Partnership aims to help companies speed up their journey to net zero
Sage and NatWest have joined forces to make it simpler for UK businesses to understand their carbon footprint, reduce their emissions and tackle climate change more effectively.
NatWest’s Carbon Planner is now powered by Sage Earth, automating a key part of the process of calculating a company’s emissions. It does this by processing data from a company’s accounting software and matching transactions to emission factors to create an estimate of the environmental impact of the company’s purchases. The software then guides the business to refine their emissions estimate by submitting additional data (e.g. energy usage, employee commuting patterns).
Helping UK businesses towards net zero
The NatWest Carbon Planner, powered by Sage Earth, is a free tailored solution that provides personalised actions based on customer data designed to help UK businesses manage their future fuel and operational costs and reduce their carbon footprint faster. As well as cutting emissions, the platform has the potential to reduce inefficiencies, save time and money, and help businesses become more competitive.
The Carbon Planner also provides information and useful resources to help businesses on their journey to net zero. The planner is available online to all UK businesses and is not limited to NatWest customers.
A recent SME Climate Impact Report from Sage and the International Chamber of Commerce (ICC) revealed that SMEs are responsible for 44% of the UK’s business emissions. And despite wanting to be greener, 90% feel hindered by obstacles such as cash flow and finding the right solutions to improve their environmental impact.
Amaya Souarez, EVP Cloud Operations, Sage, said, “SMEs are vital to tackling climate change but for many organisations the difficulty is knowing where to start when it comes to taking positive actions on reducing their carbon footprint. We are excited to collaborate with NatWest to address this critical challenge and enable businesses to understand their emissions by arming them with the right tools so they can take action and accelerate their journey to net zero.”
Darren Pirie, Climate Propositions Lead at NatWest Group, said: “By partnering with Sage to leverage the power of their emissions estimation technology through the NatWest Carbon Planner, we are enabling businesses across the UK to embrace sustainable practices with confidence. When SMEs reduce their carbon emissions and harness the right tools, they not only contribute to a greener future but also unlock significant benefits for their own success like reducing inefficiencies, saving on operational costs, and gaining a competitive edge. We are committed to supporting businesses in their quest to tackle climate change while thriving in a sustainable economy”.
