Locus Technologies Expands SaaS Platform to Aid Companies in Compliance with EU CSRD Regulations
SAN FRANCISCO, Calif., Jan. 9, 2024 — Locus Technologies, (Locus), a trailblazer in Environmental, Health, and Safety (EHS) and Environmental, Social, and Governance (ESG) software solutions, proudly announces expansion of its ESG application to include support for the requirements of the new European Union Corporate Sustainability Reporting Directive (EU CSRD).
The EU CSRD mandates increased transparency and accountability in corporate reporting, focusing on sustainability metrics, environmental impact, and social responsibility. In response to these emerging regulations, Locus has developed a comprehensive application, seamlessly integrated into its award-winning Locus Platform, to assist companies in efficiently adhering to the EU CSRD guidelines.
Neno Duplan, CEO and Founder of Locus emphasized the significance of this innovative solution, stating, “The support for EU CSRD requirements underscores our commitment to empowering businesses with the tools necessary to navigate complex regulatory landscapes. With the EU CSRD regulations presenting new challenges, our platform’s capabilities will enable companies to streamline their reporting processes while fostering a culture of sustainability and accountability.”
The expanded application integrates robust features tailored to simplify data collection, streamline reporting workflows, and enhance compliance management. It continues to unify vertical applications via the single horizontal platform to help customers avoid multiple data inputs and promote the concept of input once and use many times. By leveraging advanced analytics and automation, Locus aims to facilitate seamless adherence to the EU CSRD requirements, enabling organizations to concentrate on sustainable business practices and operational excellence.
The CSRD will require companies to report against the European Sustainability Reporting Standards (ESRS). Many disclosures required under ESRS are data intensive and require companies to gather thousands of data points. For some companies, disclosure requirements begin as early as 2025. Non-compliance can result in financial and administrative penalties.
With a proven track record in providing leading-edge EHS and ESG software solutions, Locus continues to spearhead advancements in compliance, sustainability, and corporate responsibility across diverse industries and geographies.
About Locus Technologies
Locus Technologies, the global environmental, social, governance (ESG), Sustainability, and EHS Compliance software leader, empowers companies of every size and industry to be credible with ESG reporting. From 1997 Locus Technologies pioneered enterprise software-as-a-service (SaaS) for EHS Compliance, water management, and ESG credible reporting. Locus apps and software solutions improve business performance by strengthening risk management and EHS for organizations across industries and government agencies. Organizations ranging from medium-sized businesses to Fortune 500 enterprises, such as Chevron, Sempra, Corteva, DuPont, Chemours, San Jose Water Company, The Port Authority of New York and New Jersey, Port of Seattle, Onto Innovations, and Los Alamos National Laboratory, have selected Locus.
Locus Technologies’ headquarters is in Mountain View, California.
For further information regarding Locus Technologies and its commitment to excellence in SaaS solutions, please visit www.locustec.com or email info@locustec.com.
Locus Technologies Leads Industry in Safeguarding Customer Data with Renewal of SOC 1 and 2 Examinations
SAN FRANCISCO, Calif., Dec. 20, 2023 — Locus Technologies, (Locus), a trailblazer in cloud computing enterprise software for environmental, energy, air, ESG (Environmental, Social, and Governance), sustainability, water, and compliance management, proudly announces the successful completion of the System and Organization Controls (SOC) 1SM and 2SM examinations. These examinations reaffirm Locus’s unwavering dedication to maintaining exceptional standards in financial reporting management and overall system integrity, setting it apart from its competitors.
Conducted by A-Lign, a respected CPA firm, the comprehensive examination has once again validated Locus Technologies’ unparalleled commitment to stringent industry standards. The resulting CPA report attests to the company’s relentless focus on robust controls and procedures, ensuring the security, availability, processing integrity, confidentiality, and privacy of its Software as a Service (SaaS) system, placing it at the forefront of data protection in the industry.
Neno Duplan, Founder and CEO at Locus Technologies, expressed pride in the company’s continued strides in data security, stating, ‘Our successful compliance renewal further solidifies our position as an industry leader, showcasing our commitment to safeguarding our clients’ invaluable data. In our 27-year history as SaaS company we had no breaches of customer data’.
Locus’ consistent possession of these certifications since 2012 signifies the company’s steadfast dedication to excellence and its role as a standard-bearer for EHS Compliance and ESG software in providing a secure, dependable, and market-tested SaaS platform.
The recent examination by A-Lign not only reaffirms Locus Technologies’ position along with its Amazon Web Services (AWS) partner as an industry leader in cloud-based enterprise software but also underscores the company’s proactive approach to ensuring the highest levels of service quality and data protection for its global clientele, positioning it far ahead of its competitors.
Customers can remain assured of Locus’ unwavering commitment to delivering superior SaaS solutions and maintaining the security and reliability of customer data. For a company to receive SOC certification, it must have sufficient policies and strategies that satisfactorily protect customer’s data. SOC 1and SOC 2 certifications all require a service organization to display controls regulating their interaction with customers and customer data.
Locus leads the industry in providing cloud computing enterprise software for environmental, energy, air, ESG, sustainability, water, and compliance management. The company’s dedication to technological advancement and unparalleled data security ensures it delivers cutting-edge solutions that surpass industry standards and positions it as an industry leader in setting new benchmarks for safeguarding customer data.
About Locus Technologies
Locus gives businesses the power to be green on demand and has pioneered web-based environmental software suites. Locus software enables companies to organize and validate all critical environmental information in a single system, which includes analytical data for water, air, soil, greenhouse gases, sustainability, compliance, and environmental content. Locus software is delivered through Cloud computing (SaaS), so there is no hardware to procure, no hefty up-front license fee, and no complex set-ups. Locus also offers services to help implement and maintain environmental programs using our unique technologies.
For further information regarding Locus Technologies and its commitment to excellence in SaaS solutions, please visit www.locustec.com or email info@locustec.com.
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Locus Technologies
299 Fairchild Drive
Mountain View, CA 94043
P: +1 (650) 960-1640
F: +1 (415) 360-5889
Locus Technologies provides cloud-based environmental software and mobile solutions for EHS, sustainability management, GHG reporting, water quality management, risk management, and analytical, geologic, and ecologic environmental data management.