Oracle has launched Environmental Accounting and Reporting, and JD Edwards EnterpriseOne Environmental Accounting and Reporting to enable organisations track their greenhouse gas emissions and other environmental data against reduction targets.

Provided as an option for the Oracle E-Business Suite Financials and JD Edwards EnterpriseOne Financial Management, the modules also enable organisations to obtain repeatable and verifiable methodologies for greenhouse gas calculation in accordance with global standards and for both voluntary and legislated emissions reporting schemes.

The modules use Oracle Business Intelligence to provide insight into an organisation’s environmental data to identify and manage CO2 and cost reduction opportunities.

Environmental reports required for external reporting, such as the Carbon Disclosure Project, can be rapidly created in multiple delivery formats, including spreadsheets, email and PDF.

Oracle Product Strategy VP Jon Chorley said environmental considerations such as emissions reporting are part of the new-normal for all organisations, and Oracle is committed to providing comprehensive solutions to meet these requirements.

"With the introduction of Oracle Environmental Accounting and Reporting and JD Edwards EnterpriseOne Environmental Accounting and Reporting, customers can embed this capability within in the context of their normal business operations, delivering the required results at the best total cost of ownership," Chorley said.