San Francisco, CA (PRWEB) June 25, 2011
Summit Energy and Climate Earth announced today that the companies have formed a partnership to offer automated collection of environmental data from primary operational sources and cradle-to-gate supply chain sources. The partnership offers organizations a straightforward path to understanding the direct and indirect environmental impacts, scopes 1, 2 and 3, from operational expenses and all purchased goods and services. The partnership also provides a financially-based context for prioritizing initiatives around energy and resource use, suppliers, materials and products.
The two organizations provide unique depth and breadth in systematized data capture from a variety of enterprise sources. Summit Energy’s technologies extract and validate detailed operational data on energy, carbon, water and waste primarily from invoices and bills. This provides the ability to target immediate opportunities for footprint reductions and to calculate the ROI of efficiency improvements. Climate Earth’s technologies calculate supply chain environmental impact data using financial records such as the general ledger and detailed procurement reports. Results represent cradle-to-gate life cycle impacts from extraction of raw materials through processing, transportation and manufacturing.
“By combining with Climate Earth’s best in class supply chain solution, we can now offer our customers the industry’s first comprehensive managed service for measuring sustainability,” said Bill Brewer, Summit Energy’s VP of Sourcing and Sustainability. “We are extending our leading sustainability solution and our proven track record of leading companies to sustainability programs that drive measurable, bottom line impacts.”
“We are very excited to be able to offer our customers Summit Energy’s industry leading sustainability solution for direct emissions, as well as partnering with a global leader in energy and sustainability management,” said Chris Erickson, CEO of Climate Earth.
Automated data collection solves major quantitative challenges to managing corporate sustainability. It minimizes the overhead costs and errors of manual data entry, allowing the customer to focus on high-value aspects of managing sustainability programs. It also provides best practices for green supply chain programs by estimating and ranking the impact of all suppliers prior to engagement so that surveys and in-depth discussions are prioritized appropriately.
Both organizations deliver customer-facing online reporting environments with ongoing business analytics, and both organizations offer customer support teams with expertise in serving the needs of operations and supply chain sustainability professionals.
Organizations can analyze operational data collected by Summit Energy, such as scopes 1 and 2 emissions data, along with scope 3 supply chain data collected by Climate Earth’s environmental business intelligence system. The companies offer a turnkey approach to migrating data between systems.
About Climate Earth
Climate Earth provides environmental business intelligence systems, products and managed services for the greener supply chain. Solutions include supplier rankings, procurement screenings, corporate footprints, LCA data, and product assessments to support prioritization and strategic decisions. Environmental impacts are quantified cradle-to-gate using an organization’s existing financial data and a powerful supply chain data model. Results are delivered via a secure web analytics portal. Learn more at http://www.ClimateEarth.com and download white papers on “Quantifying Direct and Supply Chain Water Use for Enterprises” and “Measuring Total Corporate Chemical Emissions to Water.”
About Summit Energy
Summit Energy provides energy management and sustainability services for businesses in a wide range of industries. Summit manages more than $20 billion in annualized energy spend for more than 650 clients and thousands of facilities worldwide. Summit leads companies to cost-effective strategies by providing energy procurement, sustainability consulting, energy risk management, rate analysis and demand response services. Headquartered in Louisville, Ky., with a team of more than 350 employees, Summit has additional offices in the United States, as well as in Europe and Mexico.