Lease software provider Visual Lease announced it has launched a new product, VL ESG Steward, designed to help organizations track and report on the environmental impact of their owned and leased asset portfolio.
The tool, which Visual Lease says is the first of its kind, will allow organizations to consolidate and track data across assets like commercial real estate, fleet and equipment so they can better manage their ESG goals and reporting.
“As we look ahead, the businesses that have a clear understanding of their greenhouse gas inventory will be in the unique position to easily identify areas where shifts can be made to meet internal and external goals,” Robert Michlewicz, CEO of Visual Lease, said in a news release.
In addition to greenhouse gas emissions, VL ESG Steward tracks a wide variety of environmental factors, including energy consumption, water usage, waste management and more, the news release said. It collects data from a range of sources and automatically converts it into the standardized measurement of choice.