NR 08:54 AM EDT, 09/29/2022 (MT Newswires) -- Kinaxis Inc. (KXS.TO), powered by a cloud-based platform, said Thursday that a Japanese distributor of chemical products has signed up its MPO unit to serve as the strategic supply chain execution platform for its North American subsidiary.
The company's shares, which gained nearly 1% in Canada yesterday, also climbed nearly 1% in early Frankfurt trading on Thursday.
MPO, a Kinaxis company, offers a unified cloud platform for multi-party orchestration.
Separately, Kinaxis published its 2022 Global Impact Report to highlight efforts across its core environmental, social, and corporate governance commitments.
For 2021, Kinaxis achieved carbon neutrality for Scope 1 through 3 GHG emissions. The company also reported initial disclosures under the Task Force on Climate-related Financial Data framework.
Additionally, the company said 92% of the Kinaxis team believes that leadership is committed to diversity, equity, and inclusion. The company also reported the launch of the initial version of its Vendor Code of Conduct.