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Intercorp Financial Services
NYSE: IFS
+2.00 (+5.31%)
39.66
USD
At close at Aug 12, 20:41 UTC
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Intercorp Financial Services (IFS) Partners with Climatiq for Enhanced Sustainability Management Solutions

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Cashu
12 days ago
Cashu TLDR
  • Intercorp Financial Services partners with Climatiq to enhance sustainability through a new Emissions Management module in IFS Cloud.
  • The module automates carbon calculations, enabling organizations to integrate emissions data into their daily operations efficiently.
  • IFS aims to transform business data into actionable emissions insights, supporting compliance with evolving sustainability regulations.
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IFS
Intercorp Financial Services
5.31%

IFS Partners with Climatiq to Enhance Sustainability Management through Cloud Integration

Intercorp Financial Services (IFS) makes a significant move towards sustainability with its recent partnership with Climatiq, a notable carbon intelligence platform. This collaboration coincides with the launch of IFS’s new Emissions Management module within IFS Cloud, a strategic initiative aimed at integrating sustainability into core business operations. The partnership emphasizes the need for organizations to make informed, carbon-aware decisions based on robust operational data, positioning IFS as a leader in providing solutions that align with evolving sustainability regulations.

The newly launched Emissions Management module is a crucial development for IFS, as it integrates Climatiq's advanced carbon calculation engine and a scientifically-verified database of emission factors. This allows organizations to automate carbon calculations directly within their existing business frameworks. With prebuilt templates and established methodologies designed for accuracy, the module empowers companies to seamlessly incorporate emissions calculations into their daily operations. By providing these tools, IFS enables organizations to gain clear insights into their carbon footprint, facilitating compliance with current and future sustainability regulations.

Caitlin Keam, Vice President of Sustainability Applications at IFS, highlights the importance of this integration, stating that it equips organizations to swiftly adapt to regulatory changes while maintaining operational efficiency. Hessam La from Climatiq echoes this sentiment by noting that their partnership combines IFS’s industry expertise with Climatiq’s carbon intelligence, thereby placing climate impact at the forefront of business decision-making. Together, they aim to transform business activity data into actionable emissions insights, streamlining the reporting processes for companies and ensuring alignment with global standards, such as the Corporate Sustainability Reporting Directive (CSRD).

In addition to this groundbreaking partnership, IFS continues to focus on the broader implications of sustainability within asset-intensive industries. The collaboration with Climatiq is not just a technological advancement; it represents a commitment to helping businesses navigate the complexities of sustainability compliance. By leveraging industrial AI alongside expert carbon intelligence, IFS positions itself as an essential partner for organizations looking to enhance their sustainability management practices.

The partnership is a testament to IFS’s proactive approach in addressing the challenges posed by climate change, ensuring that its clients are equipped to make responsible business decisions in an increasingly carbon-conscious market. As sustainability becomes a pivotal aspect of corporate strategy, IFS’s innovative solutions are set to redefine how organizations manage and report their emissions, ultimately contributing to a more sustainable future.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

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