Paul Suff, editor of the environmentalist, said: “Our reviewers found that all five solutions would help companies produce more robust GHG data and reports, but Ecometrica Sustainability scored highest. The panel particularly liked the quality control built into Ecometrica Sustainability, which is essential for data management and reporting.”
Dr Richard Tipper, chairman of Ecometrica, continued: “This is excellent news and validates our focus on creating flexible solutions that can easily integrate with existing IT systems. The result is a robust and scalable platform that accurately reports GHGs, streamlines the audit process and covers a wide range of additional CSR, health, safety and environmental metrics.
The reporting of greenhouse gas emissions (GHG) became mandatory for all UK companies listed on the main market of the London Stock Exchange from 30 September. Elevating GHG reporting to the same level as financial information, companies are now required to set out the methodologies used to calculate the emissions information and the ratio that confirms the relationship between an organisation’s emissions and activities. However, this is widely recognised as a complex, time-consuming and error-prone process.
“We are continuing to invest in further developments that will bring the power of geospatial data analysis within easy reach of business decision makers, so that data, such as water consumption, can be viewed within the context of local water scarcity,” added Dr Tipper.
Mandatory GHG reporting requirements for listed companies are expected to expand to other large businesses from 2016, putting a greater onus on the delivery of credible, verified results.
The head-to-head review, published in the October 2013 issue of the environmentalist, saw each company demonstrating the capabilities of their software, using data and a client scenario developed for specifically the review. Ecometrica Sustainability was commended for its “impressive balance between functionality and simplicity” and its “focus on quality assurance”. It was described as “ideal for companies with multiple sites who require robust, comprehensive, fully auditable reports”.
Distributed by The Communications Business on behalf of Ecometrica.
For further information, please contact Denise Hannestad, The Communications Business. Tel 0131 208 1500 or DeniseH@thecommunicationsbusiness.com
Ecometrica is a company of world-leading specialists and experts in the provision of web-based services in greenhouse gas accounting (GHG), land use and ecosystem assessment services, climate change policy and remote sensing. It helps private, public and non-profit sectors meet their sustainability challenges, reduce costs and increase overall performance by measuring environmental impacts from carbon, energy, paper, waste and water management, all the way through to full supply chain accounting.
Following an independent review by PricewaterhouseCoopers, Ecometrica became the first environmental accounting provider to secure assurance of audit readiness in line with the International Standard on Assurance Engagements 3000 and, the Institute of Chartered Accountants in England and Wales’ Code of Ethics, for its GHG accounting software Ecometrica Sustainability.
With offices in London, Edinburgh and Montréal, Ecometrica has a global reach and unrivalled experience in the development and application of all major standards for GHG accounting, ecosystem change measurement and monitoring.
Ecometrica’s mission is to make accounting for GHG emissions and ecosystem changes easier for all organisations, including business and government, by making its expertise available through a comprehensive range of web-based and professional consulting services.