The Work Index by Flexa

Planet Price Holding Pty Ltd

Planet Price is a sustainability tech company that helps organizations understand and reduce the environmental and social impact of their supply chains.

https://planetprice.io/
5.1

/10

Transparency ranking

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Description

Planet Price Holding Pty Ltd is a sustainability technology company focused on helping large organizations reduce their environmental and social impact. They do this by providing a platform that calculates the "Planet Price," a single financial metric representing the hidden costs associated with products and services across a company's supply chain. The platform utilizes AI and commercial-grade data to analyze a company's procurement landscape, considering impacts beyond greenhouse gases, such as land use, water consumption, and toxic emissions.

Planet Price believes that by quantifying these hidden costs, companies can make more informed procurement decisions, drive innovation toward sustainable practices, and ultimately contribute to a more sustainable future. They are a "for influence" business, meaning their focus is on influencing change within large organizations, rather than maximizing profit.

Mission

Planet Price is a company dedicated to reducing the environmental and social impact of large organisations' supply chains and operations. They believe sustainable procurement is a powerful lever for change, and their mission is to help organisations make sustainable procurement choices they can bank on by providing a simple, quantitative metric that can help balance economic, environmental, and social considerations.

Automation
Data-driven
Disruptor
Environmental impact driven
Science and research driven
Social impact led
Sustainability
Tech for good

Culture

Planet Price fosters a culture of purpose-driven innovation, valuing a collective effort to make a tangible impact on environmental and social issues. The company promotes collaboration, transparency, and a commitment to using data and technology to drive positive change in the world. It emphasizes the importance of measuring and understanding the true cost of products and services, encouraging individuals to contribute to a sustainable and resilient future.

Progressive

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