Innovation

Viiision Joins Forces with Impakt IQ, Unveiling a Groundbreaking Sustainable Impact Management System

BOISE, Idaho, March 7, 2024 /PRNewswire/ -- In a significant development for market transparency, Viiision, a prominent transparency provider, is delighted to announce a new partnership with Impakt IQ, a leading entity in sustainability intelligence. This alliance heralds a transformative shift in data accessibility by launching a pioneering software tool dubbed the Sustainable Impact Management (SIM) system. This innovative system integrates information from essential business platforms, including ERP (Enterprise Resource Planning), CRM (Customer Relationship Management), and financial systems to promote compliance with Scope 1 and 2 of the greenhouse gas inventory protocol and adherence to International Financial Reporting Standards (IFRS).

Viiision’s acumen in cataloging supply chain activities combined with the trailblazing solutions presented by Impakt IQ simplifies the complex task of compliance, significantly reduces associated risks, and ensures alignment with stringent expectations from stakeholders. This is particularly pivotal in light of the new stipulations introduced by the Securities and Exchange Commission (SEC) this week. Securing these foundational components is vital for engaging with principal aspects of modern commerce, which include access to finance, customers, and consumer bases.

Amanda Martinez, CEO of Viiision, remarked, "This partnership is a game-changer for businesses striving for in-depth supply chain information and seamless compliance. In collaboration with Impakt IQ, we are transcending mere compliance. We are turning what are often seen as compliance burdens into avenues for financial prosperity. Our mission is to help businesses narrate their sustainability journey and then to ascertain the veracity of that narration."

By joining forces, the two companies enable businesses to make insightful decisions, fine-tune their procedures, and bolster their environmental and social impacts. The commitment from both Viiision and Impakt IQ to foster positive shifts is unwavering, providing transformational approaches that merge corporate accountability with fiscal prosperity.

About Viiision

Viiision stands at the forefront of innovating supply chain transparency, offering comprehensive, permissioned access facilitated through cutting-edge AI-driven blockchain technology. With a strong focus on excellence and ground-breaking technology, Viiision is recapitulating the supply chain management landscape's future.

For Viiision media inquiries, please contact the following email: [email protected]

About Impakt IQ

Leading the charge in sustainability intelligence, Impakt IQ provides advanced solutions that embark businesses on a journey towards environmental and social accountability. Impakt IQ embodies a dedication to profound transformative impact, positioning itself as an agent of sustainable evolution within the corporate sphere.

For Impakt IQ media inquiries, reach out via email: [email protected]

The collaboration between Viiision and Impakt IQ is anticipated to have resounding effects on the way companies approach and implement sustainable practices within their operations. As corporations face increasing pressure from a variety of stakeholders, including investors, consumers, and regulatory agencies, the need for transparent and accountable reporting on sustainability metrics has never been greater. The SIM system designed by this partnership promises to become an indispensable tool in the arsenal of responsible businesses, enabling them to not just comply with the stringent requirements of Scope 1 and 2, but to leverage this compliance towards financial and reputational gains.

In the wake of recent SEC disclosures, rigorous demands for sustainability information have cemented the necessity for a platform such as the SIM. It is poised to provide entities with the capacity to present a true and fair view of their sustainability footprint, which is a critical element in the pursuit of sustainable finance options. Investors are increasingly inclined to channel their funds into projects that not only yield dividends but also contribute towards a greener and more socially-inclusive future. By synchronizing data across various business sectors and presenting it in an intelligible format, the SIM offers a beacon of clarity that is both empowering and essential for business leaders today.

Not only is the partnership a win for corporations, but it also highlights the role of technology as a transformative player in the corporate sustainability arena. Viiison's expertise in harnessing AI and blockchain technologies underscores a tech-forward approach that has the potential to instigate widespread changes across industries. By delivering greater transparency, Viiision's tools can help mitigate risks associated with opaque supply chains and create more ethical market environments.

Impakt IQ, on the other hand, brings to the table its substantial prowess in rendering abstract ideals of corporate responsibility into concrete, actionable strategies. By providing businesses with keen insights into their operations, Impakt IQ enables them to make strategic adjustments that not only boost sustainable efficiency but also enhance public perceptions of corporate ethics and commitment to societal well-being.

This unprecedented alliance serves as a beacon for other companies eager to navigate the challenges of sustainable business practice with agility and finesse. With an increasing global emphasis on environmental stewardship and social equity, the innovations spurred on by Viiision and Impakt IQ are not just timely but essential. They offer a path through which businesses can operationalize the principles of sustainable development and climate risk management while maintaining competitive market positions.

Furthermore, this partnership ushers in a new chapter for corporate narratives related to sustainability. By enabling companies to transparently share their sustainability stories and substantiate their claims, Viiision and Impakt IQ are enhancing the dialogue between corporations, stakeholders, and society at large. This newfound transparency is likely to engender trust and foster better relationships with all stakeholders, thus cementing a firm's reputation as a responsible and responsive entity within the global marketplace.

In addition to the direct benefits realized through the combined offerings of Viiision and Impakt IQ, there is an inherent advantage for society as a whole. As enterprises become more attuned to the importance of their role in addressing massive challenges such as climate change, resource scarcity, and social inequities, the tools provided by this partnership will be central to strategizing and implementing action. The ripple effects of such a proactive stance on sustainability can lead to more resilient economies and healthier communities.

Transforming Challenges into Opportunities

The vision articulated by Amanda Martinez, CEO of Viiision, speaks to a deep understanding of the contemporary business landscape. Martinez and her team recognize that in today's climate, compliance is not a mere checkbox activity, but rather, a robust opportunity for demonstrating a firm's commitment to enhancing its operational and ethical footprint. By capitalizing on this perspective, the Viiision and Impakt IQ partnership cuts through the complexities of regulatory demands and creates a gateway to improved market access, investor confidence, and customer loyalty.

It is worth noting that embracing such technologies and strategic partnerships as the one between Viiision and Impakt IQ requires an initial investment in systems and cultural shifts within organizations. However, the long-term dividends, including enhanced reputation, operational efficiencies, and agility in response to an evolving regulatory framework, are invaluable. The path charted by these two sustainability vanguards illustrates an intelligent allocation of resources towards strategic advantages that extend beyond the immediate horizon.

Pioneering a Sustainable Future

In conclusion, the strategic alliance between Viiision and Impakt IQ is more than just a technological or business collaboration; it represents a significant stride towards a more sustainable and transparent corporate world. This partnership stands as a testament to what can be achieved when innovative technology meets forward-thinking sustainability goals. The Sustainable Impact Management system propels businesses into a new realm where compliance is a strategic asset, data is a storytelling tool, and corporate responsibility is inextricably linked to financial success. With their eyes set firmly on the future, Viiision and Impakt IQ are sculpting a modern business ethos where transparency is the cornerstone of trust and business excellence.

For further information on this pioneering partnership and the breakthroughs in sustainability management it offers, you may reach out via the provided media inquiry contacts for both Viiision and Impakt IQ. Engage with these trailblazers as they redefine what it means to conduct business responsibly and successfully in a world that increasingly values environmental and societal integrity.

SOURCE Viiision

Please contact Viiision directly at [email protected] for any media-related questions.

For Media Inquiries towards Impakt IQ, contact [email protected]