MOUNTAIN VIEW, Calif., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Locus Technologies, the leading EHS Compliance and ESG software provider, was awarded a 16th consecutive award from Environmental Business Journal (EBJ) for growth and innovation in the field of Information Technology in the environmental software with 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 growing and innovating its unified EHS compliance and ESG software platform.
In 2021 Locus took a leading market position in the fast-growing space of ESG software. Locus’s ESG SaaS covers carbon data aggregation via a powerful visual calculation engine, investor-grade emissions calculations audit capabilities, reporting to multiple standards from a single data set, integration APIs, dashboards, and carbon reduction goal setting and tracking. This separates Locus from competitors as customers demand integrated net-zero ESG software that supports investor-grade data in disclosure rules such as the EU’s corporate sustainability reporting directive, mandatory TCFD reporting, and anticipated SEC action on climate disclosures.
In 2021 Locus continued to expand its ESG SaaS to include built-in business intelligence tools allowing for interactive, actionable insights into EHS and ESG data, forecasting tools to predict future ESG reporting, APIs linking to utility meters, and interfaces with other Locus and third-party systems that house ESG data. Locus’s ESG application is focused on “enter once, report many times.” The gold standard for multinational enterprises with many locations worldwide is to have a system configured to report to multiple organizations and many standards from a single dataset. Essential built-in reporting in the Locus ESG app includes state or federal regulations, internal CSR, and ESG based on whatever standard their organization adheres to, such as CDP, GRI, SASB, TCDF, or more recent World Economic Forum (WEF) attempt to standardize many voluntary standards.
Locus also expanded its ESG consulting expertise by becoming the first and only software provider to offer accreditation services under new Oregon DEQ guidelines requiring third-party verification for GHG and CFP programs.
Besides strong growth in ESG space, Locus also continues to lead the software for water quality management market with the addition of new SaaS customers in 2021, such as the City of Hillsboro, Oregon for water quality management and Westinghouse Electric Company for control of environmental and radionuclides data, cementing Locus’s market leader position in the space of nuclear facilities.
“Locus’s investment in integrated carbon management software and EHS compliance is paying off. As one of the early SaaS leaders in net-zero digital solutions for ESG reporting, Locus continues to provide value to companies that want to be credible with their carbon reporting and sustainability 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 16th consecutive year and for taking note of our industry-leading ESG software. We aim to continue expanding our software offerings to customers in 2022,” said Wes Hawthorne, President of Locus Technologies.
ABOUT LOCUS TECHNOLOGIES
Locus Technologies, the global environmental, social, governance (ESG), Sustainability, and EHS Compliance software leader, empowers companies of every size and industry to be credible with ESG reporting. From 1997 Locus Technologies pioneered enterprise software-as-a-service (SaaS) for EHS Compliance, water management, and ESG credible reporting. Locus apps and software solutions improve business performance by strengthening risk management and EHS for organizations across industries and government agencies. Organizations ranging from medium-sized businesses to Fortune 500 enterprises, 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 selected Locus.
Locus Technologies' headquarters is in Mountain View, California.
For more information, visit locustec.com or email info@locustec.com
