Service Objects Processes 3 Billion Transactions and Saves 1.6 Million Trees
In March 2018, Service Objects reached a major milestone in the company’s history by validating over 3 billion transactions. Since 2001, Service Objects has enabled businesses located around the world to validate their contacts’ name, location, phone, email address and device against hundreds of authoritative international data sources, all with the goal of reducing waste and fraud.
The fast-paced growth of the company, which has over 2,500 customers such as Amazon, LendingTree, American Express, MasterCard, and Verizon, has been an instrumental part of reaching this record number of transactions. Processing over 3 billion transactions is of particular significance to Service Objects because corporate conservation is one of the reasons the company was founded. The positive impact of achieving this milestone has had on the environment includes:
- 193 million total pounds of paper saved
- 6 million trees saved
- 6 million gallons of oil saved
- 670 million gallons of water saved
- 393 million kilowatt hours of energy saved
- 295 thousand cubic yards of landfill space saved
According to Geoff Grow, Founder and CEO of Service Objects, the idea to start Service Objects came from his desire to apply math and big data to the problem of waste caused by incorrect contact information. Surpassing the 3 billion transaction mark translates into saving 193 million pounds of paper. He would never have dreamed that 16 years ago Service Objects would be able to fulfill its commitment to corporate conservation in such a significant way.
Corporate conservation is embedded in the company’s culture, as evidenced by its commitment to recycling, using highly efficient virtualized servers, using sustainable wind power, purchasing sustainable office supplies, encouraging employees to bike to work and embracing a paperless philosophy. Every employee is conscious of how they can positively impact conservation efforts.
To read the entire Service Objects’ story, click here.