Does finding a transparent, auditable way to capture, track and report on your Greenhouse Gas Emissions and related data make you feel like you are missing a key piece of the puzzle?

On February 18, 2011, Oracle announced the acquisition of select intellectual property assets of Ndevr (Greenhouse Gas Accounting Software), adding environmental reporting and business intelligence (BI) capabilities to Oracle's ERP Solutions.

An article from Oracle's Profit Magazine stated; "Many industries with energy-intensive operations see a need for GHG monitoring, including mining, construction, engineering, property management, real estate, facilities management, transportation, and logistics. GHG accounting software can monitor CO2 emissions data, along with energy consumption, water use, waste water, and energy production." (Oracle Profit Magazine, August 2010) Read More

Measuring environmental performance and setting targets is becoming a significant component for organizations to become more productive, more profitable, and more sustainable. When armed with accurate data, organizations can benchmark and affect behavioral change to reduce environmental impacts.

Oracle Environmental Accounting and Reporting enables organizations to track their greenhouse gas (GHG) emissions and other environmental data against reduction targets, and facilitates environmental reporting for both voluntary and legislated emissions reporting schemes. The solution manages this function from within the existing ERP system and utilizes Oracle Business Intelligence to provide immediate insight into an organization's environmental data to identify and manage CO2 and cost reduction opportunities-providing rapid ROI.

With Oracle Environment Accounting and Reporting you’ll: 

• See an increase in environmental data collection efficiency & reliability - Financial accounting solutions are integrated to leverage existing business processes and maintain a single source of truth
• Be in Compliance with Global Greenhouse Gas Regulations - Accurate, repeatable, and verifiable methodologies for GHG calculations are in accordance with global standards
• See improved environmental & financial performance - Shorter reporting cycle times and internal KPI tracking allows for flexible ad hoc reporting

Resources

Why should companies care about GHGs? Check out this blog entry

Ndevr has been providing greenhouse gas (GHG) and environmental solutions for Oracle JD Edwards EnterpriseOne and Oracle E-Business Suite customers since 2008. Now with Ndevr products as a part of Oracle, there is the improved ability to accurately model, capture, cost, analyze and report on carbon and environmental data, delivered as an Oracle product. More details in this press release

Contact TeamCain to find out more about this environmental accounting and reporting solution.