Le Lézard
Classified in: Environment, Science and technology
Subjects: Contract/Agreement, Product/Service

Emburse Partners with GreeMko to Further Efforts Around Corporate Sustainability

Just ahead of the World Day for the Reduction of CO? Emissions on January 28, Emburse, the global leader in spend optimization, announces a new alliance with GreeMko to help companies meet their ESG commitments and achieve more sustainable travel.

Through this partnership, Emburse will provide customers of its Emburse Captio expense automation solution with rich data and greater insights by calculating the carbon footprint of employee expenses. Once an expense is entered into Emburse Captio, the information will be converted into tonnes of CO? equivalent, leveraging data supplied by GreeMko. With this data in hand, companies can then more accurately report on their total carbon emissions, and meet the Greenhouse Gas (GHG) Protocol Scope 3 standards or achieve certification in ISO 14064.

The calculations from GreeMko are based on the guidelines of the GHG Protocol and the Intergovernmental Group of Experts on Climate Change. GreenMko offers solutions to help businesses meet their sustainability or carbon neutrality goals. More specifically, its work helps address the often difficult-to-measure emissions that fall under Scope 3, including corporate travel.

"We've entered a new era of business travel, and the need for sustainability is even more critically important than before. Yet just like other areas of accounting in a business, if carbon emissions are not tracked, they're not being managed," said Eric Friedrichsen, CEO of Emburse. "Through the partnership between Emburse and GreeMko, businesses can harness reliable, accurate data to enhance their reporting, budgeting, and guidance around carbon footprinting. This will also equip leaders with insights to guide travel policies and identify the most sustainable options."

The combination of technology and spend management will help businesses stay on track or even enhance their overall commitment to sustainability.

"For many companies, improving their sustainability efforts begins with better measurement," said Jorge Portillo, CEO of GreeMko. "GreeMko makes it easier to comply with increasingly demanding legal requirements and, above all, achieve greater efficiency and sustainability, thus reducing environmental impact."

The alliance with GreeMko marks one more way Emburse has leveraged data and technology to address sustainability efforts. Currently, users of the Emburse Go solution can see the carbon footprint of their trips, and companies can view data from all employee trips in a central dashboard.

About Emburse

Emburse is the global leader in spend optimization. Our expense, travel management, purchasing and accounts payable, and payments solutions are trusted by more than 12 million business professionals, including CFOs, finance teams, and travelers. More than 18,000 organizations in 120 countries, including FORTUNE 100 corporations, high-growth startups, public sector agencies, and nonprofits, count on our intelligent automation, sophisticated analytics, and unmatched spend control to streamline processes, increase spend visibility, enhance compliance, and deliver positive financial outcomes.

We humanize work. We eliminate manual, time-consuming tasks, so our customers and their teams can focus on what matters most in their personal and professional lives.

For more information on Emburse, visit emburse.com, or follow our social channels at @emburse.

These press releases may also interest you

at 22:56
Chinese leading biopharmaceutical company 3SBio (01530.HK) today announced its 2022 annual results. In 2022, 3SBio's core biopharmaceutical products posted robust growth, hair health business achieved blistering performance, and contract development...

at 22:50
WEMADE PLAY (CEO, Lee Ho-Dae), a Korean mobile game developer,...

at 22:30
According to Technavio, the global mechanical keyboard market size is estimated to grow by USD 155.64 million from 2022 to 2027. The market is estimated to grow at a CAGR of 6.79% during the forecast period. The growing incorporation of additional...

at 22:10
China-Russia relations have been injected with more substance as a new chapter for bilateral ties has been launched after Chinese President Xi Jinping arrived in Moscow on Monday to meet with his Russian counterpart Vladimir Putin.   Terming the...

at 22:00
With a solid foundation in display technology, AUO Corporation (AUO) continues to build a...

at 22:00
The automated test equipment market size is forecast to increase by USD 2,049.89 million from 2022 to 2027, at a CAGR of 5%, according to the recent market study by Technavio. The growth of the market will be driven by the augmented production of...

News published on 27 january 2023 at 09:05 and distributed by: