EDS, an HP company, and SAP Australia and New Zealand have collaborated to provide a new carbon accounting product to allow Australian companies to comply with new Federal government emissions guidelines.

The companies claimed that the SAP Environmental Compliance (EC) product is an enterprise-wide software platform that allows corporations to define regulatory scenarios with performance indicators. EDS will provide its SAP systems integration experience to incorporate the product into companies’ existing systems to calculate, record and analyse the carbon emissions across entire organisations. The product then generates data to allow regulatory reporting.

David Caspari, vice president of EDS Australia and New Zealand, said: “Businesses in Australia and New Zealand can now more quickly meet regulatory requirements on carbon emissions for business processes as well as assess the financial impact across their organisations. By combining EDS’ systems integration expertise and SAP’s world-class EC solution, EDS will extend its current Carbon Emissions Management Service beyond purely IT assets to whole-of-business operations.”

EDS and SAP reportedly have a longstanding partnership to deliver business software products. Both the companies are respondents to the Carbon Disclosure Project, an initiative that collects data on greenhouse gas emissions. In addition, EDS has set a carbon emission reduction target of 25% by 2010 based on 2007 levels for its operations at all facilities across Australia and New Zealand.

Karen Zwissler, sustainability lead of SAP Australia and New Zealand, said: “By providing businesses with a single, standalone platform that allows access to critical emissions data and information, we are reducing the workload and operational costs associated with the new Federal legislation and enabling appropriate cost allocation.”

He further said: “Following the introduction of the Australian emissions trading scheme in 2011, companies will need either a standalone hosted solution or a solution integrated into the existing financial system to provide information needed to manage their carbon exposures. The SAP EC solution combined with the global software integration capabilities of EDS will give organisations the flexibility to choose between these two options.”