By Sphera’s Editorial Team | June 15, 2023

Accolade recognizes leading global ESG firm’s commitment to empowering businesses to identify and manage supply chain risks in real time and at scale  

CHICAGO, IL (June 15, 2023) – Sphera®, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, today announced that Sphera Supply Chain Risk Management (SCRM) has been named Risk Management Solution of the Year in the 2023 SupplyTech Breakthrough Awards.  

The awards recognize the world’s best companies, products and services in the supply chain technology and logistics industry. Sphera’s software as a service (SaaS) solution empowers businesses to proactively monitor, identify, assess and mitigate all types of risk. Harnessing artificial intelligence (AI), big data and machine learning (ML), the cloud-based modular platform provides insights and promotes collaboration for building resilient supply chain networks.  

Supply chains have become increasingly complex, and in a world of global supply disruption and turbulence brought on by events such as the COVID-19 pandemic and the war in Ukraine, businesses need a real-time SCRM solution that enables them to proactively manage potential supply chain risks and comply with emerging operational and ESG regulations. Sphera SCRM monitors popular media, government and other premium information sources in real-time and leverages AI/ML technology to find the relevant and actionable risks at scale. Moreover, it ensures regulatory compliance and helps achieve ESG and sustainability goals along multiple tiers of the supply chain to improve transparency. 

“We are honored to be recognized by SupplyTech Breakthrough as a leader for supply chain risk management,” said Paul Marushka, Sphera’s CEO and president. “In a time when there has been tremendous disruption along the supply chain, a company’s ability to proactively manage supply chain risk and mitigate it before it even occurs is of utmost importance. As a global business, we strive to support companies in their ESG journeys and manage against emerging disruptions and compliance requirements. Empowering organizations to be risk aware, manage supply chain risk in real time and achieve their ESG goals is crucial to our mission of creating a safer, more sustainable and productive world.” 

### 

About Sphera 

Sphera is the leading provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services focusing on Environment, Health, Safety & Sustainability (EHS&S), Operational Risk Management (ORM), Product Stewardship and Supply Chain Risk Management (SCRM). For more than 30 years, we have served over 7,000 customers and a million-plus users in 80 countries to help companies keep their people safe, their products sustainable and their operations productive. Learn more about Sphera at www.sphera.com. Follow Sphera on LinkedIn. 

For media inquiries, please contact:
Denise Jones, Marketing Communications Manager, Sphera, djones@sphera.com