The Environmental Business Journal (EBJ) has recognized Locus for growth and innovation in ESG software.
MOUNTAIN VIEW, Calif., Feb. 24 28, 2022 (GLOBE NEWSWIRE) — Locus Technologies, the leading provider of EHS and ESG compliance software, has received a 16th consecutive award from the Environmental Business Journal (EBJ) for its growth and innovation in the field of Environmental Technology. information in environmental software with a particular focus on ESG.
EBJ is a business research publication providing strategic business intelligence to the environmental industry. Locus received the 2021 EBJ Award for Information Technology by developing and innovating its unified EHS and ESG compliance software platform.
In 2021, Locus has taken a leading market position in the rapidly growing ESG software space. Locus’ ESG SaaS covers carbon data aggregation through a powerful visual calculation engine, investor-grade emissions calculation auditing capabilities, multi-standard reporting from a single dataset, API integration, dashboards, and setting and tracking carbon reduction targets. This sets Locus apart from its competitors, as customers demand an integrated net zero ESG software that supports investor quality data in disclosure rules such as the EU directive on corporate sustainability reporting, reporting Mandatory TCFDs and the SEC’s planned action on climate disclosures.
In 2021, Locus continued to expand its ESG SaaS to include integrated business intelligence tools enabling interactive and actionable insights into EHS and ESG data, forecasting tools to predict future ESG reports, APIs linked to utilities and interfaces with other Locus and third parties. third-party systems that host ESG data. Locus’ ESG app is all about “enter once, report many times.” The gold standard for multinational companies with many locations around the world is to have a system set up to report to multiple organizations and multiple standards from a single set of data. Key built-in reports in the Locus ESG app include state or federal regulations, internal CSR, and ESG depending on which standard their organization adheres to, such as CDP, GRI, SASB, TCDF, or a more recent Forum attempt World Economic Organization (WEF) standardize many voluntary standards.
Locus also expanded its expertise in ESG consulting by becoming the first and only software provider to offer accreditation services under new Oregon DEQ guidelines requiring third-party verification for GES and CFP programs.
Along with strong growth in the ESG space, Locus also continues to dominate the water quality management software market with the addition of new SaaS customers in 2021, such as the City of Hillsboro, Oregon for management for water quality and Westinghouse Electric Company for environmental monitoring and radionuclide data, cementing Locus’ market-leading position in the nuclear facilities space.
“Locus’ investment in integrated carbon management and EHS compliance software is paying off. As an early SaaS leader in digital net zero solutions for ESG reporting, Locus continues to bring value to companies that want to be credible with their carbon and sustainability reporting software,” said Grant Ferrier. , president of Environmental Business International Inc. (EBI), publisher of Environmental Business Journal.
“We would like to thank EBJ for recognizing Locus for a 16e consecutive year and for noting our industry-leading ESG software. We aim to continue to expand our software offerings to customers in 2022,” said Wes Hawthorne, president of Locus Technologies.
ABOUT LOCUS TECHNOLOGIES
Locus Technologies, the global leader in environmental, social, governance (ESG), sustainability and EHS compliance software, empowers companies of all sizes and in all industries to achieve credibility through ESG reporting. Since 1997, Locus Technologies has pioneered enterprise software as a service (SaaS) for EHS compliance, water management, and credible ESG reporting. Locus software applications and solutions improve business performance by strengthening risk management and EHS for organizations across all industries and government agencies. Organizations ranging from midsize to Fortune 500 companies, such as Chevron, Sempra, Corteva, DuPont, Chemours, San Jose Water Company, The Port Authority of New York and New Jersey, and Los Alamos National Laboratory, have chosen Locus.
Locus Technologies is headquartered in Mountain View, California.
For more information, visit locustec.com or email [email protected]