Upcoming changes to regulatory reporting requirements drive new solutions
SAN FRANCISCO, Calif., 27 April 2009 — Locus Technologies (Locus), the industry leader in web-based environmental compliance and information management software, today announced a development relationship with Ecotek, a leader in helping industry navigate the complexities of Federal and State air and greenhouse gas (GHG) regulation compliance reporting.
The environmental industry is at a critical point in determining how businesses, government agencies, and community organizations respond to unprecedented legislative mandates to reduce greenhouse gas to curb global warming. The California Air Resources Board recently adopted the proposed Scoping Plan for implementing AB32, the California Global Warming Solutions Act. And, the U.S. Environmental Protection Agency recently proposed the first comprehensive national system for reporting emissions of carbon dioxide and other greenhouse gases produced by major sources in the United States, the Federal Mandatory GHG reporting Rule.
Business will be required to provide the best possible environmental information and Locus and Ecotek are teaming to make that possible. Progressive companies should be acting now to prepare. Locus is a leader in cloud computing solutions for the environmental industry. Historically, Locus has emphasized environmental data management for complex analytical data with their Environmental Information Management (EIM) system, used by Fortune 100 companies to manage environmental data and risk. Locus’ ePortal is the industry’s first on-demand environmental software that automates environmental information management workflows, compliance, and reporting at enterprise level through Locus’ Software as a Service (SaaS) environmental software offerings. Locus’ ePortal already offers eEHS, a streamlined enterprise corporate sustainability and CSR (Corporate Social Responsibility) tracking application that includes Scope 1 and Scope 2 GHG emissions tracking and key Global Reporting Initiative (GRI) environmental and labor indicators. GRI is independent institution (started in 1997 by the Coalition for Environmentally Responsible Economies (CERES) and became independent in 2002) whose mission is to develop and disseminate globally applicable Sustainability Reporting Guidelines. The GRI is an official collaborating centre of the United Nations Environment Programme (UNEP). The GRI performance indicators are grouped under three sections covering the economic, environmental, and social dimensions of sustainability.
CSR, corporate sustainability and corporate governance collectively are shaping the identity of organizations and are therefore increasingly integrated into the business strategy of successful corporations. Consequently, the field of responsible business strategy and practice is becoming one of the most dynamic and challenging subjects corporations are facing today and possibly one of the most important ones for shaping the future of the world.
Ecotek is a key player in development and support of air emission and air regulatory reporting software and provides expert air compliance consulting services to a strong base of private sector companies and public agencies. Ecotek’s areas of expertise include EPA Title V and California Air Quality Management District (AQMD) Annual Emissions Reports (AER) and upcoming Greenhouse gas (GHG) regulations. Ecotek is a Climate Action Leader with the California Climate Action Registry and a founding member of The Climate Registry.
“Locus’ eEHS application, in use since 2004, was already tracking the Scope 1 and Scope 2 GHG emissions and GRI sustainability indicators as well as calculating carbon footprint for customers. It was natural to take the next step and round out the offering by covering the current (AB32) and proposed (Federal) air quality indicators and GHG reporting requirements expected later this year,” said Locus President and CEO, Neno Duplancic. “Locus selected Ecotek based on their superior qualifications and deep domain expertise in both old and new air regulatory reporting requirements and their excellent reputation with the California South Coast AQMD, as evidenced by their twelve year relationship providing support for that agency.”
“Ecotek is excited to work with Locus on enhancing their popular on-demand software suite,” said Ecotek President, Natasha Meskal. “We have long believed that the advantages of SaaS software applied to air emissions reporting was a perfect match and would offer a wide range of users subject to State and Federal regulations an easier and better way to comply with the current and future requirements, which are only getting more complex.”
“Business owners have so much on their plates to comply with requirements and keep up with regulatory changes, having an easy online tool to streamline that process for all their various reporting needs will be a huge benefit.” concluded Meskal.
ABOUT ECOTEK
Ecotek is a leading environmental engineering company providing environmental compliance consulting services and information technology solutions to a strong base of private sector companies and public agencies. Ecotek specializes in the design and implementation of strategies that provide practical compliance and emission reduction solutions that are not only cost effective, but also improve process efficiency and allow businesses to optimize their growth potential. Ecotek manages data to minimize the regulatory impact, by the development and implementation of a customized, proactive compliance programs, applying technological innovations. Ecotek is a Climate Action Leader with the California Climate Action Registry and a founding member of The Climate Registry.
For more information, visit www.locustec.com or contact Ms. Marian Carr at (650) 960-1640.