Double Materiality in the Context of the CSRD: A Key Compliance Requirement for Companies
The concept of “double materiality” has become central to corporate sustainability reporting.
Tag Archive for: CSRD
Challenges Companies Face When Collecting Data for CSRD Compliance
The EU’s Corporate Sustainability Reporting Directive (CSRD) represents a significant shift in how companies must approach sustainability…
Pollutant Tradeoffs – How Fuel Desulfurization May Be Exacerbating Climate Change
In March of 2003, the terrorized entities in charge of the rebuilding of the destroyed World Trade Center complex in Lower Manhattan…
Unlocking the Financial Benefits of Sustainable Design and Construction Practices
Adopting clean construction practices not only promotes environmental sustainability but also provides substantial financial benefits for construction and sustainability professionals.
Will you be ready to submit your Chronically Leaking Appliance (CLA) report to the EPA next month?
Will you be ready to submit your Chronically Leaking Appliance (CLA) report to the EPA next month?
Emerging Trends in Refrigerant Management
Facility owners should consider several emerging trends in refrigerant management to ensure compliance with regulations…
Does your US business need to begin tracking data for CSRD?
Starting in January 2025, U.S. companies may need to begin tracking and reporting a wide range of ESG data…
Upcoming EU CSRD Directive: Preparing for the Future of Sustainability Reporting
This article will explore the CSRD’s essential components and guide companies in navigating this complex new landscape.
Tag Archive for: CSRD
Locus Technologies Refrigerant Management Software Featured in Article by TriplePundit
As Global Efforts to Reduce Refrigerant Emissions Gain Momentum, This Software Helps Companies Track Their Use
With a global shift toward natural refrigerants and other alternatives underway — including stricter government regulation in some countries — tracking refrigerants is a matter of economic necessity and regulatory compliance.
To help companies make the transition, Locus Technologies launched software that tracks refrigerant use, accurately manages refrigerant phasedowns and prevents excess emissions. The Locus Refrigerant Management software also sends alerts when the amount of refrigerant that is supposed to be used is exceeded, detects leaks and creates leak response protocols.
Locus Technologies Scores in Top 3 out of 200+ Software Companies
Third-party analysts’ “Smart Innovators” report compares vendor maturity across 10 functional areas of Environmental, Social and Governance reporting.
MOUNTAIN VIEW, Calif., February 18, 2025 —Locus Technologies, the sustainability and Environmental Health and Safety (EHS) compliance software leader, today announced that its CSRD and ESG reporting software was a top performer in the “Smart Innovators: ESG & Sustainability Reporting and Data Management Software (2025)” report published by Verdantix. The companies featured in the analysis were evaluated for their maturity in 10 key functional categories. Locus CSRD and ESG software was acknowledged for its “market-leading functionality, with differentiated offering” or “strong functionality” in all categories, resulting in the third highest performance overall.
Of the 200+ software companies originally considered for the report, only 38 met the baseline criteria, including the ability to deliver across E, S and G metrics and to support large enterprises with at least $1 billion in revenue.
“As a small company doing big things under the radar every day, we are pleased to be acknowledged by Verdantix for our accomplishments in the ESG software space,” said Neno Duplan, founder and CEO of Locus Technologies. “Drawing upon nearly 30 years of smart innovation, Locus has become the only rated company that also leads in the adjacent markets for EHS compliance, water quality and mass balance, radionuclides compliance, clean construction, and refrigerant management – which enables us to deliver a single, integrated platform for all types of environmental data and compliance activities: from sampling to sustainability.”
This recognition highlights Locus’s critical role in helping organizations navigate an ever-evolving global regulatory landscape. The unified Locus Platform has been adopted by large and diverse organizations like Port Authority of New York and New Jersey, Los Alamos National Laboratory, and Chevron to seamlessly manage, report on, and succeed in their global EHS compliance, ESG, and sustainability initiatives.
The Verdantix report informs enterprise software purchasing decisions for ESG and evaluates vendors on product maturity in key areas like data collection and verification, double materiality, reporting, and workflows.
To learn more about Locus CSRD and ESG software and recent implementations in the US and abroad, please visit www.locustec.com.
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 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 Sempra, Corteva, Chevron, DuPont, Chemours, San Jose Water Company, The Port Authority of New York and New Jersey, Port of Seattle, and Los Alamos National Laboratory, have selected Locus. Locus is headquartered in Mountain View, California. For further information regarding Locus and its commitment to excellence in SaaS solutions, please visit www.locustec.com or email info@locustec.com.
Locus Technologies and Sophare AI announce partnership to integrate compensation analytics into leading CSRD and ESG software platform
After securing a leadership position in “E,” Locus strengthens “S” offerings in ESG
MOUNTAIN VIEW, Calif., January 28, 2025 —Locus Technologies, the sustainability and Environmental Health and Safety (EHS) compliance software leader, proudly announces its strategic partnership with Sophare AI to tackle one of the most complex aspects of ESG: social and pay equity. This collaboration will empower organizations worldwide to address pressing regulatory and ethical challenges through innovative technology and unparalleled domain expertise–without jumping between multiple ESG apps and platforms, which adds time and expense to the disclosure process.
As part of this partnership, Sophare will extend Locus’s ESG software platform with new capabilities designed to address three critical areas:
- European Union Pay Transparency Directive Compliance: Sophare’s AI-powered tools help organizations navigate and comply with the EU’s directive, which mandates companies with 100+ employees to disclose gender pay gaps and provide transparent pay structures by 2026.
- Global Gender Pay Gap Reporting: With reporting requirements spreading across the EU, UK, Australia, and beyond, Sophare centralizes reporting of multi-jurisdictional compliance and uses AI and automation to streamline reporting.
- Alignment with the UN’s Sustainable Development Goal (SDG) 5: Sophare AI empowers companies to align with SDG 5 by shining a light on data related to gender equality in leadership and employee compensation.
“This partnership aligns with Locus’s track record of working with professionals who bring deep domain expertise,” said Dr. Zvonimir Dadić, head of the CSRD Practice Group for Locus Technologies Europe. “Sophare’s founding team combines technical chops with a thoughtful approach to legal compliance, and we are pleased to be able to offer our clients this streamlined path to compliance.”
Sophare AI CEO, Siena Duplan, brings a decade of experience developing pay equity algorithms as a data scientist for Salesforce, one of the world’s leading Fortune 500 companies. Sophare’s co-founder and CTO has led a distinguished career in the UK Civil Service and brings extensive engineering experience developing services in hand with legal, compliance, and policy teams. Together, Sophare AI and Locus Technologies will pursue their shared commitment to sustainability and equity, driven by data science.
“Compliance in HR is often seen as a box-ticking exercise, but it’s actually a gateway to bringing organizations into the era of AI,” said Duplan. “HR compliance in particular is a prime opportunity to tap into AI and automation for both significant productivity gains and to deliver a transparent workplace where employees can thrive. Our next-gen data solutions put social and pay equity on par with financial and environmental health.”
This partnership underscores Locus’s commitment to creating an integrated, end-to-end ESG software solution that stays ahead of a rapidly evolving regulatory landscape and helps organizations surmount the biggest obstacles to compliance. Together, Locus and Sophare are transforming the “S” in ESG into a driver for meaningful, measurable impact. To learn more about Locus’s CSRD and ESG software, including the new Sophare AI functionality, please contact us.
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 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 Sempra, Corteva, Chevron, DuPont, Chemours, San Jose Water Company, The Port Authority of New York and New Jersey, Port of Seattle, and Los Alamos National Laboratory, have selected Locus. Locus is headquartered in Mountain View, California. For further information regarding Locus and its commitment to excellence in SaaS solutions, please visit https://www.locustec.com or email info@locustec.com.
About Sophare AI
Sophare AI uses advanced data analytics and machine learning to help organizations achieve lasting pay equity and comply with global pay transparency regulations. Sophare takes a thoughtful approach to legal compliance and business practices, relying on deep expertise in employment laws and regulations across different countries. The company carefully analyzes these requirements to develop the best data models and strategies to help customers meet compliance standards. Deciding how to adapt its services and operations to meet legal requirements is a core part of how Sophare operates. Sophare currently supports global gender pay gap reporting and other cross-border HR compliance requirements. Sophare AI is also seeking partners to co-develop an AI-driven workforce scenario planning tool. Sophare AI is headquartered in San Francisco, California. Please visit sophare.ai or email team@sophare.ai for more information.