Oracle is to add energy consumption and carbon emissions tracking tools to the E-Business Suite and JD Edwards EnterpriseOne Financial Management platform.
The Environmental Accounting tools will be offered as optional modules for the buiness management and accounting platforms, allowing companies to track and report energy consumption and greenhouse gas emissions.
The modules will also connect with Oracle's Business Intelligence platform to help companies spot areas where CO2 consumption could be reduced.
"Environmental considerations such as emissions reporting are part of the new-normal for all organisations, and Oracle is committed to providing comprehensive solutions to meet these requirements," said Oracle vice president of product strategy Jon Chorley.
"With the introduction of Oracle Environmental Accounting and Reporting and JD Edwards EnterpriseOne Environmental Accounting and Reporting, customers can embed this capability within their normal business operations, delivering the required results at the best total cost of ownership."
The release comes as technologies such as power management and virtualisation are helping companies cut down on energy consumption and carbon footprints, but new issues have arisen as businesses look to further cut costs.
Greenpeace recently criticised a number of large technology firms for locating datacentres in regions that rely heavily on coal power plants to generate electricity.
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