Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, March 30 2022 - 23:30
AsiaNet
Precious Shipping Taps into Eka's Cloud Platform to Digitalize Sustainability Reporting
NEW YORK, March 30, 2022 /PRNewswire-AsiaNet/ --

-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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