Precious Shipping Taps into Eka's Cloud Platform to Digitalize Sustainability Reporting
PR95237
NEW YORK, March 30, 2022 /PRNewswire=KYODO JBN/ --
-Precious Shipping is among the latest enterprises to benefit from Eka's
Sustainability and ESG reporting solution with 100% remote implementation in
less than 10 weeks
Eka Software Solutions, a global leader in providing enterprise cloud
solutions for the CFO's office, announced successful digitalization of
Sustainability and ESG reporting for Precious Shipping Public Company Limited
(PSL). The project's implementation was accomplished through Eka's award
winning remote implementation methodology, enabling PSL to achieve faster ROI
by going live within 10 weeks and reducing overall reporting time by 50%.
PSL has for long placed the highest priority on delivering long-term value
and sustainable returns to its shareholders. In its latest sustainability
report, the shipping company reported a huge reduction in its carbon footprint,
lowering its average carbon intensity per transport by 42.4% over the entire
fleet, compared to 2014 as the baseline year.
Speaking about the implementation, Gautam Khurana, Director (Finance),
Precious Shipping Public Company Limited, said, "For over a decade, Precious
Shipping has followed sustainable practices to ensure our investments are in
sync with creating a more sustainable future. With Eka's platform driven
Sustainability and ESG reporting solution, we were able to successfully
automate the management of our sustainability reporting, including carbon
accounting and reduction. Their wide selection of reporting standards and
frameworks allows us to report accurate data across multiple global standards
and address the diverse interests of our many stakeholders. Overall, our
reporting time reduced by 50%, giving our teams crucial time back to focus on
more strategic work."
"Precious Shipping has committed itself to creating value for all its
stakeholders in global trade by embedding sustainable practices at the core of
its business," says Shuchi Nijhawan, Chief Sustainability Officer, Eka Software
Solutions. "We are honored to be a part of PSL's mission to transform their
sustainability reporting with solutions to help the company continue driving
real change with conscious decisions that are environmentally responsible," she
further adds.
Eka recently announced a collaboration with Microsoft
[https://eka1.com/news/eka-collaborates-with-microsoft-to-drive-sustainability-f
or-global-enterprises/] to offer enterprises a robust suite of solutions to
reduce their impact on climate and help them spark a positive change through
their sustainability initiatives
[https://eka1.com/blog/creating-a-carbon-neutral-future-with-sustainability-and-
esg-reporting/]. To date, Eka cloud platform has been leveraged by the world's
largest enterprise firms, enabling them to achieve digital transformation in an
environment of continuous change.
About Eka:
Eka Software Solutions is a global leader in providing innovative, cloud
solutions that unify a whole range of workflows from procurement to payments.
Eka supports over 100 customers globally and has proven industry expertise in
helping customers achieve digital transformation in an environment of
continuous change. Read more at www.eka1.com .
Contact:
Sharmita Mandal,
Head Global Communications,
Eka Software Solutions,
Sharmita.mandal@eka1.com
Source: Eka Software Solutions
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