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Accountor offers its customers a new carbon footprint calculation service as part of Procountor

The calculation of a company’s carbon footprint can be automated by utilizing financial data. Accountor adds a service to the Procountor financial management software that allows a company to easily monitor the development of its carbon footprint. Accountor helps companies to act in a sustainable way.

Research has shown that Finnish small and medium-sized enterprises (SMEs) find sustainability increasingly important.

“Sustainability is an integral part of our daily operations at Accountor. We develop our own sustainability and as part of that we are publishing our annual sustainability report this week. We also want to help Finnish companies’ opportunities to meet future sustainability requirements by introducing a new service, which is based on the automatic carbon footprint calculation of financial data,” says Niklas Sonkin, Accountor’s President and CEO.

Automatic carbon footprint calculation reduces the amount of work and lowers costs. The calculation service works with the automated carbon footprint calculator of Accountor's software partner Carbonlink. Carbonlink’s software utilizes the financial data in Accountor’s financial management software Procountor and produces information about a company’s carbon footprint economically and effortlessly. The service produces a clear and regular carbon footprint report based on financial data in Procountor.

Reporting helps companies to identify how they should develop their operations in order to reduce the company’s carbon footprint. With the help of automatic calculation, the company can monitor the effects of its reduction measures quickly.

"Major social change requires modern tools so that organisations can genuinely participate in slowing down the climate change. Together, science and business are a huge force that we want to harness to build a better future," says Markku Kulmala, Professor of Aerosol and Environmental Physics at the University of Helsinki and one of the founders of Carbonlink.

Financial data helps in calculating the carbon footprint

Financial data contains a lot of information, which can be used to identify what kind of products and services the company buys. The automatic carbon footprint calculation works better, the more detailed information is found in the company’s financial management system.

Automatic identification based on data keeps getting better as more and more products and services are calculated. Billing breakdowns, for example, will also develop so that the carbon footprint of a purchased product or service can be deduced even better based on the billing data.

The carbon footprint report helps to meet sustainability requirements

Sustainability regulations and directives increasingly affect SMEs as well. Larger companies are obliged to find out the carbon footprint in their subcontracting chains, so partners must submit reports on their sustainability often already in the tendering phase. Financial decisions also take into account how sustainably the company operates. Carbon footprint reporting helps to provide information on the development of the company’s sustainability work in both cases. Sustainability is an ever-increasing requirement for attracting talent and succeeding in business.