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…
The EU’s Corporate Sustainability Reporting Directive (CSRD) represents a significant shift in how companies must approach sustainability…
In March of 2003, the terrorized entities in charge of the rebuilding of the destroyed World Trade Center complex in Lower Manhattan…
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?
Facility owners should consider several emerging trends in refrigerant management to ensure compliance with regulations…
In December of 2024, Dan Ducasse, Locus Technologies’ longest-serving employee retired after contributing to the company’s growth and evolution for 28 years.
Starting in January 2025, U.S. companies may need to begin tracking and reporting a wide range of ESG data…
With our industry-leading tools and commitment to innovation, Locus is your partner for navigating the future of PFAS compliance.
Choosing the right Environmental, Health, and Safety (EHS) software is critical for organizations aiming to enhance compliance, manage risks, and streamline safety processes.
Continue reading to learn more about each Locus support team member’s unique qualifications and interests.
MOUNTAIN VIEW, Calif., July 30, 2024 —Locus Technologies, the only science-driven software company at the nexus of sustainability and Environmental, Health, and Safety (EHS) compliance, today announced the successful completion of its Type 2 SOC 1® and Type 2 SOC 2® audits as of July 5, 2024, for the period of July 1, 2023, to June 30, 2024. The company considers these more rigorous “type 2” audits and the subsequent third-party attestation reports to be further evidence of its leadership, integrity, and security in the EHS software and ESG reporting markets.
The SOC 1 and SOC 2 audits were conducted by leading compliance assessor A-LIGN, a technology-enabled security and compliance partner trusted by more than 2,500 global organizations to help mitigate cybersecurity risks.
“Organizations are drowning in ‘Big-environmental-Data’ and inadequate spreadsheets and home-built databases, so they are eager to move to an EHS Software-as-a-Service (SaaS) they can trust,” said Neno Duplan, Founder and CEO of Locus. “Our Type 2 SOC 1 and Type 2 SOC 2 verifications give companies the confidence they need to make the move to Locus, especially amid cybersecurity threats and an unstable climate of corporate consolidation in the EHS and ESG software markets. Locus remains independent—and independently verified.”
By adhering to the stringent requirements of System and Organization Controls (SOC) audits, Locus demonstrates its commitment to protecting sensitive customer data against cyber threats and operational failures. This builds trust with customers, assuring them that their data is secure and managed according to the highest industry standards and helps Locus comply with various regulatory requirements.
“Locus prides itself on helping customers be accurate and credible in their environmental, health, and safety monitoring and reporting. This is particularly true for ESG reporting where greenwashing is clouding the credibility of reporting. Earning current third-party validation of our own processes is an important way to demonstrate our credibility in the market,” continued Duplan.
Established by the American Institute of Certified Public Accountants (AICPA), SOC 1 is an examination of controls at a service organization that are likely to be relevant to user entities’ internal control over financial reporting; the SOC 2 examination is designed for organizations of any size, regardless of industry and scope, to ensure the personal assets of their potential and existing customers are protected. SOC reports are recognized globally and affirm that a company’s infrastructure, software, people, data, policies, financials, procedures, and operations have been formally reviewed.
“Congratulations to Locus Technologies for completing their SOC 1 and SOC 2 audits, a widely recognized signal of trust and security,” said Steve Simmons, COO of A-LIGN. “It’s great to work with organizations like Locus who understand the value of expertise in driving an efficient audit and the importance of a high-quality final report.”
If you are interested in viewing Locus Technologies’ SOC 1 or SOC 2 reports, please contact info@locustec.com. For more information about Locus EHS software, please visit us at www.locustec.com.
ABOUT LOCUS TECHNOLOGIES
Locus Technologies is the only scientist-driven software company at the nexus of analytical and field data management, Environmental, Health, and Safety (EHS) compliance, and sustainability. Locus software manages air, water, waste, energy, emissions, site, and incident data within a configurable platform for risk mitigation and regulatory reporting. The company’s work in embodied carbon, CO2 emissions, refrigerants, and PFAS raises the bar in Environmental, Social, and Governance (ESG) disclosures. And with industry-leading methods for data intake, queries, validation, tracking, visualization, and tasking, Locus is uniquely suited for the most complex or consequential operations — where accuracy and credibility cannot be compromised. Founded in 1997, Locus software now supports 1.3 million sites and 500 million real-time records for nuclear, chemical, petroleum, manufacturing, water utilities, environmental consulting firms, and U.S. Department of Energy facilities such as Los Alamos National Laboratory. Locus Technologies is headquartered in Silicon Valley in California. To learn more, visit www.locustec.com.
MOUNTAIN VIEW, Calif., May 21, 2024 —Locus Technologies (Locus), the pioneer in water, Environmental, Health, and Safety (EHS) compliance and Environmental, Social, and Governance (ESG) software solutions, and NREP are proud to announce a strategic partnership to promote their complementary offerings to organizations and their EHS and Facility professionals.
Established in 1987, NREP has been certifying qualified professionals for over 35 Years and is the foremost not-for-profit organization in the environmental and safety industries. NREP is committed to providing professional growth through certification and offers multiple programs to provide global recognition for professionals based upon their education, field knowledge, and professional attributes. NREP’s mission aligns perfectly with the core values of Locus, who have provided software backed by certified environmental professionals for over 27 years.
As part of this partnership, Locus and NREP are offering Certified Refrigerant Compliance Manager (CRCM) certification, designed to recognize a professional’s competence for managing refrigerant compliance within an organization. A CRCM candidate will gain the skills and knowledge to coordinate and manage environmental and safety compliance related to: EPA required record keeping and reporting; refrigerant purchasing; handling and use, storage, and disposal.
CRCM – Certified Refrigerant Compliance Manager Certification is designed to recognize a professional’s competence for managing refrigerant compliance within an organization. A CRCM candidate should possess the skills and knowledge to coordinate and manage environmental and safety compliance related to: EPA required record keeping and reporting; refrigerant purchasing; handling and use, storage, and disposal.
To register and pay for the NREP CRCM Workshop, visit www.nrep.org to download the Application Form.
For further information regarding Locus Technologies and its commitment to excellence in SaaS solutions, please visit www.locustec.com or email info@locustec.com.
MOUNTAIN VIEW, Calif., April 9, 2024 — Locus Technologies, the leading Environmental Health and safety (EHS) Compliance and Environmental, Social, and Governance (ESG) software provider, was awarded a contract with The Port Authority of New York and New Jersey to expand its system of records for sustainability and waste programs offered through Software as a Service (SaaS), Locus announced today.
The expansion will include a comprehensive application to capture operational and organizational greenhouse gas (GHG) and criteria air pollutant (CAP) emission inventories from all Port Authority activities. This application will expand the Port Authority’s current Locus applications for construction sustainability and waste management. The expanded applications will replace spreadsheet-based inventory programs. Scopes 1, 2, and 3 emissions will be captured from direct fuel usage, indirect energy purchases, trains, aircraft, ships, trucks, construction equipment, building operations, and others. Locus provides clients powerful software tools to track and manage various emissions streams.
“We are excited that the Port Authority selected Locus Technologies for their ambitious goal of tracking all carbon emissions, including all construction activities. We provide the software solution they need to fit their business processes across all facilities for carbon emissions management with the ability to incorporate other EHS and Sustainability data on the same unified platform in the future,” said Neno Duplan, CEO of Locus.
“The Port Authority has ambitious goals to cut our agency’s operating emissions by 50% by 2030 and to achieve net zero for all emissions by 2050,” said Christopher Diamond, Director of the Office of Sustainability. Utilizing Locus’s software will help us manage our emissions data more efficiently and allow us to easily monitor trends so that we can meet our goals.”
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 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.
SAN FRANCISCO, Calif., March 18, 2024 — Locus Technologies, (Locus), the pioneer in water, Environmental, Health, and Safety (EHS) compliance and Environmental, Social, and Governance (ESG) software solutions, proudly announces that Mark Harbin, veteran refrigerant compliance expert, joined Locus to lead product development for refrigerant management and to provide refrigerant management guidance, training, and certification.
With over three decades of refrigerants and environmental stewardship expertise, Mark Harbin brings knowledge and leadership to Locus. His extensive background includes pivotal roles spearheading compliance services and managing refrigerant compliance software products. Harbin has also significantly contributed to industry giants such as Honeywell International, Carrier, and York International.
At Locus, Mark Harbin will steer the development of innovative solutions for refrigerant management while providing expert guidance, training, and certification in this critical area. His track record of shaping comprehensive product roadmaps and fostering technological innovation aligns perfectly with Locus’ commitment to advancing sustainability efforts through cutting-edge software solutions.
Locus President Wes Hawthorne commented on the appointment, “We are thrilled to welcome Mark Harbin to our team. His deep expertise in refrigerant management and proven track record of driving product innovation will be instrumental as we continue to empower our clients with best-in-class EHS and ESG solutions.”
Mark Harbin expressed his enthusiasm for joining Locus, stating, “I am honored to join Locus Technologies and contribute to developing solutions that address pressing environmental challenges. I look forward to leveraging my experience to drive impactful change and further advance sustainability efforts within the industry.”
“We are very excited to have Mark join our team. Refrigeration and air conditioning cause up to 10 percent of global carbon emissions. The leaks alone produce more carbon than all the air travel worldwide. Adding refrigerant gases to Locus SaaS underscores the company’s unwavering commitment to providing our customers with a single system of record to manage all their sustainability and EHS compliance.”, said Locus’s CEO Neno Duplan.
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.
SAN FRANCISCO, Calif., March 5, 2024 — Locus Technologies, a pioneer in water, Environmental, Health, and Safety (EHS) compliance and Environmental, Social, and Governance (ESG) software solutions, is pleased to announce the appointment of Dorian Bailey as Director of Alliances and Customer Success.
Bringing over 25 years of experience in environmental programs, sustainable construction, materials science, and regulatory compliance, Dorian Bailey joins Locus with a rich background in driving impactful initiatives within the industry. Before her role at Locus, Bailey held senior positions at the Port Authority of NY & NJ, managing multimillion-dollar contracts encompassing various environmental services, sustainability initiatives, and regulatory compliance efforts.
Dorian Bailey specializes in quantifying embodied carbon dioxide emissions from construction materials, a critical focus considering the construction industry’s significant contribution to global carbon emissions. Her expertise in managing environmental investigations, consulting services, hazardous waste disposal, and air/emissions monitoring will be invaluable in advancing Locus’ mission of providing a leading-edge SaaS for sustainability and regulatory compliance.
At the Port Authority, Bailey supervised and audited construction, professional, technical, and contractual staff to ensure compliance with federal, NYSDEC, and NJDEP regulations and permits. She also played a pivotal role in designing and implementing environmental contract laboratory programs. Engineering support for greenhouse gas and criteria pollutant inventories was also provided. Bailey was instrumental in developing sustainability tracking in Stage IV construction, including material circularity, the quantification of on-site diesel emissions, and the embodied carbon of construction materials.
Commenting on Bailey’s appointment, Locus Technologies CEO Neno Duplan stated, “We are thrilled to welcome Dorian Bailey to our team. Her extensive experience in environmental programs and regulatory compliance aligns perfectly with Locus’ commitment to providing innovative EHS and ESG solutions. With Dorian leading our alliances and customer success efforts, we are poised to drive greater value for our clients and partners.”
Dorian Bailey expressed her excitement about joining Locus, stating, “I am honored to join Locus Technologies, a true leader in environmental and sustainability software solutions. I look forward to leveraging my experience to forge impactful alliances and ensure the success of our customers in their sustainability and compliance endeavors.”
With Dorian Bailey at the helm of alliances and customer success, Locus Technologies reaffirms its dedication to delivering cutting-edge solutions that drive positive environmental outcomes and regulatory compliance for organizations worldwide.
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.
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.
SAN FRANCISCO, Calif., Jan. 16, 2024 — Locus Technologies, (Locus), the pioneer in water, Environmental, Health, and Safety (EHS) compliance and Environmental, Social, and Governance (ESG) software solutions, announces expansion of its water management SaaS platform to include management of produced water within the oil and gas industry. This cutting-edge solution, seamlessly integrated with Locus’ suite of applications, underscores the company’s unwavering commitment to driving sustainable practices while optimizing operational efficiency.
Locus has engineered a comprehensive application designed specifically for the efficient and sustainable management of produced water. This latest addition to Locus’s suite of water solutions aims to address the complex demands of the oil and gas industry while ensuring compliance, conservation, and operational excellence.
The new application is seamlessly interoperable with other Locus solutions catering to the oil and gas sector, such as ESG, air emissions, waste management, and water quality management. Locus software empowers organizations to make informed decisions, mitigate risks, and enhance overall efficiency across their operations by streamlining data integration and providing actionable insights.
Locus’ CEO, Neno Duplan, emphasized the company’s dedication to delivering comprehensive water management solutions while driving advancements in technology for the beneficial reuse of water beyond the realms of the oil and gas, and energy industries. “We remain focused on delivering comprehensive water management solutions to our customers while advancing technologies for the beneficial reuse of water inside and outside of the oil and gas industry, which holds the promise of further improving the sustainability of our customer’s operations,” stated Duplan.
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.
MOUNTAIN VIEW, Calif., May 2, 2023 — Locus Technologies, the leading EHS Compliance and ESG software provider, today announced that Foster Farms, a top US provider of fresh, frozen, and prepared poultry products and the leading brand of fresh chicken in the Western U.S., selected Locus’s award-winning enterprise Software as a Service (SaaS) to organize and manage their EHS compliance and ESG reporting.
Foster Farm subscribed to an integrated set of apps offered in the Locus Cloud Platform. Some apps include EHS Compliance Management, ESG and Sustainability, GHG Emission Factor and Calculation Management, Inspections, Configuration Workbench, Air Emissions Management, Storm Water, Wastewater, and well data management and reporting.
Locus Cloud is the first fully integrated multitenant platform created from the ground up to allow organizations to manage their environmental, energy, water, waste, carbon, air, health and safety, remediation, water quality, and compliance information in one place. The Locus Platform allows companies to configure their own management, tracking, visualization, and reporting through a graphically driven user interface. This feature enables organizations to configure the software to their needs without worrying about the expensive programming outlays usually associated with customization and single-tenant deployments.
When designing integrated EHS/ESG SaaS, Locus sought to make the complicated workflow and management of environmental data as simple as possible and to make it manageable from a single platform with shared components. The resulting platform offers immense flexibility and endless capabilities with minimal training thanks to the new, intuitive, user-friendly interface design.
“The accurate tracking and reporting of critical environmental resource usage is a necessary part of our compliance responsibilities, and a major component of our efforts to ensure that we are a sustainable producer. The Locus application software will make a significant contribution to our resource management capabilities,” said Don Hill, Foster Farms Director of Environmental Affairs.
“We are delighted that Foster Farms recognized the power of the Locus Cloud platform. Businesses do not want to shop for point solutions from different vendors only to be left with the nightmare of integration, security, synchronization, and vendor management. They want one-stop shops and to avoid having to deal with vendors that don’t integrate well with one another or have spotty service and limited support. Locus will provide Foster Farms single platform through which they can accomplish all their environmental and compliance management needs on a single, fully customer-configurable platform,” said Neno Duplan, President, and CEO of Locus. “Keeping the end user’s perspective in mind, we’ve packed the same 26-plus years of domain expertise that Locus has been offering all along into a highly configurable and scalable software platform built from the ground up on the latest web technologies,” remarked Duplan.
ABOUT FOSTER FARMS
Foster Farms is dedicated to providing families across America with great food. From ready to cook chicken and turkey, to chicken nuggets and corndogs, Foster Farms portfolio of fresh, frozen, and prepared foods, are always welcome whether it’s dinner time or snack time. Since its founding in 1939 Foster Farms has gone on to become one of the largest quality poultry producers in the United States. Headquartered in Livingston, Ca with facilities in California, Oregon, Washington, Colorado, Arkansas, Alabama and Louisiana, the company has nearly 12,000 Team Members, and is committed to building a “culture that nobody wants to walk aways from.”
MOUNTAIN VIEW, Calif., 2 March 2023 — Locus Technologies, the leading EHS Compliance and ESG software provider, received their 17th consecutive award from Environmental Business Journal (EBJ) for growth and innovation in the field of Information Technology in the environmental software with particular focus on EHS, compliance, sustainability, and ESG.
Locus continues to expand its ESG SaaS solution, including built-in business intelligence tools for interactive, actionable insights into unified EHS compliance and ESG data, forecasting tools predicting future ESG reporting, APIs for utility data sources, and interfaces with third-party systems that house ESG data. Locus’s ESG solutions focus on “enter once, report to many.” enabling companies the efficiency of reporting to multiple organizations and numerous standards from a single dataset. Essential built-in reporting includes state or federal regulations and ESG based on standards, including CDP, GRI, SASB, TCFD, and many others.
“Locus’s pioneering work in integrated ESG reporting and EHS compliance software is paying off. As one of the early SaaS leaders in net-zero digital solutions for ESG reporting, Locus continues to provide value to companies that want to be credible with their carbon reporting and sustainability software.” said Grant Ferrier, president of Environmental Business International Inc. (EBI), publisher of Environmental Business Journal.
“With energy transition, climate resilience, and new federal programs driving business, as well as traditional environmental market drivers in infrastructure, air quality, remediation, water and wastewater it is understandable that companies that offer integrates SaaS platform like Locus has advantage.” added Ferrier.
“As Locus continues to expand our EHS and ESG software we would like to thank EBJ for recognizing Locus again for a 17th consecutive year and for noting the new functionality and growing customer base we achieved in 2022. Locus will continue this trajectory into 2023 with new tools designed to simplify EHS and ESG management in our award-winning Locus software, which offers a single system of record and truth for our customers. Locus SaaS platform enables our customers to manage their carbon transactions and inventory with the same rigor, confidence, and transparency as their financial ones.” said Neno Duplan, the Founder and CEO of Locus Technologies.
MOUNTAIN VIEW, Calif., 11 April 2022 — Locus Technologies, the leading EHS Compliance and ESG software provider, today celebrates the 25th anniversary of its founding, and with it, a quarter-century of customer success. Locus looks back on its founding as a Silicon Valley leader in EHS & ESG software with pride in its leadership through expertise, stability, and innovation.
Locus was founded in 1997 with a revolutionary vision that set the framework for what is now widely known as environmental, social, and corporate governance (ESG) and environmental, health, and safety (EHS). Locus envisioned a simplified and data-driven approach, offering software in the cloud, on mobile devices, and as a service. The company pioneered SaaS (Software as a Service) model in EHS, ESG, and water quality management spaces in 1999 and never installed its software on customers’ premises.
Over 25 years, Locus has pioneered cloud environmental solutions, online and mobile GIS (Geographic Information System) services, has revolutionized environmental information management, and AI and IoT technologies for organizations ranging from Fortune 500 companies to forward-facing municipalities and the US Government.
Locus recently broke new ground by releasing the first Visual Calculation Engine for ESG Reporting. Locus’s visual calculation engine helps companies quickly set up and view their entire ESG data collection and reporting program, enabling full transparency and financial-grade auditability throughout the entire process.
As the industry continues to evolve, competitors merge and disappear. New markets emerge and grow. Locus remains a constant in the environmental space, an innovative and independent pioneer.
“For 25 years now, Locus has brought together industry-leading experts in EHS, sustainability, and technology. Although regulations and requirements have changed over the years, that combination remains at the core of what Locus does, as demonstrated by our stability and long-term customer partners. We look forward to continuing our path of growth using those same values for the next 25 years.” said Wes Hawthorne, Locus President.
Locus Founder and CEO, Neno Duplan is proud to look back on the growth of Locus over the last 25 years. He said, “Locus did not start in the clouds, but back in 1997, we had a rather good view. Locus’s vision for better global environmental stewardship has not changed since its inception. We focus on empowering organizations to track better and mitigate the environmental impact of their activities. That vision has come to fruition through the Locus software services used by some of the world’s largest companies and government organizations. Locus’ SaaS has been ahead of the curve in helping private and public organizations in not only managing their water quality, EHS compliance or ESG reporting but also turning their environmental information into a competitive advantage in their operating models.”
MOUNTAIN VIEW, Calif., 1 March 2022 — Locus Technologies, the leading EHS Compliance, and ESG software provider, today announced the industry-first visual calculation engine for ESG reporting. Locus’s visual calculation engine helps companies easily set up and view their entire ESG data collection and reporting program, enabling full transparency throughout the entire process. Through an interactive branching interface, ESG professionals can quickly identify areas where to focus efforts to improve their ESG performance. Companies that set goals in line with the Science-Based Targets initiative (SBTi) can use Locus’s ESG software to track progress to reach those goals in a transparent and credible manner.
Having a visual calculation engine reduces the burden, time, and potential inaccuracies associated with ESG reporting. The environmental portion of ESG reports includes complex calculations, factors, and numerous data inputs. The visual calculation engine goes beyond GHG (Greenhouse Gas) and addresses any calculations that are part of ESG reporting such as waste generation, resources, and water consumption. Through the visual hierarchical tree, companies can easily get to the sources of any raw data, factors, and formulas used to generate reported ESG metrics.
With an increased focus on ESG reporting and transparency, ensuring accurate reporting is more important than ever. Locus’s award-winning ESG data tracking, analysis, reporting, and visualization software aims at helping organizations plan, implement, and accelerate net-zero strategies. Choosing the right calculation engine plays a crucial part in remaining compliant with rapidly evolving requirements and regulations. In the US, the SEC’s proposed rules expected this year will likely require public companies to report emissions from their operations, energy usage, and resources they consume. The SEC requirements are being driven by the fact that many investors are considering ESG disclosures in their investment decisions. With those requirements, there is an expectation that these reports will be subject to some form of auditing to ensure accuracy. Locus’ accredited GHG verifier designed the visual calculation engine to support this impending requirement. It provides a single consolidated view of all input data, referenced factors, and calculations that went into the ESG report. Through the calculation engine, raw data can be traced back to the user input, integrated external database, utility API, supplier attestation, or any other data source.
Locus’s visual calculation engine supports simultaneous calculations using multiple methods so that users can input data once and report to federal, state, and voluntary reporting programs according to each proper protocol. Once raw data is in the Locus ESG app, reporting can be performed to several different reporting standards such as U.S. EPA Mandatory Reporting Rule, European Union Emissions Trading Scheme (EU ETS) or GRI, SASB, CDP, DJSI, GRESB, and DNSH.
“Locus’ visual calculation engine builds upon over a decade of experience performing verification of ESG data for many companies. Coupled with Locus SaaS Platform it provides all necessary tools to simplify data management, reporting, and visualization of necessary carbon and other calculations in real-time. It provides full transparency for calculations, which become part of an organization’s ESG reporting. As financial-grade audits are applied to ESG reporting, this becomes a critical feature for organizations needing a reliable ESG reporting tool.,” said Wes Hawthorne, President of Locus.
299 Fairchild Drive
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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.