AI

Amcs (Formerly Figbytes Inc.)

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FigBytes Company Research Report





Company Overview



  • Name of the Company: FigBytes

  • Mission: FigBytes empowers impact-focused organizations to make positive changes for the planet by transforming complex environmental, social, and governance information into simple reporting and actionable insights.

  • Founded: No information is available.

  • Founders: No information is available.

  • Key People: Ted Dhillon (CEO and co-founder)

  • Headquarters: Suite 900, 200 Elgin Street, Ottawa, Ontario, K2P 1L5, Canada

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: FigBytes is known as a leading sustainability platform providing solutions for ESG management, integrating strategy, automating framework reporting, and simplifying stakeholder engagement.




Products



FigBytes Sustainability Platform



  • Description: A comprehensive software solution for managing climate, water, and ESG metrics.

  • Key Features:

  • Climate Management Solutions: Automation of climate accounting, predictive analytics for climate action, support for Scopes 1, 2, and 3 emissions.

  • Water Stewardship Solutions: Accurate data tracking and risk analysis to manage operational impacts on local communities.

  • ESG Insights Solutions: Integration of ESG data across systems; materiality and strategy tools.

  • Support for various reporting frameworks (e.g., TCFD, CDP, SASB).




Recent Developments



  • Acquisitions:

  • FigBytes was acquired by the Irish software company AMCS in a trans-Atlantic ESG deal.


  • Recognition & Awards:

  • Named a leader in The Forrester Wave™ for Sustainability Management Software in Q2 2024.

  • Named as a Leader in the 2023 SoftwareReviews ESG Reporting Software Data Quadrant Buyers Guide Report.

  • Positioned as a leader in the SPARK Matrix for Sustainability Management.

  • Included as a Sample Vendor in Gartner's Hype Cycle for Environmental Sustainability, 2023.

  • Recognized as an Innovator by Verdantix in the Green Quadrant for ESG Reporting and Data Management Software.


  • New Partnerships/Enhancements:

  • Enhanced Scope 3 Solution with Scenario Analysis and Enhanced Emissions Tracking.

  • Collaboration with partners like AECOM, Infosys, and others for integrated sustainability solutions.




Conclusion



FigBytes is a forward-focused sustainability platform offering a range of comprehensive solutions tailored to help organizations manage their ESG programs effectively. With recent acquisitions and numerous recognitions, it positions itself as a leader in sustainability management software. FigBytes continues to innovate and expand its capabilities, ensuring its platform remains at the forefront of sustainability reporting and data management.