RegulationCorporate GovernanceGlobal business invests in carbon accounting

Global business invests in carbon accounting

Serco, the service and outsourcing business, invests in new systems to automate environmental processes

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International service company Serco, which operates in 35 counties, has signed a deal to roll out carbon accounting software in all its offices.

Serco, which has more than 70,000 employees, has implemented Greenstone Carbon Management’s software.

Greenstone uses software to create carbon management and accounting IT. It’s latest product, Acco2unt, allows the finance function to measure, manage, plan, store and report emission data while also leaving an easy to manage audit trail.

Tim Davis, head of assurance reporting at Serco, said: “The complex nature of Serco’s business operations demanded an easy to use enterprise carbon accounting tool that would help us aggregate, measure and manage carbon emissions – quickly, accurately and cost effectively.

“The software also allows us to model the carbon impact of future business scenarios, benchmark performance across different parts of the organisation and address internal and external reporting requirements with minimum effort.”

Further reading:

Environmental investment hampered by tax system

Accountancy IT companies Nolan and Benteq merge

Access Accounting restructures and rebrands

Cracks appear in carbon emissions accounting

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