UL Ventures works to help companies address new challenges in product and organizational safety, health, supply chain and sustainability.
Approach
UL Ventures brings together four areas of focus from UL’s comprehensive range of trusted expertise and services:
EHS Sustainability
The EHS Sustainability division is dedicated to helping customers improve business performance, manage risk and enhance culture through innovative health and safety programs and software solutions. More than 2,000 organizations in over 20 major industries including manufacturing, healthcare, and construction & energy, trust UL’s tools to meet their expanding needs. Competitive in features, flexibility and price, our solutions drive measurable business improvement through our software solutions:
  • Learning: Deliver interactive learning experiences, centraled training management, ensuring accountability and heightening performance.
  • EHS Management: Prevent future incidents and protect employees by acting on the data you collect, and gaining insight into underlying trends.
  • Occupational Health: Automate medical surveillance, manage case and return-to-work programs and streamline compliance reporting.
  • Environmental Management: Gather energy data and insights across your operations on a regular basis; identify, prioritize and track your energy reduction initiatives.
  • Supply Chain Management: Assess, audit and manage suppliers in an efficient, structured way.
  • Sustainability and Reporting: Collect and analyze data for their annual CSR/Sustainability reports and meet a range of external requirements.
Environment
The Environment division helps advance global sustainability by supporting the growth and development of environmentally preferable products, services and organizations. Our services–including GREENGUARD and ECOLOGO Certifications, environmental claim validations, transparency tools (such as Environmental Product Declarations) and advisory services–are structured to help companies achieve their unique sustainability goals, while also helping purchasers, retailers, governments and consumers find healthier, more sustainable products they can trust.
Information & Insights
The Information & Insights division provides companies trusted insight to manage and remove harm and hazard in complex global supply chains. Helping to mitigate inventory risk, manage regulatory complexities and improve overall supply chain decision-making processes, we offer access to the world’s most comprehensive chemical, material, components and product data. Our intelligence suite—including UL’s Prospector®, The Wercs®, PurViewSM and GoodGuide—offers holistic, cloud-based tools for suppliers, manufacturers, product designers and retailers to help businesses develop safer, sustainable products and boost their bottom line.
Life & Health
The Life & Health division provides comprehensive lifecycle services to support the medical, pharmaceutical and laboratory industries in achieving global regulatory approvals. With our global footprint, technical expertise, commitment to quality and unmatched customer services, we are well positioned to provide state-of-the-art services that meet the needs of the local market, supporting human health and wellness for a healthier world.

LEADERSHIP

Weifang Zhou
President, UL Ventures

Weifang Zhou is President of the UL Ventures business unit. In this capacity, he is responsible for leading the teams delivering UL’s services focused on life and health sciences, supply chain and sustainability, and workplace health and safety services.

Previous to becoming the president of UL Ventures, Zhou was UL’s Senior Vice President and Chief Commercial Officer. He was responsible for leading the development of UL’s global industry strategy to drive business growth through new service expansion. He was also responsible for UL’s enterprise strategy, corporate branding and marketing, and led the development of thought leadership initiatives for overall enterprise growth.

Zhou joined UL in September 2009 as Vice President and General Manager of UL Greater China, leading UL’s operation in mainland China, Hong Kong and Taiwan. During his term, UL served as a model in developing the local ecosystem and assisting Chinese manufacturers’ growth in both overseas and domestic markets.

Prior to joining UL, Zhou served as President and CEO of GE’s water and process technologies division, and worked in other various GE departments for 10 years.