Latest news with #UL Solutions
Yahoo
5 days ago
- Business
- Yahoo
UL Solutions to Help Companies in Japan Meet New Climate Disclosure Standards in Collaboration with Fujitsu
The collaboration will provide Japanese enterprises with comprehensive ESG-related reporting solutions, including tracking supply chain greenhouse gas emissions. NORTHBROOK, Ill., July 17, 2025--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, is now collaborating with Fujitsu, a leading Japanese multinational company that provides IT services, solutions and technology, to assist Japanese companies in navigating and adhering to Japan's newly developed climate reporting standards. This alliance combines UL Solutions' ULTRUS software portfolio, a unified digital platform designed to streamline regulatory, supply chain and sustainability management, with Fujitsu's deep local market expertise and established client network. Specifically, Fujitsu will leverage UL Solutions' UL 360 environmental, social and governance (ESG) data management software, an offering in the ULTRUS platform, to help its customers meet the evolving sustainability disclosure standards. These new standards, developed by the Sustainability Standards Board of Japan (SSBJ), are aligned with the International Financial Reporting Standards Foundation's International Sustainability Standards Board (ISSB). "For long-term business success for companies in Japan, strong ESG reporting is no longer a side issue but a core need for companies," said Hidehiko Yamajo, regional vice president, Japan, UL Solutions. "Our new partnership with Fujitsu is a strategic move to help companies navigate these complex ESG reporting demands and complement our existing ESG data management software. These tools simplify these challenges, allowing businesses to manage their data easily, meet new reporting requirements and ultimately create real business value." The SSBJ's new standards, promoting companies to report sustainability and climate-related information, are now available for voluntary application and proposed for mandatory application in 2027, mirroring the global trend towards increased ESG reporting accountability. These standards build upon previous initiatives, including requirements by the Tokyo Stock Exchange and Japan's Financial Services Agency, a government agency and an integrated financial regulator responsible for overseeing the banking, securities and exchange, and insurance sectors to ensure the stability of Japan's financial system, which have progressively strengthened sustainability disclosure expectations for Japanese listed companies. "Fujitsu is thrilled to join with UL Solutions for ESG and sustainability reporting in Japan," said Hidenori Ito, senior vice president, head of Cross-Industry Solutions Business Unit of Fujitsu. "Fujitsu is consolidating all internal and external data, strengthening disclosure and regulatory compliance, and promoting rapid management decision-making through financial and non-financial analysis to realize ESG management. As part of FujitsuUvance, a business model based on social issues, we will integrate Fujitsu's technologies, such as AI and blockchain technology, based on our knowledge and know-how cultivated through collaboration with UL Solutions and our own practices. We will support the realization of data-driven sustainability management and contribute to the realization of a sustainable society by maximizing corporate value." In addition to its software solutions, UL Solutions offers a comprehensive suite of enterprise sustainability services, including environmental product declarations and zero-waste-to-landfill claim validations. The ULTRUS software platform, which includes Sustainable Supply Chain & environmental, health, and safety (EHS) services, was recognized as a leader by Verdantix in their Green Quadrant: ESG and Sustainability Reporting Software 2023 and 2025 reports and Green Quadrant: EHS Software 2025 report, as a unified platform, highlighting its effectiveness in helping companies navigate complex ESG reporting regulations and global compliance challenges. About UL Solutions A global leader in applied safety science, UL Solutions transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions delivers testing, inspection, and certification services, together with software products and advisory offerings, that support our customers' product innovation and business growth. The UL Solutions Mark serves as a recognized symbol of trust in our customers' products and reflects an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage. About Fujitsu Fujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers around the globe, our 113,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$23 billion) for the fiscal year ended March 31, 2025 and remains the top digital services company in Japan by market share. Find out more: View source version on Contacts Media contacts: Tyler KhanUL SolutionsULNews@ T: +1 (847) 664.2139 Steven BrewsterUL SolutionsULNews@ T: +1 (847) 664.8425 Sign in to access your portfolio
Zawya
15-07-2025
- Business
- Zawya
Trina Storage demonstrates high efficiency and long-term reliability in verified field results
Trina Storage has released independently verified operational data from a 150MW utility-scale agrivoltaic + storage project, confirming strong real-world performance in both efficiency and long-term reliability. The project, part of a solar + storage hybrid renewable energy installation, has been in continuous operation for over a year. Performance evaluation was conducted by UL Solutions and the China Quality Certification Center (CQC), two globally recognized third-party authorities. Results show the system consistently achieved 95.2% DC-side efficiency and 87.1% system-level round-trip efficiency, placing it among the most efficient large-scale energy storage systems currently in operation. 'We're proud to see our technology delivering real value under field conditions,' said Shawn Deng, Head of Global Product & System Integration at Trina Storage. 'From Cell-to-AC capability to third-party validation, our goal is to build trust through performance. We'll continue working with global partners to test next-generation systems in diverse environments and provide transparent, data-driven benchmarks for the industry.' Fully Integrated, High-Efficiency Design from Cell to Grid The project is powered by Trina Storage's Elementa Series, a smart, flexible energy storage solution built with Trina Storage's proprietary in-house battery cells. Designed for flexibility and scalability, Elementa delivers high efficiency, safety, and long-term reliability by optimizing performance across the entire system—from cell to grid. Key system features include a smart thermal management system, which keeps cell temperature variation within 3°C, and auxiliary power consumption as low as 1.8%. Together, these capabilities reduce energy loss by approximately 30% compared to conventional systems and contribute an estimated 200,000 kWh of additional electricity annually, boosting overall output and returns. Verified Reliability and Strong Economic Performance After more than a year in operation, the system retains 98% of usable capacity, indicating minimal degradation and strong cycle performance. This long-term reliability supports a 15–20% reduction in Levelized Cost of Storage (LCOS) compared to industry averages, enhancing project bankability. With its high efficiency and stable performance, the system enables participation in multiple market applications—including energy arbitrage, frequency regulation, and reserve services — helping operators diversify revenue streams and shorten investment payback periods. Over the course of more than a year, UL Solutions conducted a rigorous evaluation of the Feicheng project based on strict performance standards,' said Chen Chi, product manager in the Energy and Industrial Automation group at UL Solutions. 'The system has consistently shown optimal efficiency and cycle life, and low auxiliary power consumption throughout the monitoring period. These outcomes indicate a solid level of technical integration and reliable performance under real-world conditions.' About Trinasolar (688599. SH) Founded in 1997, Trinasolar Co Ltd (stock symbol: Trinasolar; stock code: 688599) is engaged mainly in PV products, PV systems and smart energy. PV products include R&D, production and sales of PV modules. PV systems consist of power stations and system products. Smart energy comprises mainly PV power generation and operations and maintenance, smart solutions for energy storage, smart microgrid, and development and sales of multi-energy systems. We are committed to leading the way in smart PV and energy storage solutions and facilitating the transformation of new power systems for a net-zero future. On June 10, 2020, Trinasolar was listed on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange (SSE). It was the first PV and energy storage company to go public on the STAR Market providing PV products and systems, as well as smart energy.
