AMCS has acquired FigBytes in a bid to reinforce its commitment to finding Environmental, Social, and Governance (ESG) solutions for its customers globally.
The move highlights the company’s commitment to invest in the environmental services industry. This partnership aims to combine AMCS’s global presence with FigBytes’ strong market presence in North America, facilitating the delivery of cloud-based SaaS solutions to clients worldwide. The goal is to assist these clients in achieving their sustainability objectives and managing complex regulatory reporting requirements effectively.
The collaboration reinforces AMCS’s ESG reporting and data management offerings and complements the company’s existing capabilities, and also positions AMCS to help clients manage their ESG data effectively and ensure auditable reporting, in compliance with regulations like the EU CSRD, which will affect companies at varying times in the future.
AMCS is a prominent player in integrated software and vehicle technology, catering to environmental, waste, recycling, and resource industries, as well as providing optimization solutions for transportation and logistics. Their mission is to offer integrated, secure, and future-proof environmental software solutions to accelerate growth and sustainability worldwide.
FigBytes, on the other hand, is known for its Sustainability Platform that empowers organizations to translate their ESG and sustainability programs into action. The FigBytes system automates reporting and provides comprehensive insights into ESG activities in a single platform.
Jimmy Martin, CEO of AMCS, said, “Our mission is to create an environmentally sustainable future for our clients and their families, and we are excited to have FigBytes join us in these efforts. This acquisition underscores our mission to provide integrated, secure, and future-proof environmental software solutions that help clients across the globe accelerate their growth and sustainability.”
Ted Dhillon, CEO and co-founder of FigBytes, said, “For nearly a decade, we have equipped sustainability leaders everywhere with robust tools, resources, and expertise in order to put their ESG and sustainability programs into action.
“The combination of FigBytes’ award-winning Sustainability Platform and the AMCS suite of Environmental Software Solutions provides organizations with a unique, compelling offering and one of the clearest digital pathways to a more sustainable future while enabling them to comply with ESG regulations around the world. I’m incredibly confident that our alignment with AMCS will unlock tremendous opportunities for organizations to make an even greater positive change for people and the planet.”
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