SPHERA


Associated tags: Operational risk management, Environment, Social, EHS, ESG, Risk management, Software, Health, Proto-Sphera, Carbon, Safety, Social Security Government Pension Offset, Biophysical environment, Software as a service

Locations: BLACKSTONE, ILLINOIS, UNITED KINGDOM, GERMANY, TEXAS

Sphera Enhances Risk Solution That Empowers Companies to Optimize Safety and Compliance

Retrieved on: 
Thursday, May 2, 2024

CHICAGO, May 2, 2024 /PRNewswire/ -- Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, today announced significant updates to its Advanced Risk Assessment (ARA) solution that empowers process and manufacturing plant managers to proactively monitor, assess and manage risk.

Key Points: 
  • SpheraCloud ARA is a comprehensive solution that streamlines processes for enhanced efficiency and compliance.
  • Recognizing the complexity of modern industrial operations, SpheraCloud ARA is a comprehensive solution that streamlines processes for enhanced efficiency and compliance.
  • The ARA updates optimize the already robust features of the solution to maintain its position at the forefront of risk management technology.
  • Ensure compliance: ARA provides robust audit trails and readily accessible traceability to simplify compliance and help plants meet regulatory requirements.

Sphera Enhances Risk Solution That Empowers Companies to Optimize Safety and Compliance

Retrieved on: 
Thursday, May 2, 2024

CHICAGO, May 2, 2024 /PRNewswire/ -- Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, today announced significant updates to its Advanced Risk Assessment (ARA) solution that empowers process and manufacturing plant managers to proactively monitor, assess and manage risk.

Key Points: 
  • Recognizing the complexity of modern industrial operations, SpheraCloud ARA is a comprehensive solution that streamlines processes for enhanced efficiency and compliance.
  • The ARA updates optimize the already robust features of the solution to maintain its position at the forefront of risk management technology.
  • Sphera's ARA Solution enables process and manufacturing plant managers to:
    Assess risk uniformly: ARA provides a standardized framework for risk assessment to ensure consistent evaluation and implementation of control measures across the organization.
  • Ensure compliance: ARA provides robust audit trails and readily accessible traceability to simplify compliance and help plants meet regulatory requirements.

Sphera's Near-Term Science-Based Emissions Reduction Target Receives SBTi Validation

Retrieved on: 
Monday, April 29, 2024

CHICAGO, April 29, 2024 /PRNewswire/ -- Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, has received validation of its Scope 1 and 2 greenhouse gas emissions (GHG) reduction target from the Science Based Targets initiative (SBTi), in line with a 1.5°C trajectory.

Key Points: 
  • The target applies to Sphera's direct operations, with a commitment to reduce its absolute scope 1 and 2 GHG emissions by 60.5% by 2030 using 2019 as the base year.
  • "As such, we are not only committed to supporting our customers in achieving their emissions reduction targets but also to minimizing our own carbon footprint.
  • We are proud of the SBTi approval of our near-term, science-based emissions reduction target, and it demonstrates Sphera's ongoing dedication to creating a safer, more sustainable and productive world."
  • This validation from the SBTi is a crucial step in the transition to a zero-carbon economy.

Sphera's Supply Chain Risk Report Shows Economic Uncertainties, Extreme Weather and ESG-related Risks Among Supply Chain Disrupters in 2023 -- And Pandemic-Related Impacts Nearly Vanishing

Retrieved on: 
Tuesday, March 5, 2024

CHICAGO, March 5, 2024 /PRNewswire/ -- While supply chain impacts from the COVID-19 pandemic moved into the rearview mirror in 2023, data in Sphera's inaugural Supply Chain Risk Report shows that supply chains were vulnerable to a broad range of other risks — inflation and rising interest rates, natural hazard events and ESG-related risks such as human rights violations and labor practices among them.

Key Points: 
  • With its new report, Sphera aims to provide insights into the risks that impacted supply chains in 2023.
  • The report is based on data from Sphera's Supply Chain Risk Management (SCRM) software , which provides actionable insights into a multitude of potential disrupters so companies can proactively manage and mitigate supply chain risk.
  • "Sphera's Supply Chain Risk Report shows that a broad range of risks, increasing ESG regulations and compliance failures can stress businesses," said Paul Marushka, Sphera's CEO and president.
  • By optimizing the supply chain composition and diversifying suppliers, companies can better manage the uncertainty that comes with supply chain disruptions.

Sphera's Supply Chain Risk Report Shows Economic Uncertainties, Extreme Weather and ESG-related Risks Among Supply Chain Disrupters in 2023 -- And Pandemic-Related Impacts Nearly Vanishing

Retrieved on: 
Tuesday, March 5, 2024

CHICAGO, March 5, 2024 /PRNewswire/ -- While supply chain impacts from the COVID-19 pandemic moved into the rearview mirror in 2023, data in Sphera's inaugural Supply Chain Risk Report shows that supply chains were vulnerable to a broad range of other risks — inflation and rising interest rates, natural hazard events and ESG-related risks such as human rights violations and labor practices among them.

Key Points: 
  • The report is based on data from Sphera's Supply Chain Risk Management (SCRM) software , which provides actionable insights into a multitude of potential disrupters so companies can proactively manage and mitigate supply chain risk.
  • "Sphera's Supply Chain Risk Report shows that a broad range of risks, increasing ESG regulations and compliance failures can stress businesses," said Paul Marushka, Sphera's CEO and president.
  • "Risk exposure is dynamic, and constantly evolving supply chain risks cause ever-increasing market volatility.
  • By optimizing the supply chain composition and diversifying suppliers, companies can better manage the uncertainty that comes with supply chain disruptions.

Suntory Beverage & Food Europe Entrusts SpheraCloud Corporate Sustainability Software to Accelerate Sustainability Progress and Support Company in Attainment of Ambitious Goals

Retrieved on: 
Tuesday, January 16, 2024

CHICAGO and LONDON, Jan. 16, 2024 /PRNewswire/ -- Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, today announced that its SpheraCloud Corporate Sustainability software has been selected by Suntory Beverage & Food Europe (SBFE), producers of iconic soft drink brands Orangina, Lucozade, Schweppes and Oasis*, to support their sustainability efforts on the journey to net zero.

Key Points: 
  • SBFE's Growing for Good value inspires the company to grow their business sustainably as they work toward being net zero by 2050.
  • SpheraCloud Corporate Sustainability software is a market-leading solution for comprehensive ESG reporting and advanced performance management.
  • Visualization of progress against sustainability goals, as well as simulations of future activity to support decision-making and investment decisions.
  • "SpheraCloud Corporate Sustainability provides insights based on transparent, actionable and auditable data to help improve corporate sustainability performance as a foundation for a sound net-zero strategy.

Suntory Beverage & Food Europe Entrusts SpheraCloud Corporate Sustainability Software to Accelerate Sustainability Progress and Support Company in Attainment of Ambitious Goals

Retrieved on: 
Tuesday, January 16, 2024

CHICAGO and LONDON, Jan. 16, 2024 /PRNewswire/ -- Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, today announced that its SpheraCloud Corporate Sustainability software has been selected by Suntory Beverage & Food Europe (SBFE), producers of iconic soft drink brands Orangina, Lucozade, Schweppes and Oasis*, to support their sustainability efforts on the journey to net zero.

Key Points: 
  • SBFE's Growing for Good value inspires the company to grow their business sustainably as they work toward being net zero by 2050.
  • SpheraCloud Corporate Sustainability software is a market-leading solution for comprehensive ESG reporting and advanced performance management.
  • Visualization of progress against sustainability goals, as well as simulations of future activity to support decision-making and investment decisions.
  • "SpheraCloud Corporate Sustainability provides insights based on transparent, actionable and auditable data to help improve corporate sustainability performance as a foundation for a sound net-zero strategy.

Sphera Acquires SupplyShift, a Pioneer in Supply Chain Sustainability Software

Retrieved on: 
Tuesday, January 9, 2024

CHICAGO and SANTA CRUZ, Calif., Jan. 9, 2024 /PRNewswire/ -- Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, announces that it has acquired SupplyShift, a supply chain sustainability software company that empowers businesses to build transparent, responsible and resilient supply chains.

Key Points: 
  • The solution provides supply chain transparency and supplier mapping at any tier as well as data analytics, supplier scoring and traceability.
  • Alex Gershenson, SupplyShift's CEO and founder, said, "SupplyShift was founded on the idea of leveraging software to drive sustainability initiatives, and for 11 years we have been empowering companies to understand their supply chain ESG risk and performance.
  • Through SpheraCloud, Sphera's SaaS platform, and its LCA solutions, we can help even more customers track their Scope 3 emissions and manage their supply chain sustainability."
  • This planned acquisition supports our commitment to Sphera's accelerated growth and will bolster the company's supply chain capabilities for its customers moving forward."

Sphera Acquires SupplyShift, a Pioneer in Supply Chain Sustainability Software

Retrieved on: 
Tuesday, January 9, 2024

CHICAGO and SANTA CRUZ, Calif., Jan. 9, 2024 /PRNewswire/ -- Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, announces that it has acquired SupplyShift, a supply chain sustainability software company that empowers businesses to build transparent, responsible and resilient supply chains.

Key Points: 
  • The solution provides supply chain transparency and supplier mapping at any tier as well as data analytics, supplier scoring and traceability.
  • Alex Gershenson, SupplyShift's CEO and founder, said, "SupplyShift was founded on the idea of leveraging software to drive sustainability initiatives, and for 11 years we have been empowering companies to understand their supply chain ESG risk and performance.
  • Through SpheraCloud, Sphera's SaaS platform, and its LCA solutions, we can help even more customers track their Scope 3 emissions and manage their supply chain sustainability."
  • This planned acquisition supports our commitment to Sphera's accelerated growth and will bolster the company's supply chain capabilities for its customers moving forward."

Sphera Leads for Carbon Management Software Capabilities in Latest Green Quadrant Report, Earning Top Scores for Net-Zero Strategy Development, Data Management, Data Acquisition and Scope 3 Data Aggregation

Retrieved on: 
Thursday, November 30, 2023

CHICAGO, Nov. 30, 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 enterprise carbon management software market by Verdantix, an independent analyst firm, in its Green Quadrant: Enterprise Carbon Management 2023 report.

Key Points: 
  • The Green Quadrant Carbon Management Software report aims to help organizations better understand the market evolution of the carbon management software ecosystem by taking a deep dive into the current software platform offerings.
  • Sphera has maintained its strong position since being named a market leader in the inaugural Green Quadrant: Enterprise Carbon Management report in 2022.
  • Sphera earned the top score for data management and tied for the top score in the data acquisition and Scope 3 data aggregation categories.
  • "Verdantix finds that carbon management software buyers are increasingly looking for functionality such as financial metrics for carbon emissions and tools for acquiring facility-level emissions data.