UL Solutions a Market Leader for Carbon Management Software

UL Solutions, a global provider of environmental, social and governance (ESG) data management and reporting software, has been named a leader by Verdantix, an independent analyst firm, in its report, “Green Quadrant Enterprise Carbon Management Software 2023.”

UL Solutions’ offering earned recognition as comprehensive carbon management software for scope 1, 2 and 3 reporting and carbon advisory services. In the report, Verdantix acknowledged UL Solutions’ ESG Disclosures module as among the best in class regarding its disclosure approval workflow, which allows managing disclosures down to the individual level. The software also received a top mark for its data audit capabilities, which help companies make sure the underlying data is tracible and verifiable.

“The strength of our ESG data management and reporting software matches up well with the rapidly evolving regulatory landscape,” said Clayton Sanderson, director of enterprise sustainability, employee health services (EHS) and ESG software at UL Solutions. “Whether organizations are looking for comprehensive software to meet CSRD, ISSB or California Climate Disclosure Rules, our software facilitates not only data gathering and analysis but also implements data quality controls for proper compliance documentation.”

The Green Quadrant Enterprise Carbon Management Software 2023 report offers organizations insight into the world’s most prominent carbon management software vendors by providing a detailed, fact-based analysis of each vendor’s software product. Verdantix held live briefings, conducted desktop research and reviewed vendor responses to its 70-point questionnaire in compiling the report.

UL Solutions helps organizations worldwide gather, analyze and communicate sustainability, carbon and ESG data on one convenient platform. The software meets a range of external requirements, including the Sustainability Accountability Standards Board (SASB), CDP (formerly the Carbon Disclosure Project), Global Reporting Initiative (GRI), Dow Jones Sustainability Index (DJSI) and UN Global Compact.