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LeaseAccelerator Releases Enterprise Emissions Analysis and Reduction Software

byRita Garwood
December 18, 2023
in Data and Economy, EF News
Reading Time: 2 mins read
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LeaseAccelerator, released the industry’s first enterprise emissions analysis and reduction software for leases and assets, LeaseAccelerator Net Zero Asset Manager, along with an Early Access Program to help clients measure and reduce emissions in 2024. Participants get early access to the software, preferential pricing and a community committed to sharing feedback and best practices.

The new software helps corporate sustainability leaders accelerate their journey to net zero, operating executives evaluate the economic trade-offs of alternative decarbonization pathways and ESG controllers simplify compliance with emissions reporting standards from SEC, CSRD and ISSB.

With LeaseAccelerator Net Zero Asset Manager, clients can:

  • Collect, manage and report on leased assets for emissions compliance and net-zero planning, leveraging usage data and emissions factors for real estate spaces and equipment.
  • Measure, analyze and allocate asset-level emissions using a General Ledger string (11 segments) for each asset to drive insights, accountability and action, reducing Scope 1, 2 and 3 emissions.
  • Assess leases coming to term to source new leases that reduce emissions, integrating your internal carbon price to evaluate economic trade-offs of alternative tactics.
  • Forecast rents and emissions in parallel to discern optimal pathway to net zero.
  • Streamline emission reduction strategy by divesting high-emission spaces, consolidating areas and reallocating equipment for improved utilization.
  • Improve accountability and change behaviors by targeting assets and stakeholders, identifying business units with largest emissions.
  • Deploy a single system of record for leased assets, synchronizing data automatically as a subledger with other enterprise applications, including:
  • Emissions management and reporting
  • Financial planning
  • ERP

“We collaborated with clients to enhance our lease lifecycle automation platform to produce practical emissions insights about their lease portfolios”, Michael Keeler, CEO of LeaseAccelerator, said. “This gives controllers the same controls for emissions and lease accounting data in one asset-level subledger with one audit-trail and integrated business intelligence.”

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