How do we move towards a sustainable supply chain?

Well, it’s a complex question. But, the first step is for companies to truly understand the environmental impact of their global supply chain operations – and Veratrak is working with Lune to make that possible.

Veratrak is a software company building cutting-edge technological solutions to better connect the healthcare and life sciences industries.

They recently launched The Hub, a supply chain management platform which links systems across pharmaceutical, logistics and contract manufacturing organisations to facilitate collaboration, improve visibility and generate efficiencies across supply chain operations.

And now, that includes environmental impact across the supply chain.

Veratrak has integrated Lune’s API for emissions calculations into The Hub. Now, the carbon emissions of any activity across a company’s supply chain are automatically calculated and made visible within The Hub platform. The emissions calculations are based on industry best practice, compliant with the GLEC framework and ISO 14083.

This means pharmaceutical companies will gain visibility of the carbon emissions across their supply chain using The Hub – making sustainability reporting simple and enabling Veratrak's clients to take action to reduce these emissions.

And, with sustainability reporting regulations heating up and scope 3 emissions within the value chain notoriously difficult to measure and address, this is a huge step forward. 

About Veratrak

Founded in 2018, Veratrak is an award-winning UK-based software company purpose-built for the life science industry and the first industry approved commercial blockchain product. The Hub, supply chain management platform by Veratrak, links systems across pharmaceutical, logistics and contract manufacturing organisations to facilitate collaboration, improve visibility and generate efficiencies across supply chain operations.

For more information visit: www.veratrak.com.

Want to know more?

Have a question about the Veratrak and Lune partnership? Interested in how you could work with us to develop your own sustainability proposition? Get in touch – we’d love to chat.