Streamlining Scope 3 Category 1 and 2 Goods Categorization with AI

Overview

Optimizing Sustainability Data Management with AI-Powered Goods Categorization

Hydrus’ innovative AI-powered solution revolutionized the process of categorizing Scope 3 Category 1 and 2 goods for a global organization with a vast supply chain. With approximately 200,000 purchased goods sourced from diverse suppliers across various industries, manual categorization would have been a time-consuming and costly endeavor. However, by harnessing the power of AI, this intricate task was completed within a maximum of 10 hours, enabling the organization to greatly enhance efficiency, accuracy, and cost-effectiveness in their sustainability data management.

90% Time Savings

AI-driven categorization reduced the time required to categorize 87,000 records from several weeks to a mere 1.5 hours, marking an exceptional 90% reduction in time expenditure.

70% Cost Reduction

The automation of this process resulted in a remarkable 70% reduction in the costs associated with manual categorization.

Higher Data Reliability

By employing AI, the organization achieved a significantly higher accuracy rate in goods categorization, ensuring the reliability and compliance of their sustainability data with reporting standards.

Results

Delivering Exceptional Outcomes: Unlocking Efficiency, Cost Savings, and Precision

Hydrus’ AI-powered goods categorization solution delivered substantial benefits for our client. The results speak volumes: a remarkable 90% reduction in time spent, which translated manual weeks of work into a mere 1.5 hours. This efficiency also yielded a significant 70% cost reduction, making sustainability data management more budget-friendly.

Moreover, the accuracy of the categorization process was markedly improved, ensuring higher data reliability and compliance with reporting standards. These results underscore how our AI-driven approach transforms sustainability data management, making it more time-efficient, cost-effective, and precise.

ESG Standards We Support

Hydrus.ai supports leading ESG standards like CDSB, TCFD, SASB, GRI, and more, empowering organizations to drive positive change with globally recognized sustainability data.

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