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LexisNexis launches new Sustainable Innovation Measurement framework enabling organizations globally to objectively track and report on innovation's contribution to the United Nations Sustainable Development Goals

NEW YORK, Oct. 12, 2021 /PRNewswire=KYODO JBN/ --

-- Industry-first alignment of patent data to the United Nations Sustainable

Development Goals framework revolutionizes sustainable innovation analysis.

LexisNexis(R) Legal & Professional is pleased to announce the launch of an

innovative extension to its leading Intellectual Property analytics solution,

LexisNexis(R) PatentSight(R), that makes sustainable-focused innovation

identifiable, searchable, and trackable through mapping the global patent

system to the UN Sustainable Development Goals (UN SDGs). This new, objective

measure gives organizations globally an unparalleled view into the global

innovation landscape while revealing opportunities in sustainable technology.

As organizations face growing pressure to take sustainability aspects into

account across strategic, financial and operational decision making,

sustainability is emerging as a new major value indicator. Through

PatentSight®, global patent data can be harnessed to provide an important new

source to objectively measure and track innovation's contribution to global

sustainability.

By mapping advancements in science and technology as expressed through

patentable innovation against the UN SDGs (identified as distinct fields

fundamental to global prosperity and largely aligned to the ESG agenda),the

PatentSight analytics platform provides unprecedented insight into sustainable

innovation on a global basis, allowing users to analyze innovation strength

across distinct fields of sustainability. This unique proposition enables

patent and non-patent experts alike to easily access their field of interest

and gain valuable insight, leading to better decision making and reporting on

sustainability topics, whether to inform Research & Development (R&D), support

investment strategies, enable effective evaluation, or support corporate

communication to educate employees, consumers and shareholders.

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As an active contributor at the United Nations Rule of Law Steering Committee,

LexisNexis helped set the UN SDGs in motion. Introducing a mapping of global

patents to the UN SDGs, LexisNexis Intellectual Property Solutions is the first

provider of intellectual property software, data, and consulting solutions

meeting the growing demand from corporations, investors, universities, law

firms, NGOs, and regulatory bodies for an unbiased sustainability measure.

Commenting on the launch, Andrew Matuch, President of LexisNexis Intellectual

Property Solutions, said:  

"Sustainable technology development is highly dynamic and competitive; by

unlocking patent data as a rich new reference source, LexisNexis is providing

the innovation community unparalleled insights into sustainable innovation on a

global basis."

"At LexisNexis we are defined by our pioneering approach, and I am proud of our

continued advancement of the United Nations Sustainable Development Goals by

bringing clarity to innovation and inspiring urgent action to meet the planet's

challenges."  

As part of LexisNexis commitment to sustainable development, the SDG analytics

feature is provided without extra charge to LexisNexis(R) PatentSight(R)

Enterprise users. For more information visit, lexisnexisip.com/SDG.  

About LexisNexis Legal & Professional  

LexisNexis Legal & Professional is a leading global provider of legal,

regulatory and business information and analytics that helps customers increase

productivity, improve decision-making and outcomes, and advance the rule of law

around the world. As a digital pioneer, the company was the first to bring

legal and business information online with its Lexis(R) and Nexis(R) services.

LexisNexis Legal & Professional, which serves customers in more than 160

countries with 10,400 employees worldwide, is part of RELX, a global provider

of information-based analytics and decision tools for professional and business

customers.

About LexisNexis Intellectual Property Solutions  

LexisNexis Intellectual Property Solutions brings clarity to innovation for

businesses worldwide. We enable innovators to accomplish more by helping them

make informed decisions, be more productive, comply with regulations and

ultimately achieve a competitive advantage for their business. Our suite of

workflow and analytics solutions (LexisNexis(R) IP Data Direct, LexisNexis

PatentAdvisor(R), LexisNexis PatentOptimizer(R), LexisNexis(R) PatentSight(R)

and LexisNexis TotalPatent One(R)) enables companies to be more efficient and

effective at bringing meaningful innovations to our world. We are proud to

directly support and serve these innovators in their endeavors to better

humankind.

Media contacts:

James Gray / Theo Davies-Lewis

Finsbury Glover Hering

james.gray@fgh.com / theo.davies-lewis@fgh.com

+44(0)20 7251 3801

Jessica Morel

LexisNexis Intellectual Property Solutions

j.morel@lexisnexis.com  

+1 267-965-1334

SOURCE: LexisNexis