{"id":14746,"date":"2023-12-14T23:00:00","date_gmt":"2023-12-14T23:00:00","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=14746"},"modified":"2023-12-14T23:00:00","modified_gmt":"2023-12-14T23:00:00","slug":"zycus-landmark-investment-in-esg-with-lythouse-the-maximum-esg-platform","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/zycus-landmark-investment-in-esg-with-lythouse-the-maximum-esg-platform\/","title":{"rendered":"Zycus\u2019 landmark investment in ESG with Lythouse, the Maximum ESG Platform"},"content":{"rendered":"<p>ROSEMONT, Ill.&#8211;(BUSINESS WIRE)&#8211;Zycus, renowned for its pioneering role in Cognitive Procurement for over two decades, has now made a significant foray into the Environmental, Social, and Governance (ESG) arena with an investment in Lythouse, a groundbreaking initiative promising to transform the landscape of corporate sustainability.<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20231214951747\/en\/1967393\/5\/Lythouse_Logo.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20231214951747\/en\/1967393\/21\/Lythouse_Logo.jpg\"><\/a><br \/><a href=\"https:\/\/mms.businesswire.com\/media\/20231214951747\/en\/1967393\/5\/Lythouse_Logo.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20231214951747\/en\/1967393\/22\/Lythouse_Logo.jpg\"><\/a><\/p>\n<p>\nZycus always had the first mover advantage in AI, and that became a great steppingstone for driving the most accurate carbon emissions, especially Scope 3 with highly granular AI-powered spend classification.<\/p>\n<p>\nAatish Dedhia, Founder &#038; CEO, Zycus, said, \u201cOur unique blend of experience and cutting-edge technology, which has been transforming sourcing, procurement, and supplier value management for years, positions us ideally to guide organizations towards more sustainable supply chains and business practices.\u201d<\/p>\n<p>\n<b>\u201cCommitment to sustainability is not for the half-hearted&#8221;<\/b><\/p>\n<p>\nIt&#8217;s proactive, not reactive, steps that will address sustainability challenges for large enterprises. Increasing investor demand and regulatory pressures are compelling enterprises to comply.<\/p>\n<p>\nThere\u2019s special interest arising from the FMCG, Auto &#038; Transport, IT, Chemical &#038; Pharma, Retail industries, looking to trailblaze what true ESG adoption and action looks like.<\/p>\n<p>\nAnd while we\u2019ve seen ESG starting to be championed by primarily US &#038; European organizations, there is now a global appreciation for the importance of working towards sustainable goals and taking responsibility by taking action.<\/p>\n<p>\nAccurate reporting is vital to avoid regulatory and reputational risks, but it is only a part of the broader vision for sustainability. Lythouse emerges as a solution, offering steadfast support for a \u201cwhole-hearted commitment to sustainability.\u201d<\/p>\n<p>\n<b>Product Launches and Key Takeaways<\/b><\/p>\n<p>\nLythouse-&#8220;Maximum ESG Platform,&#8221; features need-of-the-hour modules such as <b>Carbon Analyzer, ESG Goal Navigator, Green Supplier Network, and ESG Reporting<\/b>. These tools are designed to enable streamlined ESG data collection, improved green supplier engagement, performance tracking, cohesive internal &#038; external collaboration for building a sustainability culture.<\/p>\n<p>\nLythouse can integrate natively with Zycus and cohesively connect with any third-party business app such as ERPs, Finance systems, S2P platforms, HRMS, spreadsheet etc. to boost agility, accuracy and automation.<\/p>\n<p>\n<b>A Call to ACTion<\/b><\/p>\n<p>\nLythouse empowers Chief Sustainability Officers to ensure that their organization can ACT \u2013 Account, Comply, and Transform their ESG initiatives.<\/p>\n<p>\n<b>Illuminate your ESG journey with Lythouse<\/b><\/p>\n<p>\nVisit the <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=http%3A%2F%2Fwww.lythouse.com&#038;esheet=53869724&#038;newsitemid=20231214951747&#038;lan=en-US&#038;anchor=Lythouse+website&#038;index=1&#038;md5=a5d7974917eaed9bd7bae105e274c34a\" rel=\"nofollow noopener\" shape=\"rect\">Lythouse website<\/a> to learn more about how our products can transform your organization&#8217;s approach to ESG.<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nSonal Sharma<br \/>\n<br \/><a target=\"_blank\" href=\"mailto:info@lythouse.com\" rel=\"nofollow noopener\" shape=\"rect\">info@lythouse.com<\/a><\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-14746\" data-postid=\"14746\" class=\"themify_builder_content themify_builder_content-14746 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>ROSEMONT, Ill.&#8211;(BUSINESS WIRE)&#8211;Zycus, renowned for its pioneering role in Cognitive Procurement for over two decades, has now made a significant foray into the Environmental, Social, and Governance (ESG) arena with an investment in Lythouse, a groundbreaking initiative promising to transform the landscape of corporate sustainability. Zycus always had the first mover advantage in AI, and [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":14747,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[72],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Zycus\u2019 landmark investment in ESG with Lythouse, the Maximum ESG Platform - ESG Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esgtoday.com\/zycus-landmark-investment-in-esg-with-lythouse-the-maximum-esg-platform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zycus\u2019 landmark investment in ESG with Lythouse, the Maximum ESG Platform - ESG Today\" \/>\n<meta property=\"og:description\" content=\"ROSEMONT, Ill.&#8211;(BUSINESS WIRE)&#8211;Zycus, renowned for its pioneering role in Cognitive Procurement for over two decades, has now made a significant foray into the Environmental, Social, and Governance (ESG) arena with an investment in Lythouse, a groundbreaking initiative promising to transform the landscape of corporate sustainability. 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