We are very pleased to announce that The Sustainability Consortium has selected SupplyShift, one of our portfolio companies, as its new partner and reporting platform for The Sustainability Insight System (THESIS) Index, formerly and most widely known as The Sustainability Index. The Sustainability Consortium (TSC) is a global organization dedicated to improving the sustainability of consumer products and has more than 100 members, including Kroger, Walgreens, Walmart, Amazon, M&S, and Sprouts.
SupplyShift ‘s supplier management, responsible sourcing, and supplier engagement platform helps companies capture data – including labor rights data – from all tiers of their supply chain and integrate it with other supplier data in order to inform better and more responsible supplier decisions.
Today’s announcement sends another powerful signal that corporations increasingly understand the importance of technology-based tools as a means to improve supply chain transparency and to drive more sustainable and responsible business practices within their operations.
“We are honored to have been chosen by TSC to be their technology platform,” said Alex Gershenson, CEO and co-founder of SupplyShift. “TSC’s science-based measurement and reporting system delivers proven metrics for retailers and suppliers that enable them to engage across a variety of issues. SupplyShift’s next-generation solution will make it easy to gain transparency at all levels of the supply chain and will help companies focus less on the complexity of data collection and management and more on taking action to improve their supply chain performance.”