Process safety management

Montrose Environmental Group Announces First Quarter 2024 Results

Retrieved on: 
Tuesday, May 7, 2024

Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the first quarter ended March 31, 2024.

Key Points: 
  • Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the first quarter ended March 31, 2024.
  • Montrose Chief Executive Officer and Director, Vijay Manthripragada, commented, “The momentum in our business continues as we start 2024 with solid first quarter results.
  • Total revenue in the first quarter of 2024 was $155.3 million compared to $131.4 million in the prior year quarter, an increase of 18.2%.
  • First quarter 2024 Consolidated Adjusted EBITDA1 was $16.9 million, compared to $16.6 million in the prior year quarter.

Montrose Environmental Group Acquires ETA and Announces Increase to 2024 Revenue and Consolidated Adjusted EBITDA Outlook

Retrieved on: 
Tuesday, April 2, 2024

“We have partnered with ETA on client projects for many years and are excited to formally bring them into the Montrose family.

Key Points: 
  • “We have partnered with ETA on client projects for many years and are excited to formally bring them into the Montrose family.
  • We believe they will be highly additive to Montrose’s current Environmental, Health, Safety & Security advisory offerings,” said Vijay Manthripragada, President and Chief Executive Officer of Montrose Environmental Group.
  • We’re excited to get started.”
    Montrose Environmental also today announced an increase to its 2024 Revenue and Consolidated Adjusted EBITDA1 outlook.
  • Given the Company’s continued strong organic performance, an improved 2024 outlook, and the impact of recently closed acquisitions, the Company is raising its full year 2024 Revenue and Consolidated Adjusted EBITDA1 guidance.

VelocityEHS Named a Leader for Carbon Management Software by Independent Analyst Firm

Retrieved on: 
Friday, December 1, 2023

CHICAGO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- VelocityEHS® , the global leader in enterprise EHS & ESG software solutions, announced that it has once again been named a Leader by the London-based independent analyst firm Verdantix in its second Green Quadrant (GQ) for Enterprise Carbon Management Software.

Key Points: 
  • CHICAGO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- VelocityEHS® , the global leader in enterprise EHS & ESG software solutions, announced that it has once again been named a Leader by the London-based independent analyst firm Verdantix in its second Green Quadrant (GQ) for Enterprise Carbon Management Software.
  • Carbon Management is a critical component of ESG reporting , and here Velocity delivers the financial-grade reporting on GHG emissions and energy usage required by regulators and investors alike.
  • Velocity’s best-in-class carbon management and reporting capabilities gives every company the opportunity to secure a seat at the table.”
    According to the Verdantix, Green Quadrant: Enterprise Carbon Management Report (November 30, 2023), Velocity is, “well-suited for mid-market industrial buyers seeking unified management across carbon management, ESG and EHS management as the firm has a network of solutions offering customers increased flexibility.”
    In addition to the Carbon Management GQ, Velocity has been named a leader in recent Verdantix Green Quadrant Reports for ESG, Process Safety Management, and EHS for enterprise and mid-market companies.
  • For more information about VelocityEHS and its complete award-winning software solutions, visit www.EHS.com .

Ideagen recognized as a "leader" and "innovator" in process safety management software by independent research firm.

Retrieved on: 
Monday, November 20, 2023

Ideagen DevonWay received above average scored in five out of six technical categories with Verdantix stating: "The Ideagen DevonWay platform provides strong process safety management software alongside enterprise asset management, quality, EHS and ORM software to customers in highly regulated industries."

Key Points: 
  • Ideagen DevonWay received above average scored in five out of six technical categories with Verdantix stating: "The Ideagen DevonWay platform provides strong process safety management software alongside enterprise asset management, quality, EHS and ORM software to customers in highly regulated industries."
  • Ideagen's software offers a comprehensive suite of features designed to streamline safety processes and promote a proactive safety culture within organizations.
  • "We are extremely proud to be recognized as a leader in the Verdantix Green Quadrant report for Process Safety Management software," said Adam Cooper, Senior Vice President of Ideagen EHS.
  • To learn more about Ideagen's industry-leading PSM software and how it can transform your organization's safety management practices, visit www.ideagen.com or www.devonway.com .

VelocityEHS Repeats as a Leader in New Process Safety Management Green Quadrant Report

Retrieved on: 
Monday, November 20, 2023

CHICAGO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- VelocityEHS® , the global leader in enterprise EHS & ESG software solutions, announced that it has once again been named a Leader by the London-based independent analyst firm Verdantix in its second Green Quadrant (GQ) for Process Safety Management (PSM) Software.

Key Points: 
  • CHICAGO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- VelocityEHS® , the global leader in enterprise EHS & ESG software solutions, announced that it has once again been named a Leader by the London-based independent analyst firm Verdantix in its second Green Quadrant (GQ) for Process Safety Management (PSM) Software.
  • PSM is one of the many capabilities of the award-winning VelocityEHS Accelerate® Platform .
  • “Process Safety Management is a massive responsibility.
  • In addition to the PSM GQ, Velocity has been named a leader in recent Verdantix Green Quadrant Reports for ESG, Carbon Management, EHS, and EHS specifically for mid-market companies.

Wolters Kluwer to share financial risk expertise at RiskMinds International

Retrieved on: 
Monday, November 13, 2023

Wolters Kluwer Corporate Performance and ESG sponsors major financial risk conference, sharing insights from its OneSumX business spanning regulation, financial risk and climate risk challenges.

Key Points: 
  • Wolters Kluwer Corporate Performance and ESG sponsors major financial risk conference, sharing insights from its OneSumX business spanning regulation, financial risk and climate risk challenges.
  • LONDON – November 14, 2023 - Wolters Kluwer’s Corporate Performance & ESG (CP & ESG) division is a partner sponsor at this year’s RiskMinds International conference through its award-winning OneSumX for Finance, Risk & Regulatory (FRR) business.
  • Wolters Kluwer experts will also tackle the challenges surrounding climate risk during the event in London this week.
  • Last month Wolters Kluwer announced OneSumX for Basel , the latest addition to the multi award-winning OneSumX for FRR suite of solutions.

Farasis Energy Leads Global Power Battery Innovation with SPS (Super Pouch Solution)

Retrieved on: 
Friday, December 8, 2023

Standing at the vanguard of future EV requirements, Farasis Energy, a global leader in lithium-ion power batteries for new energy vehicles and energy storage systems, showcases several latest innovations, including the Super Pouch Solution (SPS), eVTOL battery technology, high-performance battery system solutions for electric motorcycles, as well as portable power stations, at the first China International Supply Chain Expo (CISCE) 2023.

Key Points: 
  • Standing at the vanguard of future EV requirements, Farasis Energy, a global leader in lithium-ion power batteries for new energy vehicles and energy storage systems, showcases several latest innovations, including the Super Pouch Solution (SPS), eVTOL battery technology, high-performance battery system solutions for electric motorcycles, as well as portable power stations, at the first China International Supply Chain Expo (CISCE) 2023.
  • This ground-breaking solution integrates four key technologies: large-format pouch cells, integrated battery systems, cutting-edge manufacturing processes and efficient direct recycling.
  • High Energy Density: The SPS system offers an impressive energy density exceeding 220Wh/kg.
  • Farasis Energy's SPS sets a new benchmark in global power battery innovation.

Farasis Energy Leads Global Power Battery Innovation with SPS (Super Pouch Solution)

Retrieved on: 
Friday, December 8, 2023

Standing at the vanguard of future EV requirements, Farasis Energy, a global leader in lithium-ion power batteries for new energy vehicles and energy storage systems, showcases several latest innovations, including the Super Pouch Solution (SPS), eVTOL battery technology, high-performance battery system solutions for electric motorcycles, as well as portable power stations, at the first China International Supply Chain Expo (CISCE) 2023.

Key Points: 
  • Standing at the vanguard of future EV requirements, Farasis Energy, a global leader in lithium-ion power batteries for new energy vehicles and energy storage systems, showcases several latest innovations, including the Super Pouch Solution (SPS), eVTOL battery technology, high-performance battery system solutions for electric motorcycles, as well as portable power stations, at the first China International Supply Chain Expo (CISCE) 2023.
  • This ground-breaking solution integrates four key technologies: large-format pouch cells, integrated battery systems, cutting-edge manufacturing processes and efficient direct recycling.
  • High Energy Density: The SPS system offers an impressive energy density exceeding 220Wh/kg.
  • Farasis Energy's SPS sets a new benchmark in global power battery innovation.

Sphera Holds Strong Position as a Process Safety Management Software Market Leader in Latest Green Quadrant Report, Earning Top Scores for Vision and Strategy, Process Safety Information Management and Hazardous Chemical Management

Retrieved on: 
Monday, November 20, 2023

CHICAGO, Nov. 20, 2023 /PRNewswire/ -- Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, has been named a leader in the PSM software market by Verdantix, an independent analyst firm, in its Green Quadrant: Process Safety Management Software 2023 report.

Key Points: 
  • The benchmark report, based on the proprietary Verdantix Green Quadrant methodology, assessed six technical, nine functional and 10 market momentum categories.
  • Sphera has maintained its strong position since being named a market leader in the inaugural Green Quadrant: Process Safety Management Software report in 2021.
  • And it received the highest score for process safety information management in addition to high scores for risk management and platform configurability.
  • "The Green Quadrant analysis shows that Sphera delivers wide-ranging PSM software with a focus on ESG and sustainability management, ORM and supply chain risk management.

Sphera Holds Strong Position as a Process Safety Management Software Market Leader in Latest Green Quadrant Report, Earning Top Scores for Vision and Strategy, Process Safety Information Management and Hazardous Chemical Management

Retrieved on: 
Monday, November 20, 2023

CHICAGO, Nov. 20, 2023 /PRNewswire/ -- Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, has been named a leader in the PSM software market by Verdantix, an independent analyst firm, in its Green Quadrant: Process Safety Management Software 2023 report.

Key Points: 
  • The benchmark report, based on the proprietary Verdantix Green Quadrant methodology, assessed six technical, nine functional and 10 market momentum categories.
  • Sphera has maintained its strong position since being named a market leader in the inaugural Green Quadrant: Process Safety Management Software report in 2021.
  • And it received the highest score for process safety information management in addition to high scores for risk management and platform configurability.
  • "The Green Quadrant analysis shows that Sphera delivers wide-ranging PSM software with a focus on ESG and sustainability management, ORM and supply chain risk management.