UL Solutions Launches New UL 360 Features and Content to Support Compliance with New EU Sustainability Reporting Requirements
04 Junio 2024 - 8:00AM
Business Wire
UL Solutions releases powerful new features and content on its
UL 360 software ESG Disclosure module, which help companies
navigate the EU’s disclosure requirements and prepare for audits
and verification.
UL Solutions (NYSE: ULS), a global leader in applied safety
science, today announced new UL 360 software features and content
that help companies comply with the European Union’s (EU) new
sweeping sustainability reporting requirements, known as the
Corporate Sustainability Reporting Directive (CSRD).
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240604292247/en/
UL Solutions announced new UL 360
software features and content that help companies comply with the
European Union’s new sweeping sustainability reporting
requirements, known as the Corporate Sustainability Reporting
Directive (CSRD). (Photo: Business Wire)
These are the first new software features and content launched
under the ULTRUS™ brand, UL Solutions’ software portfolio designed
to help customers worldwide improve safety and sustainability.
CSRD reporting can be a significant undertaking, requiring
extensive, complex and costly data analysis for companies and their
supply chains. The new CSRD features and content in UL 360 and its
ESG Disclosure module track companies’ environmental, social and
governance (ESG) data points against the CSRD’s requirements in an
audit-ready way, helping customers save time and money and
preparing them for the CSRD’s mandatory verification
requirements.
“Sustainability reporting is evolving, and many companies must
now adapt to the shift from voluntary to regulated disclosure,”
said John Genovesi, executive vice president and president of the
Software and Advisory group at UL Solutions. “Our new CSRD
disclosure features and content in UL 360 and its ESG Disclosure
module are designed to help companies make this transition and
successfully navigate new and emerging sustainability challenges,
expectations and requirements.”
Companies around the world are increasingly facing new
regulatory requirements, including CSRD, a mandatory and complex
regulation for many companies that conduct business in the EU. The
CSRD applies to many EU and non-EU companies that have significant
business in the EU. It widens the scope of sustainability
reporting, requiring detailed information about sustainability
risks and opportunities and increasing the number of companies that
must disclose.
The CSRD expands on previous sustainability regulations outlined
in the EU’s Non-Financial Reporting Directive (NFRD). Approximately
11,700 large companies already within the scope of the EU NFRD will
be required to file disclosures for the 2024 financial year. It is
estimated that, by 2028, over 50,000 companies with significant
business in the EU, regardless of the location of their
headquarters, will be obligated to disclose under the CSRD.
Learn more about UL Solutions CSRD advisory, software and
verification services.
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 100 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240604292247/en/
Tyler Khan UL Solutions ULNews@UL.com T: +1 (847) 664.2139
Steven Brewster UL Solutions ULNews@UL.com T: +1 (847)
664.8425
UL Solutions (NYSE:ULS)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
UL Solutions (NYSE:ULS)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024