Stensdal Group expands collaboration with BeWo: AI strengthens our climate accounts
As part of our work with data-driven sustainability, Stensdal Group is now expanding the close collaboration with BeWo on our sustainability reporting and emissions accounting. More specifically with BeWo's latest product - AI Spend Agent. A tool that is an important step in our further ESG efforts.
With BeWo's AI engine, it gives us full transparency into procurement data and carbon footprint, down to invoice line level. It classifies direct and indirect spend with up to 99.996% accuracy and automates our Scope 1, 2 and 3 data. At the same time, the AI engine acts as a sparring partner that can analyze, explain and suggest actions based on the emissions data.
With that in mind, we at Stensdal Group are naturally excited. The addition of the AI engine means both a more robust data foundation and fewer resources spent on manual processes. It gives us better opportunities to identify optimization potential on CO₂ reductions and costs, meet reporting requirements, and include emissions data for all Stensdal Group's business areas.
"Since we produced our first sustainability report, ESG efforts have become even more embedded in the organization and our operations, so it feels like a natural step to develop our collaboration with BeWo. With the AI engine, I see several benefits. We significantly strengthen the data basis and transparency with predominantly activity-based data, we significantly reduce the time spent on preparing the emission accounts, and at the same time we are better equipped to report on all of Stensdal Group's business areas." - Kenny Louring, Head of ESG & Communications at Stensdal Group.
At BeWo, there is also great pleasure in expanding the collaboration:
"We are on an exciting journey in BeWo, where Stensdal Group has been our first partner in the real estate industry. Since their first climate report, we can now expand the partnership with our AI Spend Agent. We are confident that we will help them optimize their administration setup and resource consumption considerably when it comes to sustainability reporting, while creating full transparency in procurement data and carbon footprint. This is an important factor, as it speaks to Stensdal Group's ongoing work and focus on responsible supplier management." - Mikkel Bering Alstrup, Founder & CEO of BeWo.
Read more about responsibility in Stensdal Group and see the latest sustainability report via the link below:
