BOSTON--(Energy Points, the total energy analytics company, and SustainEdge, the leading Midwest sustainability consultancy, today announced a strategic partnership to deliver a comprehensive solution that powers enterprise resource management and planning decisions. Walsh & Associates, one of the largest chemical distributors in the U.S., is the first joint customer to use the sustainability solution to power resource decisions across multiple locations.)--
“Energy Points allows us to understand the relative importance of different resources. We’re now able to make direct, one-to-one comparisons of sustainability projects that were previously impossible, such as solar panels versus water management or natural gas usage”
As part of the partnership, SustainEdge will use EnergyPoints Analytics to conduct a comprehensive comparison of their customers’ energy use across resources and initiatives, providing an analysis of which environmental projects are having the greatest environmental and financial impact. EnergyPoints Analytics provides a one-to-one normalization and comparison of resource consumption across all environmental domains, including water, electricity, transportation, gas, waste and materials.
“Energy Points allows us to understand the relative importance of different resources. We’re now able to make direct, one-to-one comparisons of sustainability projects that were previously impossible, such as solar panels versus water management or natural gas usage,” said Greg Stine, founder, president and CEO of SustainEdge. “By converting all resources to primary energy, we’re able to count energy as a currency and understand the fundamental environmental impact of any project. This removes cost as an indicator of sustainability and focuses on measures that matter.”
“We work with SustainEdge to identify the areas where we can improve sustainability performance and accurately convey the impact of our initiatives,” said Randall Lewis, director, operations for Walsh & Associates. “Energy Points will show us exactly how sustainable we are in terms of our consumption of natural resources. This true measure of environmental impact, integrated with the financial impact of our conservation projects, provides a holistic and balanced look at our sustainability initiatives.”
Delivered on-premise or as a cloud application, EnergyPoints Analytics factors in critical indicators, such as regional energy mix (e.g., coal, natural gas, renewables), resource location, life cycle analysis, scarcity and stress to generate the true value of consumed natural resources. Organizations can track and compare activities across multiple locations and resource domains from both a financial and environmental perspective. EnergyPoints Analytics is used by Fortune 500 companies and educational institutions such as Harvard for building portfolio management, integrated financial and sustainability reporting, supply chain sustainability scoring and more.
“Quantifying the true environmental impact of sustainability initiatives is one of the primary inhibitors of the industry. Businesses need to be able to accurately measure the impact of their projects and resource consumption in a meaningful way. Cost is not a sufficient indicator, it fails to account for critical factors such as location and resource scarcity,” said Ory Zik, CEO of Energy Points. “This strategic partnership with SustainEdge will expand our market reach and help us bring EnergyPoints Analytics to businesses and educational institutions that need to accurately measure and optimize resource consumption across multiple locations.”
Through this partnership, SustainEdge and Energy Points provide Fortune 500 companies and academic institutions with an accurate measurement of the environmental impact of their sustainability initiatives. Powered by the Energy Points Platform, EnergyPoints Analytics can be used by itself or integrated with existing resource management systems. This enables energy service companies (ESCO’s), software providers, consulting companies and financial analysts to augment existing solutions. For more information on the Energy Points partner program, please visit www.energypoints.com.
SustainEdge offers a full range of products and services that enable our clients to develop and implement comprehensive sustainability programs. We help organizations optimize current operations and business practices so that they can be more effective while developing new capabilities to do the same with less and to do more, efficiently. For more information, visit our website at www.sustainedge.com
About Energy Points
For sustainable businesses, Energy Points enables the management and planning of resource consumption. The Company’s platform combines advanced analytics with complex resource scarcity data to translate all resources into primary energy, enabling a direct, one-to-one comparison of domains such as electricity, water, waste and fuel. Founded in 2011 by Dr. Ory Zik, who previously founded QuantomiX and HelioFocus, and co-founded by Roy Stein, previous EVP Operations of Grid Point, Energy Points is privately held and headquartered in Cambridge, Mass. For more information, please visit http://www.energypoints.com/
Find us on Wikipedia: http://en.wikipedia.org/wiki/Energy_Points
Follow us on Twitter: @EnergyPoints
Read our Sustainability made Simple blog: http://www.energypoints.com/blog/