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Reducing the Cost of Carbon Measurement, Reporting, and Reduction. National and international carbon emissions regulations will increasingly add to the financial risk profiles for organizations with high carbon exposure. To enhance transparency and increase the ability to direct organizational change, Enterprise Carbon Accounting (ECA) tools must become part of daily operations.

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All organizations producing significant carbon emissions will need to invest in a carbon emissions management strategies and products. This level of corporate investment is not unlike the resources applied to complying with Sarbanes-Oxley Act of 2002 (SOX). The benefits of Verisae’s Sustainability Resource Planning (SRP) platform is the almost immediate return on investment (ROI) that can be attributed to the efficient use of energy, accurate tracking of carbon emissions, and the optimization of enterprise assets.

“Today CFOs focus on cash management and cost reduction. But they can’t dodge the carbon management bullet forever” said David Metcalfe, Director of Veradantix Ltd. “By implementing carbon management software the CFO is likely to identify energy cost savings that cover the cost of the software investment. Our case study analysis of a $5 billion revenue chemicals firm suggests a 145% return on investment over 3 years and a payback period of 0.9 years. Financial returns will vary by sector and company size but the start of GHG compliance regimes – as opposed to government announcements of start dates – will trigger a surge of interest in software for carbon management.”

Financial leaders must assure their organizations that carbon liabilities are under control and manageable. Many distributed enterprises are surprised to find low emissions data quality and the limited amount of carbon baseline verification that occurs before this strategic information is published in a Corporate Sustainability Report (CSR) or to some other public content channel. Integrating carbon costs into strategic planning cycles creates a litany of challenges current Chief Financial Officers (CFO) must tackle.

  • Carbon emissions as a core financial process – Early adopting organizations are integrating carbon accounting into their core financial processes. Distributed organizations of various sizes have made carbon reduction commitments that will need detailed financial plans and reporting to guide carbon reduction investments. To hit their carbon reduction targets, organizations must know “where they’ve been”, “how they are trending now”, and “where they expect to be in as close to real-time as possible”.
  • Reduce regulatory compliance and carbon audit costs – Many distributed organizations face rising costs from carbon emissions reporting, verification, and regulatory audits. Financial leaders need to ensure carbon-related exposure does not destroy annual budgets or multi-year financial forecasting. This is especially true when mandatory carbon reporting begins with initial emissions baselines calculated on 2 or 3 year old data.
  • Buying and selling of companies -- Business mergers and acquisitions will affect carbon emissions reporting and internal budget allocations. In essence, the manner in which businesses are evaluated will change as mandatory carbon reporting takes effect.

Experienced Staff, Mature Products, Implemented Globally

Verisae provides the services and the knowledge that drives decisions from a dollars and sense perspective. Verisae has clients throughout the United States, the United Kingdom, Poland, the Czech Republic, the Slovak Republic, China and Thailand. Already installed by hundreds of clients, across 35 thousand sites, 65 thousand users, and 2.5 million assets under management Verisae has the experience and scalability to drive valuable return on investment (ROI) rapidly.

Proven Return on Investment (ROI)

Verisae is positioned to help organizations quantify the return on investment (ROI) for carbon and energy management initiatives. One of Verisae’s current customers is reporting energy consumption that is 35 percent lower compared to the industry average. After implementing Verisae solutions, this customer’s low energy usage provides a total recurring annual cost savings of more than $3 million.

Verisae is able to maintain low energy consumption through constant monitoring and managing of energy usage, and mitigate any inefficiency that might occur. Verisae’s Software as a Service (SaaS) model provides exceptionally quick time to market. With minimal in-house IT resources, it can be deployed in a matter of months – not years.