Epicor, a global leader in industry-specific enterprise software, has unveiled its new, patent-pending Carbon Cost Rollup solution within Epicor Kinetic, the Epicor Industry ERP Cloud specifically designed for manufacturers.
The Carbon Cost Rollup solution introduces innovative “Cost Rollup” methods derived from standard costing systems. This transformative approach redefines carbon tracking by treating CO2 emissions as a currency, enabling business leaders to calculate compliance reporting with remarkable accuracy.
“Through feedback from our Customer Advisory Board members, it became clear there was a need for a simplified approach to environmental accountability and reporting in the manufacturing sector,” stated Epicor Group Vice President, Kerrie Jordan. “I am incredibly proud of our team’s achievements in building a solution that addresses those needs and empowers organizations to mitigate climate change by prioritizing areas for emissions reduction and addressing their carbon footprint with the same precision and rigor as their financial costs. This marks a significant step forward in sustainability tracking for manufacturers.”
The process begins at the foundational level of the bill of materials and operations, calculating the carbon cost for each component. As the calculations progress through each tier, the cumulative carbon expenditure for the final product becomes increasingly transparent. This method not only simplifies the complex calculations associated with carbon accounting but also integrates seamlessly with existing cost accounting software, significantly reducing the learning curve for users.
Moreover, the Epicor Carbon Cost Rollup solution complements the company’s collaboration with the carbon intelligence platform Climatiq. In 2024, Epicor and Climatiq announced the integration of Climatiq’s carbon footprint calculation API across the Epicor portfolio. This partnership aims to assist businesses in achieving their sustainability goals without compromising profitability, further enhancing the value of the Carbon Cost Rollup solution.
As manufacturers face increasing pressure to demonstrate environmental responsibility, Epicor’s innovative solution provides a much-needed tool for navigating the complexities of carbon accounting. By treating carbon emissions as a quantifiable cost, organizations can make informed decisions that align with both their financial objectives and sustainability commitments.
The introduction of the Carbon Cost Rollup solution is not just a technological advancement; it represents a paradigm shift in how manufacturers approach sustainability. By integrating carbon tracking into their financial frameworks, businesses can prioritize emissions reduction initiatives, ultimately contributing to a more sustainable future.
