Eco-footprint management tool

IFS has launched its Eco-footprint Management tool to provide organisations with control and transparency on the environmental impact of their operations. The tool offers customers an enterprise standard methodology to help them control costs and meet the need to prepare for compliance with environmental legislation.

Eco-footprint Management will be added to IFS’s software suite, IFS Applications. Users will be able to configure IFS Applications to capture environmental impact information from throughout their business just as easily as they configure their financial system to capture cost. IFS customers will be able to track the impact of a broad spectrum of activities ranging from raw material sourcing to product design to logistics and emissions — helping them analyse their operations, learn environmental patterns and plan for urgent legislative requirements.

Existing components within IFS Applications that capture financial cost will now be able to monitor carbon monoxide, lead, sulfur and other environmental impacts as an additional cost. For example, users will be able to assign different carbon footprints to various methods of transport helping them see the environmental as well as financial cost of shipping materials by train versus truck and compare the carbon footprint of local versus offshore sourcing.

The application will support IFS customers around the globe who are under increasing pressure to comply with upcoming environmental legislations such as Australia’s National Greenhouse and Energy Reporting Regulation.