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UL Solutions expands ULTRUS software platform for sustainable practices
UL Solutions expands ULTRUS software platform for sustainable practices

Business Insider

time7 days ago

  • Business
  • Business Insider

UL Solutions expands ULTRUS software platform for sustainable practices

UL Solutions (ULS) announced several new ULTRUS software releases. The ULTRUS software platform by UL Solutions includes offerings designed to help customers worldwide manage complex regulations, heighten product safety, operationalize sustainable practices and improve speed to market. UL Solutions launched its new Purchased Goods and Services module on the ULTRUS software platform. This module, part of the UL 360 Environmental, Social and Governance and Sustainability platform, simplifies Scope 3, Category 1 emissions data management and reporting. Scope 3, Category 1 emissions include goods and services that organizations purchase from their suppliers. UL Solutions also introduced new capabilities to its UL 360 ESG and Sustainability software's ESG Disclosures module to enable data management for International Sustainability Standards Board disclosures. Windnavigator software, part of the ULTRUS software platform, has a new AI feature called Windnavigator Resource Data and Maps which offers maps and data for developers to find suitable wind farm sites and plan the initial project steps. UL Solutions also introduced AI capabilities for automated learning content generation to its LearnShare software, which enables training and development professionals to create learning quizzes and transcriptions faster via large language models. Don't Miss TipRanks' Half-Year Sale

UL Solutions Expands Software Platform for Business Growth and Sustainable Practices with the Latest ULTRUS ™ Software Releases
UL Solutions Expands Software Platform for Business Growth and Sustainable Practices with the Latest ULTRUS ™ Software Releases

Business Wire

time09-07-2025

  • Business
  • Business Wire

UL Solutions Expands Software Platform for Business Growth and Sustainable Practices with the Latest ULTRUS ™ Software Releases

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced several new ULTRUS software releases that further help companies ensure their compliance and make important progress in sustainability. The ULTRUS software platform by UL Solutions includes offerings designed to help customers worldwide manage complex regulations, heighten product safety, operationalize sustainable practices and improve speed to market. The releases address per- and polyfluoroalkyl substances (PFAS), also known as forever chemicals; Scope 3, Category 1 emissions; wind farm planning, including a mapping feature with artificial intelligence (AI) capabilities for wind energy professionals; and other challenges. 'UL Solutions is staying ahead of the evolving needs of our customers with our powerful new ULTRUS software releases,' said John Genovesi, executive vice president and president of Software and Advisory at UL Solutions. 'These new capabilities are providing our customers with expertise to help manage evolving regulatory requirements, deliver transparency across complex global supply chains and take action on sustainability. ULTRUS software further complements our testing, inspection and certification services.' Many top retailers rely on UL Solutions' WERCSmart ®, an essential part of ULTRUS software, to help manage the safe handling, storage, transport and disposal of products while mitigating risks of noncompliance. UL Solutions recently enhanced WERCSmart ® to help retailers identify PFAS in the products put on retail shelves and collect product documentation from manufacturers to enhance product safety and help protect the environment. PFAS are common substances used to make products resistant to stains or water, but they can linger in the environment and pose hazards to humans and animals. UL Solutions launched its new Purchased Goods and Services module on the ULTRUS software platform. This module, part of the UL 360 Environmental, Social and Governance (ESG) and Sustainability platform, simplifies Scope 3, Category 1 emissions data management and reporting. Scope 3, Category 1 emissions include goods and services that organizations purchase from their suppliers. Managing this type of data is complex for organizations that work with global suppliers and large datasets that may be fragmented or in inconsistent formats. The new module helps organizations set targets, streamline reporting, and drive meaningful sustainability and financial resilience in a changing global economy. UL Solutions also introduced new capabilities to its UL 360 ESG and Sustainability software's ESG Disclosures module to enable data management for International Sustainability Standards Board (ISSB) disclosures. ULTRUS software users can pull data from the UL 360 platform directly into the module to manage ISSB requirements, providing a data source and audit trail for disclosed values. Legislation based on the ISSB standards is in force or under consideration in many jurisdictions, including Australia, Brazil, China, Hong Kong, Japan, Singapore and the U.K. Windnavigator software, part of the ULTRUS software platform, has a new AI feature to help wind energy professionals. This tool, called Windnavigator Resource Data and Maps, offers high-quality maps and data, making it easier for developers to find suitable wind farm sites and plan the initial project steps, leading to informed decisions about renewable energy options. UL Solutions also introduced AI capabilities for automated learning content generation to its LearnShare™ software, which enables training and development professionals — including human resources and environmental, health and safety professionals — to quickly and easily create learning quizzes and transcriptions faster via large language models. Last year, UL Solutions launched its ULTRUS software platform, uniting its flagship software to help customers meet regulatory, supply chain and sustainability challenges. Learn more about UL Solutions' software and advisory offerings and expertise at About UL Solutions A global leader in applied safety science, UL Solutions (NYSE: ULS) 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 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. Source Code: ULS-IR

UL Solutions and OpenEngagement Join Forces to Lead Australia Company Compliance with New Climate Laws
UL Solutions and OpenEngagement Join Forces to Lead Australia Company Compliance with New Climate Laws

Yahoo

time10-02-2025

  • Business
  • Yahoo

UL Solutions and OpenEngagement Join Forces to Lead Australia Company Compliance with New Climate Laws

The relationship will help enterprises in Australia provide required climate-related reporting, including greenhouse gas emissions across the supply chain NORTHBROOK, Ill., February 10, 2025--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, and OpenEngagement, an independent stakeholder engagement and corporate governance advisory firm, today announced a relationship to help Australian companies navigate and comply with the country's new mandatory climate reporting requirements. The relationship will leverage UL Solutions' expertise in environmental, social and governance (ESG) advisory services, data management and software solutions, including the UL Solutions ULTRUS™ software portfolio, encompassing centralized and unified digital offerings to help customers manage regulatory, supply chain and sustainability challenges. OpenEngagement will provide strategic guidance and support to customers throughout the reporting process, helping them to address climate-related risks and opportunities. "Strong ESG performance is now a strategic imperative for long-term business success," said Ken Wilson, Australasia regional director at UL Solutions. "With the new climate law in Australia, the evolving regulations, like the Corporate Sustainability Reporting Directive, and a dynamic global ESG landscape, organizations must demonstrate transparency, attract responsible investors and build sustainable operations. Our new relationship with OpenEngagment will allow us to serve customers better and further complement our comprehensive suite of ESG verification services and software, including our UL 360 ESG data management software, part of ULTRUS™ software, that helps businesses simplify the complexities of ESG excellence." Australia's recent passage of the Treasury Laws Amendment bill introduces mandatory climate-related reporting for large and medium-sized companies, including disclosures on climate-related risks and opportunities and greenhouse gas emissions across the supply chain. This legislation marks a significant step toward enhancing climate transparency and accountability in the Australian market. "OpenEngagement is thrilled to be chosen as UL Solutions' strategic partner for ESG and sustainability reporting in Australia," said Brendan Henry, CEO of OpenEngagement. "We founded OpenEngagement on the premise that we would only offer solutions that provide real value to our customers. With the 2025 enactment of mandatory climate-related reporting requirements, the combination of the award-winning UL 360 ESG data management software and proven pre-assurance methodologies provides an impactful solution." UL Solutions also delivers enterprise sustainability services and other verification-related services, such as environmental product declarations and zero-waste-to-landfill claim validation services. UL Solutions' ESG advisory and assurance services recently earned the company recognition as an Innovator in the Verdantix Green Quadrant: ESG and Sustainability Assurance Services 2024 report for strong technical expertise in assurance over environmental metrics — particularly carbon emissions — as well as a comprehensive portfolio of assurance services and support for manufacturing firms with complex supply chains. In addition, the ULTRUS™ software platform, which also provides environmental, health and safety (EHS) services, earned recognition in the Verdantix Green Quadrant: EHS Software 2025 report — the first time as a unified software platform — for helping companies meet the increasing demand of ESG and sustainability regulations and providing scalable tools to help large enterprises tackle global compliance challenges. About UL SolutionsA 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 OpenEngagementOpenEngagement is an independent stakeholder engagement and corporate governance advisory firm based in Sydney, Australia, and is prominent throughout Australasia. View source version on Contacts Media: Tyler KhanUL SolutionsULNews@ T: +1 (847) 664.2139 Steven BrewsterUL SolutionsULNews@ T: +1 (847) 664.8425 Sign in to access your portfolio

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