ESG | GREEN FINANCE
Factoring into this is the company ’ s 2025 carbon neutrality commitment , which involves a decarbonisation strategy focusing on the reduction of carbon emissions , as well as investment in reputable carbon credits and green energy alternatives to neutralise any remaining emissions .
Progress thus far has been impressive . In 2022 , all of IFS ’ electricity usage was covered by green tariffs and energy attribute certificates ( EACs ).
Moreover , by partnering with a carbon offset provider , the organisation has been able to invest in a selection of vetted carbon removal projects , enabling the offset of a portion of emissions with a view to achieving the broader goal .
Heiden points out that the projects generating these credits are “ additional , quantifiable , permanent , socially beneficial and externally verified ”.
CFOs need to ensure the organisation ’ s financial strategies align with its commitment to
sustainability
Matthias Heiden CFO , IFS
About IFS
IFS ’ core activities revolve around developing and delivering cloud enterprise software solutions for global companies engaged in manufacturing , distribution , asset management and service-oriented operations . These solutions are built on a single platform , featuring industry-specific products seamlessly integrated with a unified data model . IFS has a global team consisting of more than 5,500 employees with diverse experience and deep expertise across the sectors it serves , including manufacturing , logistics , telecommunications and aerospace and defence . The company ’ s footprint continues to expand at pace in the US and Canada , where clients are choosing IFS to optimise customer service and drive growth .
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