UL 360 software cited by Verdantix Corporate ESG and Sustainability Software Report for its ease in meeting external reporting requirements.
UL Ranked as a Top Provider for ESG Reporting Software in New Verdantix Report
UL, the global safety science leader with offices in Histon, Cambridge, has been named one of the world’s top providers of environment, sustainability and corporate governance (ESG) software by Verdantix. The independent research and consulting firm with expertise in environment, health, safety, quality, operational risk and smart building technologies ranked UL’s 360 Sustainability Software No. 2 globally in the latest issue of the Verdantix ESG and Sustainability report. It cited the software for its real-time risk analytics and superior data access and visibility as well as product stewardship and operational ESG program, disclosures and reporting management.
With investor interest in ESG metrics and financially material sustainability information critical for business disclosures, risk and performance management, the report provides buyers of software for environment, ESG and sustainability management with a benchmark of the capabilities of 44 software solutions, which included UL’s 360 Sustainability Software. Targeted to ESG and sustainability heads, the report helps assist them to better understand available software and services and inform their future technology adoption road maps for the year ahead and beyond.
“In recent years, we’ve seen a rise in far more rigorous and stringent target setting and increased mainstream investor interest in ESG metrics and financially material sustainability information, both of which have dramatically shifted the landscape for business disclosures, risk and performance management,” said Carlos Correia, vice president and general manager, Asset and Sustainability Performance, UL.
“More than at any point in our history, sustainability, transparency and reporting are key to required compliance and for successful business value and management, and choosing the right solution to support that can be a daunting task. UL is honored to be recognized by Verdantix in our effort to help organizations globally streamline and simplify their ESG reporting requirements,” Correia said.
Incorporating best practices from more than 20 years of environmental and sustainability reporting, UL’s 360 Sustainability Software helps organizations gather, analyze and communicate sustainability and ESG data in one place. The software provides information for annual corporate social responsibility (CSR) and sustainability reports.
Aligned to the key external ESG frameworks that can rapidly establish and accelerate an investment-grade sustainability reporting program within six weeks, UL’s 360 Sustainability software also offers information for meeting a range of external requirements, including the Sustainability Accountability Standards Board (SASB), Carbon Disclosure Project (CDP), Global Reporting Initiative (GRI), Dow Jones Sustainability Index (DJSI), and UN Global Compact. In addition to automating reporting, 360 Sustainability delivers data for an organization to create and track new sustainability initiatives.
UL’s Environment & Sustainability division works to advance global sustainability, environmental health, and safety.
We enable this through:
• Software platforms that help businesses track and measure environmental, supply chain, health, and safety management and sustainability data to meet regulatory and disclosure needs.
• Help businesses demonstrate the health and sustainability of their products through sustainable product certifications such as GREENGUARD and ECOLOGO Certification, environmental claim validations and transparency programs.
• We also support the transition of businesses from linear economy mindsets and practices to a more sustainable, circular approach that can uncover significant hidden value.