o9, an Enterprise AI platform provider based in Bengaluru, recently unveiled its 2023 ESG Impact Report, shedding light on the company’s environmental, social, and governance initiatives. The report highlighted o9’s progress in critical areas such as decarbonization and engagement with suppliers.
One of the notable achievements in 2023 was o9’s update on its carbon footprint data, revealing an 11.41% surge in the use of renewable energy. Renewable sources now make up 30.98% of the company’s total energy consumption. Furthermore, o9 has intensified its efforts to slash emissions within its supply chain, with the goal of having 90% of its suppliers establish science-based targets by 2028.
In a bid to reinforce its commitment to ESG, o9 has linked executive compensation to the company’s performance in this realm. The company’s dedication to sustainability was further validated by receiving an EcoVadis Gold Medal, positioning it within the top five percent of organizations assessed for their sustainable practices. To ensure transparency, a third party verified o9’s report, which comprehensively covers the company’s carbon footprint for both 2022 and 2023. Looking ahead, o9 is striving to achieve net-zero emissions by 2040.
Chakri Gottemukkala, the co-founder and CEO of o9, underscored the importance of accountability and transparency in establishing science-based targets. On the other hand, President Igor Rikalo highlighted how sustainability has been seamlessly integrated into the broader business strategy of the company.
In addition to these efforts, o9’s expansion into Indian markets with AI-ready Data Centers in Mumbai and Chennai demonstrates its commitment to technological innovation and sustainability. These data centers are not only equipped to meet the growing demand for AI solutions but also designed to operate efficiently and sustainably.
By prioritizing ESG initiatives, o9 is not only aligning itself with global sustainability goals but also setting a precedent for other organizations to follow suit. As businesses worldwide grapple with the urgency of addressing climate change and social responsibility, o9’s proactive approach serves as a beacon of inspiration for the industry at large.