Latest news with #Avetta
Yahoo
28-05-2025
- Business
- Yahoo
Avetta Report Investigates Rise in Workplace Fatalities and Safety Drivers that Protect Lives
New insights show significant life-saving impact from compliance, safety audits and long-term safety engagement LEHI, Utah & HOUSTON, May 28, 2025--(BUSINESS WIRE)--Avetta®, the leading provider of supply chain risk management (SCRM) software, today announced the inaugural Avetta Insights and Impact Report. The study is a deep dive into the systemic drivers behind fatal workplace incidents based on real-world data from the company's extensive client and supplier network. It also identifies evidence-based strategies that meaningfully reduce fatality rates across the supply chain. According to the National Safety Council (NSC), 5,283 workers died on the job in 2023, amounting to 14 families per day facing the loss of a loved one due to a preventable tragedy. Beyond the human toll, the economic impact of workplace deaths in 2023 reached $7.7 billion, according to an Avetta estimate based on NSC data. "Our commitment to safer, smarter supply chains is unwavering—we believe even a single workplace death is one too many," said Arshad Matin, president, CEO and board member at Avetta. "This report demonstrates the tremendous value of using data, predictive technologies and innovation to prevent fatalities on the job." Key insights from the report: Suppliers that were fully compliant with established safety standards saw a 62% lower fatality rate than non-compliant suppliers (1.19 vs. 3.12), emphasizing the crucial role of prequalification and compliance processes. Suppliers that underwent more than three years of regular safety manual audits experienced a 15% improvement in fatality rates (0.45 vs. 0.53), demonstrating the importance of ongoing evaluation. Organizations involved in Avetta's safety programs for more than 10 years had a 45% lower fatality rate than those with only 2-3 years of involvement (2.04 vs. 3.7), proving that consistent, long-term investment in safety pays off. "While injury rates have steadily declined over the past decade, fatality rates remain unacceptably high," Matin added. "Reversing this trend demands a long-term commitment to proactive, data-driven safety practices, going beyond compliance to build true resilience. We're proud to be at the center of a community of businesses dedicated to raising the standard of safety by focusing on continuously improving." With innovative technology, services and support—and through strategic partnerships with organizations like the NSC and American Society of Safety Professionals—Avetta leads the industry in creating safe, secure and sustainable supply chains. The Avetta Safety Maturity Index, launched in 2024 and informed by NSC best practices, equips organizations to identify risk earlier, strengthen safety systems and reduce the likelihood of serious injuries and fatalities more effectively. As a leading nonprofit safety advocate in America for over 110 years, NSC's mission is to eliminate the leading causes of preventable death and injury, with core focus in the workplace and on roadways. "At the National Safety Council, we know every single workplace fatality is preventable," said Mark Chung, executive vice president of Safety Leadership and Advocacy at the NSC. "Research like the Avetta Insights and Impact Report, combined with data-driven solutions such as the NSC Consultative Safety Journey and the Avetta Safety Maturity Index, empower organizations to take meaningful, proactive steps toward eliminating injuries and saving lives." To learn more, visit About Avetta The Avetta SaaS platform helps clients manage supply chain risk and their suppliers to become more qualified for jobs. For the hiring clients in our network, we offer the world's largest supply chain risk management network to manage supplier safety, sustainability, worker competency and performance. We perform contractor prequalification and worker competency management across major industries, all over the globe, including construction, energy, facilities, high tech, manufacturing, mining and telecom. View source version on Contacts Media Contact Aaron
Yahoo
27-02-2025
- Business
- Yahoo
TOMI Environmental Solutions Achieves Compliance with Stringent Health, Safety, and Environmental Requirements
FREDERICK, Md., Feb. 27, 2025 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® ('TOMI') (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination solutions, announced today it has achieved compliance, recognition and validation by a third vendor management and compliance management platform, Avetta, reflecting the Company's commitment to health, safety, and environmental (HSE) excellence for its customers. The addition of the Avetta compliance platform complements TOMI's existing memberships with Highwire, and ISNetworld. These affiliations underscore TOMI's dedication to maintaining the highest standards of safety and compliance within the health and environmental sectors. By meeting the rigorous criteria set forth by these industry-leading platforms, TOMI ensures that its customers can trust in its unwavering commitment to quality and safety. Elissa J. Shane, COO of TOMI commented, "This accomplishment not only reinforces our dedication to superior health and safety practices but also enhances our credibility with our platinum life sciences customers. We are excited to leverage these platforms to increase our efficiency and drive revenue growth while ensuring the safety and well-being of the communities we serve." Being a part of these health safety and environmental platforms opens new avenues for TOMI to engage with a broader network of industry leaders and stakeholders. The collaboration fosters a culture of continuous improvement, enabling TOMI to enhance its service and integration offerings and stay ahead of evolving industry standards. TOMI™ Environmental Solutions, Inc.: Innovating for a safer world® TOMI™ Environmental Solutions, Inc. (NASDAQ: TOMZ) is a global decontamination and infection prevention company, providing environmental solutions for disinfection through the manufacturing, sales and licensing of its premier Binary Ionization Technology® (BIT™) platform. Invented under a defense grant in association with the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense, BIT™ solution utilizes a low percentage hydrogen peroxide as its only active ingredient and uses patented ionized Hydrogen Peroxide (iHP™) technology in all SteraMist systems to create superior disinfection. TOMI products are designed to service a broad spectrum of use sites, including, but not limited to, hospitals and medical facilities, biosafety labs, pharmaceutical facilities, commercial and office buildings, schools, restaurants, meat and produce processing facilities, and police and fire departments. For additional information, please visit or contact us at info@ Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management's judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, statements relating to TOMI's ability to grow revenue and attract business opportunities. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to, our ability to maintain and manage growth and generate sales, our reliance on a single or a few products for a majority of revenues; the general business and economic conditions; and other risks as described in our SEC filings, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed by us with the SEC and other periodic reports we filed with the SEC. The information provided in this document is based upon the facts and circumstances known at this time. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and we undertake no duty to update such information, except as required under applicable law. INVESTOR RELATIONS CONTACT:John Nesbett/Rosalyn ChristianIMS Investor Relationstomi@
Yahoo
27-01-2025
- Business
- Yahoo
Avetta's RailWallet Enhancements Aim to Close Australia's 70,000 Skilled Worker Gap
Since announcing the launch of RailWallet in May 2024, Avetta has integrated product upgrades for industry operators and rail workers to simplify compliance and support the sector's growth NEWCASTLE, Australia, January 27, 2025--(BUSINESS WIRE)--Avetta®, the leading provider of supply chain risk management (SCRM) software, today announced key advancements to RailWallet. RailWallet is an industry solution for verifying and managing qualifications and compliance with industry requirements and regulations for all rail workers. The rail industry is faced with complex industry requirements and regulations, an aging workforce, and labour competition from other industries. Reforms are underway in Australia, as approximately 70,000 more skilled workers will be needed over the next decade to design, operate and sustain growing networks. With 1.5M workers on its network globally, Avetta has the means to support the national rail action plan, equipping the industry to be one step closer to acquiring the skilled workers needed, from train drivers to cyber security experts. "For those undertaking projects in the rail corridor, RailWallet is a game changer for industry operators seeking to make the rail network safer and more efficient," said Luke Boyle, VP Operations APAC & Global Worker Support at Avetta. "RailWallet offers cost and time savings for operators, and sustainable digital cards that empower rail workers by giving them access to their own information, such as their qualifications and compliance status, and allowing them to complete online inductions via mobile app." Expired competencies, lost access cards and missed training disrupt productivity. With the RailWallet digital card, rail workers can view their roles, competencies and compliance progress, update competency documents, check verification status and complete training assignments and inductions directly from their mobile phones. Industry operators can plan and set training and track and report on the results linked to a rail worker's profile and digital card. One of the latest updates is the integration of the RailWallet Student Management System with Registered Training Organisations (RTOs), including Training Ahead Australia. This API integration streamlines and automates the process of uploading competencies, enabling immediate recognition of completed training within the RailWallet mobile app for rail workers. It eliminates the need for manual uploads, saving RTOs 4–5 hours per week. "With RailWallet's advanced digital capabilities, we're not just simplifying compliance—we're fostering a safer, more connected, and efficient rail industry," said Shayne Kummerfeld, TrackSAFE Foundation Board Member and National Assistant Secretary at Australian Rail, Tram and Bus Industry Union (RTBU). "This innovation directly supports the sector's growth, helping bridge the skilled workforce gap and meet evolving industry demands." Reducing compliance risks and improving safety and productivity across the rail industry is the foundation of the RailWallet system. RailWallet reduces the duplication of effort in providing the same compliance documentation multiple times between different organisations or projects in a safe and secure ISO 27001 and SSAE Type II certified system. Industry operators can collaborate on business rules and system requirements, set and manage rail workers' roles, competencies, training and inductions, view worker analytics and training, and control site access to the railway network. For more information about RailWallet visit About Avetta The Avetta SaaS platform helps clients manage supply chain risk and their suppliers to become more qualified for jobs. For the hiring clients in our network, we offer the world's largest supply chain risk management network to manage supplier safety, sustainability, worker competency and performance. We perform contractor prequalification and worker competency management across major industries, all over the globe, including construction, energy, facilities, high tech, manufacturing, mining and telecom. View source version on Contacts Media Contact avetta@ Sign in to access your portfolio
