Gedanken announces a platform to assist companies in measuring ESG performance

Specialized in technology for supplier risk management, Gedanken announced a platform to help companies measure ESG performance. The startup’s goal is to tackle what is one of the main sustainability challenges in the market, as more than 90% of carbon emissions from large companies originate in the supply chains, according to the Carbon Disclosure Project (CDP) report.

Emissions, classified as scope 3, include business operations from sources not owned or directly controlled by the organization, such as the supply chain, transportation, use, or disposal of products. Therefore, Gedanken created a unified platform that assesses, measures, and helps the entire supply chain to have more sustainable processes.

With over 200 clients, including names like Ambev, MRV, and Gerdau, Gedanken developed the platform based on a deep understanding of the needs of large companies, with active consultation and collaboration from consultancies, academia, and these same large companies. The result is a unified platform that assesses supplier sustainability through more than 80 specific indicators grouped into four pillars: environmental care, governance, social responsibility, and sustainable procurement impact. Each pillar is based on reference methodologies, constantly improved through Councils with the participation of companies, academic institutions, and partners.

With a turnover of R$ 10 million in 2023, (off the record) the startup expects to double this amount in 2024. Furthermore, it also assists companies in the process of supplier onboarding, risk management, homologation, and due diligence, helping to reduce integration time with new business partners by up to 90% and mitigating risks such as forced labor, child labor, integrity, occupational, and reputational risks. These achievements reflect rapid growth and impact on the market, driven by the investment round conducted in 2021, led by Caravela and Abseed.