Tradeshift Wins the Prestigious Circular Economy Digital Disruptor Award
SAN FRANCISCO–Tradeshift, the fastest growing business platform that helps buyers and suppliers transform the way they connect, transact and collaborate, today announced that the company won the Circular Economy Digital Disruptor Award, rewarding the company for its role in promoting the circular economy as an alternative to the traditional linear economy.
The circular economy encourages economic development within natural resource limits and enforces the values of “doing more with less.” Tradeshift embodies these values by creating a foundational change in global business processes. The company sells a digital, platform to its customers, enabling them to shift from a cost-based to a value-based supply chain focus, which has been embraced by many global and Fortune 500 companies such as DHL, UK NHS, ADM. Tradeshift’s technology facilitates transparency and enables companies to take responsibility for their supply chains, while creating sustainability by eliminating the need for paper invoices.
“As a CEO, I’m very conscious of the impact that my company and its partners have on the environment,” said Christian Lanng, CEO of Tradeshift. “As global citizens, we have a responsibility to use our resources wisely. If our company can decrease the number of paper invoices being used while educating others on sustainability certifications and green spending analytics, we are moving in the right direction.”
Lanng accepted the Circular Economy Digital Disruption Award at The Circulars event which took place January 20th at the World Economic Forum in Davos, Switzerland.
Founded in 2010, Tradeshift is the world’s largest business commerce platform that connects buyers and sellers. Tradeshift connects over 1.5 million companies across 190 countries, processes over half a trillion USD in transaction value yearly, and has a marketplace containing 28 million SKUs. It offers solutions for procure to pay, supplier engagement and financial services, and enables companies and partners to build custom or commercial apps on its business commerce platform. Tradeshift is headquartered in San Francisco, with offices in Copenhagen, New York, London, Paris, Suzhou, Tokyo, Munich, Frankfurt, Sydney, Bucharest, Oslo, Stockholm, and Kuala Lumpur.