UK’s leading payments network gets business smart by independently monitoring sources of emissions

Monday 28th June 2010 - Greenstone Carbon Management, the global specialist carbon solutions company, and The CarbonNeutral Company, a world leading provider of carbon reduction solutions, today announced that they are working with PayPoint to monitor its carbon emissions. PayPoint is the UK’s leading retail network for handling the payment of household bills and mobile top-ups and manages an average 10 million transactions a week. 

The implementation of Greenstone’s carbon online accounting software, Acco2unt, will allow PayPoint to accurately measure, manage and report carbon emissions online, across its offices in the United Kingdom, Romania, Ireland and Canada. PayPoint will be able to include this information in its corporate reporting structure, which forms part of its ongoing sustainability action plan.

Matthew de Villiers, Chief Executive Officer, Greenstone, said, “There is increasing pressure for suppliers to provide accurate information on their carbon emissions, particularly when the procurement process involves tenders. This trend will continue and it will become a standard practice for the disclosure of a supplier’s carbon footprint during a pitch process. The challenge for many businesses is how to implement an internal carbon emissions monitoring system without disrupting their current workflow and without affecting their cost of sale.”

Stewart Hendry, Facilities Manager, PayPoint, commented, “We provide an essential service for many consumers to pay their bills such as water, energy, cable, mobile and fixed line telephony, as well as rents and council taxes to local authorities. Many of these organisations now want their suppliers also to monitor and manage their carbon emissions as part of the supply chain. In the past, we did not have formalised processes to monitor our carbon emissions so I am delighted to say that we are now able confidently and accurately to measure our carbon emissions in a cost-effective way.”

Jonathan Shopley, Managing Director, The CarbonNeutral Company, said, “It is essential for businesses to accurately measure their carbon emissions in order to develop a comprehensive carbon management and emission reduction strategy. Our partnership with Greenstone Carbon Management enables companies to use efficient, accurate tools to measure and report their baseline carbon emissions from which they can then set effective carbon reduction targets and plans which integrate with overall sustainability strategies.”

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