major role in advancing sustainability, they only represent the tip of the iceberg. To explore various technologies driving sustainability in more detail, let us look into your areas of interest. For a more general overview, download one of our free Industry Innovation Reports to save your time and improve strategic decision-making.