PR82981

CAMBRIDGE, United Kingdom, Mar. 17, 2020 /PRNewswire=KYODO JBN/--

- UL offers industries a solution to support all 11 sustainability needs

outlined in a recent report and ranks No.1 for sustainability reporting

According to reports recently released by the independent research and

consulting firm Verdantix, UL's 360 Sustainability scored the highest in

reporting functionality amongst the twenty-three vendors analyzed in its study.

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UL's 360 Sustainability also earned top marks for its functionality in

supporting the following needs:

-- Materiality analysis

-- Reporting to global standards

-- Sustainability reporting consistent with financial reporting

-- Value chain collaboration

-- Sustainability performance forecasts and ROI calculator

-- Emissions recording and resource use

-- Data tracking and analysis

-- Sustainability strategy mapping

The findings are included in the Verdantix Smart Innovators: Sustainability

Management Software (SMS) and the EHS Software Benchmark: Sustainability

Reporting reports.

Steve Bolton, environmental health and safety research director, Verdantix,

said, "Organizations are under increasing pressure from regulators, customers,

investors, and nongovernment organizations to deeply embed sustainability

strategies into their business plans. Recognized industry frameworks, such as

SGD's GHG, CDP, and GRI, need to be managed and reported on. Software now plays

a critical role in helping businesses collate and process a huge spectrum of

data and metrics. We established UL's SMS has extensive diversity and

capabilities to help businesses with all the sustainability needs outlined in

the report and have the broadest and deepest functionality to provide EHS and

sustainability data reporting management."

Giuseppe Barisan, director and general manager for Environment and

Sustainability division, UL, said, "The report highlights several areas where

our software performs especially well, including tracking and analyzing emissions,

environmental, social and governance-related reporting, and sustainability strategy

mapping. Our team remains focused on helping businesses manage all aspects of

sustainability management. We recently launched Turbo Carbon(TM), to help businesses

across all supply chains manage carbon emission reporting."

www.ul.com/360

About UL

UL helps create a better world by applying science to solve safety, security

and sustainability challenges. We empower trust by enabling the safe adoption

of innovative new products and technologies. Everyone at UL shares a passion to

make the world a safer place. All of our work, from independent research and

standards development, to testing and certification, to providing analytical

and digital solutions, helps improve global well-being. Businesses, industries,

governments, regulatory authorities and the public put their trust in us so

they can make smarter decisions. To learn more, visit UL.com.

CONTACT: Natalie Flack

Marketing Manager

UL

Tel: +44-(0)1223-237200

SOURCE: UL LLC