This week, Ask Denovo covers the improvements in Environmental, Social, and Governance (ESG) which deals with environmental risks and natural resource management. Many JD Edwards users were not aware that JD Edwards EnterpriseOne has had Environmental Accounting and Reporting features for over 10 years.
The new JD Edwards Sustainability Framework simplifies and streamlines the collection of this environmental data. Per Oracle's release notes:
"This feature provides the ability to collect the fuel usage from stationary combustion sources (Scope 1), directly from JD Edwards transactions, including Voucher Match and Standard Voucher applications. Additionally, the framework allows customers to directly input the stationary combustion data into a centralized repository known as the Sustainability Activity Ledger. The JD Edwards Sustainability Framework, by offering an optimized solution to collect the data and with the option of leveraging external carbon calculation and reporting tools, helps organizations with their environmental goals, and provides a roadmap for more sustainable business practices."
During an Oracle webinar last month, Oracle shared the "plug-in" capabilities of Oracle Cloud EPM as well, pulling this JD Edwards ESG data into the dashboard for reporting out of EPM.
Want to learn more? This is a link to the Oracle webinar showing some of the setup https://securesites.oracle.com/Oracle-JDE-Apps-Task_Force-Archive/content/800960043540563.mp4
Want to learn more or watch short videos on these updates? Check out LearnJDE , click on your area of interest, then click on Product Catalog.
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