Xero has unveiled an enhanced partnership with carbon accounting software provider Sumday, granting Xero customers a full year of complimentary access to Sumday’s innovative tools for tracking and managing their carbon footprint.
This collaboration aims to simplify the carbon accounting process for small businesses and their accounting partners by offering software solutions, training, and educational resources to enhance skills in environmental reporting. Specific eligibility criteria and terms apply to the offer.
Research indicates that small and medium enterprises are responsible for nearly 50% of total U.S. greenhouse gas emissions. This partnership with Sumday is strategically designed to assist these businesses in more effectively measuring and reporting their emissions, addressing a significant challenge in sustainability reporting.
“Small businesses are the backbone of our communities, and we are committed to equipping them with the essential tools necessary to navigate a changing world. Our partnership with Sumday empowers small businesses with carbon accounting capabilities, enabling them to drive towards a more sustainable future,” stated an official from Xero.
Sumday’s CEO emphasized the importance of making carbon accounting as routine and accessible as financial accounting. “We’re empowering small businesses to understand their impact beyond finances. Our tools simplify the process, helping businesses grasp their environmental footprint before diving deeper into carbon accounting. This partnership with Xero places essential tools into the hands of those who understand business and can generate meaningful insights,” she remarked.
The offer allows Xero customers to seamlessly link their financial data directly into Sumday, facilitating an efficient carbon accounting process. Users will also gain access to Sumday’s online academy, equipping them with essential knowledge in carbon accounting and enabling them to create profiles for effectively communicating sustainability data.
Additional tools provided through the partnership include supply chain engagement features, allowing small businesses to share emissions data with clients and gather information from suppliers, thus helping meet evolving mandatory emissions reporting standards.
Accountants and bookkeepers utilizing Xero will benefit from enhanced resources and support, enabling them to deliver comprehensive carbon accounting services to their clients.
With this integration, small businesses and their advisors can gain critical insights into their entire emissions supply chain, work towards reduction goals, and effectively communicate their sustainability efforts to key stakeholders, including customers, employees, and financial institutions.
