Innovative Partnership Launches IFS Emissions Management Module
IFS Partners with Climatiq to Enhance Sustainability Efforts
IFS has signed a meaningful partnership with Climatiq, marking a major step forward in integrating sustainability into business operations. This collaboration aligns with the introduction of IFS Cloud's new Emissions Management module, designed to transform how organizations perceive and manage their carbon footprints.
Transforming Business Operations with Sustainability Insights
The launch supports IFS's commitment to embedding sustainability practices within companies’ operational frameworks. By leveraging data from existing business operations, customers can derive actionable insights related to their emissions. This initiative allows businesses to make decisions that reflect their sustainability goals while continuing to meet operational standards.
Collaboration and Innovation
The partnership between IFS and Climatiq merges advanced industrial AI with comprehensive carbon intelligence. Together, they provide a unique approach enabling asset-intensive industries to monitor and reduce their environmental impact. The Emissions Management module now includes Climatiq's carbon calculation engine, facilitating automatic carbon assessments within core business systems.
Features of the Emissions Management Module
With prebuilt templates and standardized methodologies, the Emissions Management module promotes accurate carbon insights at scale. From automatic calculations to rapid setup, the module enhances daily operational efficiency while focusing on sustainability efforts.
Co-authored White Paper on Sustainability Insights
To accompany the launch, IFS and Climatiq jointly authored a white paper detailing how integrated sustainability capabilities can lead to better data-driven emissions insights. This document aims to simplify reporting and compliance with global standards, like the Corporate Sustainability Reporting Directive (CSRD), empowering companies to make smarter, greener choices.
Customer Commitment to Sustainability
Caitlin Keam, VP of Sustainability Applications at IFS, highlights the ongoing pressure customers face regarding evolving sustainability regulations. The incorporation of Climatiq’s verified emissions factor database directly into IFS Cloud streamlines processes while enhancing adaptability and decision-making capabilities.
Industry Expertise Meets Carbon Intelligence
Hessam Lavi, the CEO of Climatiq, emphasizes the strengths of this partnership. By embedding emissions data within enterprise workflows, the collaboration aims to bolster the green transition through effective, data-driven strategies.
Strategic Investment Enhancements
IFS's renewed commitment to sustainability is reinforced by significant investments from sustainable investment firms. This backing amplifies IFS's mission of innovation towards a greener world, showcasing collaborations that enrich its sustainability agenda.
Frequently Asked Questions
What is the purpose of the partnership between IFS and Climatiq?
The partnership aims to integrate sustainability into business operations through advanced carbon management tools in IFS Cloud.
What features does the Emissions Management module offer?
The module includes automated carbon calculations, prebuilt templates, and integrated carbon emissions data, enabling efficient sustainability practices.
How does the white paper support sustainability reporting?
It outlines how IFS' capabilities can convert business activity data into actionable insights for regulatory compliance and better decision-making.
Who are the key figures in this partnership?
Caitlin Keam from IFS and Hessam Lavi from Climatiq are pivotal in driving the sustainability initiatives between the organizations.
How does IFS support its commitment to sustainability?
Through partnerships and strategic investments, IFS continuously innovates to promote sustainable practices across industries.
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