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Business Wire
17-07-2025
- Business
- Business Wire
UL Solutions to Help Companies in Japan Meet New Climate Disclosure Standards in Collaboration with Fujitsu
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, is now collaborating with Fujitsu, a leading Japanese multinational company that provides IT services, solutions and technology, to assist Japanese companies in navigating and adhering to Japan's newly developed climate reporting standards. This alliance combines UL Solutions' ULTRUS software portfolio, a unified digital platform designed to streamline regulatory, supply chain and sustainability management, with Fujitsu's deep local market expertise and established client network. Specifically, Fujitsu will leverage UL Solutions' UL 360 environmental, social and governance (ESG) data management software, an offering in the ULTRUS platform, to help its customers meet the evolving sustainability disclosure standards. These new standards, developed by the Sustainability Standards Board of Japan (SSBJ), are aligned with the International Financial Reporting Standards Foundation's International Sustainability Standards Board (ISSB). 'For long-term business success for companies in Japan, strong ESG reporting is no longer a side issue but a core need for companies,' said Hidehiko Yamajo, regional vice president, Japan, UL Solutions. 'Our new partnership with Fujitsu is a strategic move to help companies navigate these complex ESG reporting demands and complement our existing ESG data management software. These tools simplify these challenges, allowing businesses to manage their data easily, meet new reporting requirements and ultimately create real business value.' The SSBJ's new standards, promoting companies to report sustainability and climate-related information, are now available for voluntary application and proposed for mandatory application in 2027, mirroring the global trend towards increased ESG reporting accountability. These standards build upon previous initiatives, including requirements by the Tokyo Stock Exchange and Japan's Financial Services Agency, a government agency and an integrated financial regulator responsible for overseeing the banking, securities and exchange, and insurance sectors to ensure the stability of Japan's financial system, which have progressively strengthened sustainability disclosure expectations for Japanese listed companies. 'Fujitsu is thrilled to join with UL Solutions for ESG and sustainability reporting in Japan,' said Hidenori Ito, senior vice president, head of Cross-Industry Solutions Business Unit of Fujitsu. 'Fujitsu is consolidating all internal and external data, strengthening disclosure and regulatory compliance, and promoting rapid management decision-making through financial and non-financial analysis to realize ESG management. As part of FujitsuUvance, a business model based on social issues, we will integrate Fujitsu's technologies, such as AI and blockchain technology, based on our knowledge and know-how cultivated through collaboration with UL Solutions and our own practices. We will support the realization of data-driven sustainability management and contribute to the realization of a sustainable society by maximizing corporate value.' In addition to its software solutions, UL Solutions offers a comprehensive suite of enterprise sustainability services, including environmental product declarations and zero-waste-to-landfill claim validations. The ULTRUS software platform, which includes Sustainable Supply Chain & environmental, health, and safety (EHS) services, was recognized as a leader by Verdantix in their Green Quadrant: ESG and Sustainability Reporting Software 2023 and 2025 reports and Green Quadrant: EHS Software 2025 report, as a unified platform, highlighting its effectiveness in helping companies navigate complex ESG reporting regulations and global compliance challenges. About UL Solutions A global leader in applied safety science, UL Solutions transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions delivers testing, inspection, and certification services, together with software products and advisory offerings, that support our customers' product innovation and business growth. The UL Solutions Mark serves as a recognized symbol of trust in our customers' products and reflects an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage. About Fujitsu Fujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers around the globe, our 113,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$23 billion) for the fiscal year ended March 31, 2025 and remains the top digital services company in Japan by market share. Find out more:
Business Insider
10-07-2025
- Business
- Business Insider
UL Solutions expands ULTRUS software platform for sustainable practices
UL Solutions (ULS) announced several new ULTRUS software releases. The ULTRUS software platform by UL Solutions includes offerings designed to help customers worldwide manage complex regulations, heighten product safety, operationalize sustainable practices and improve speed to market. UL Solutions launched its new Purchased Goods and Services module on the ULTRUS software platform. This module, part of the UL 360 Environmental, Social and Governance and Sustainability platform, simplifies Scope 3, Category 1 emissions data management and reporting. Scope 3, Category 1 emissions include goods and services that organizations purchase from their suppliers. UL Solutions also introduced new capabilities to its UL 360 ESG and Sustainability software's ESG Disclosures module to enable data management for International Sustainability Standards Board disclosures. Windnavigator software, part of the ULTRUS software platform, has a new AI feature called Windnavigator Resource Data and Maps which offers maps and data for developers to find suitable wind farm sites and plan the initial project steps. UL Solutions also introduced AI capabilities for automated learning content generation to its LearnShare software, which enables training and development professionals to create learning quizzes and transcriptions faster via large language models. Don't Miss TipRanks' Half-Year Sale
Business Wire
09-07-2025
- Business
- Business Wire
UL Solutions Expands Software Platform for Business Growth and Sustainable Practices with the Latest ULTRUS ™ Software Releases
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced several new ULTRUS software releases that further help companies ensure their compliance and make important progress in sustainability. The ULTRUS software platform by UL Solutions includes offerings designed to help customers worldwide manage complex regulations, heighten product safety, operationalize sustainable practices and improve speed to market. The releases address per- and polyfluoroalkyl substances (PFAS), also known as forever chemicals; Scope 3, Category 1 emissions; wind farm planning, including a mapping feature with artificial intelligence (AI) capabilities for wind energy professionals; and other challenges. 'UL Solutions is staying ahead of the evolving needs of our customers with our powerful new ULTRUS software releases,' said John Genovesi, executive vice president and president of Software and Advisory at UL Solutions. 'These new capabilities are providing our customers with expertise to help manage evolving regulatory requirements, deliver transparency across complex global supply chains and take action on sustainability. ULTRUS software further complements our testing, inspection and certification services.' Many top retailers rely on UL Solutions' WERCSmart ®, an essential part of ULTRUS software, to help manage the safe handling, storage, transport and disposal of products while mitigating risks of noncompliance. UL Solutions recently enhanced WERCSmart ® to help retailers identify PFAS in the products put on retail shelves and collect product documentation from manufacturers to enhance product safety and help protect the environment. PFAS are common substances used to make products resistant to stains or water, but they can linger in the environment and pose hazards to humans and animals. UL Solutions launched its new Purchased Goods and Services module on the ULTRUS software platform. This module, part of the UL 360 Environmental, Social and Governance (ESG) and Sustainability platform, simplifies Scope 3, Category 1 emissions data management and reporting. Scope 3, Category 1 emissions include goods and services that organizations purchase from their suppliers. Managing this type of data is complex for organizations that work with global suppliers and large datasets that may be fragmented or in inconsistent formats. The new module helps organizations set targets, streamline reporting, and drive meaningful sustainability and financial resilience in a changing global economy. UL Solutions also introduced new capabilities to its UL 360 ESG and Sustainability software's ESG Disclosures module to enable data management for International Sustainability Standards Board (ISSB) disclosures. ULTRUS software users can pull data from the UL 360 platform directly into the module to manage ISSB requirements, providing a data source and audit trail for disclosed values. Legislation based on the ISSB standards is in force or under consideration in many jurisdictions, including Australia, Brazil, China, Hong Kong, Japan, Singapore and the U.K. Windnavigator software, part of the ULTRUS software platform, has a new AI feature to help wind energy professionals. This tool, called Windnavigator Resource Data and Maps, offers high-quality maps and data, making it easier for developers to find suitable wind farm sites and plan the initial project steps, leading to informed decisions about renewable energy options. UL Solutions also introduced AI capabilities for automated learning content generation to its LearnShare™ software, which enables training and development professionals — including human resources and environmental, health and safety professionals — to quickly and easily create learning quizzes and transcriptions faster via large language models. Last year, UL Solutions launched its ULTRUS software platform, uniting its flagship software to help customers meet regulatory, supply chain and sustainability challenges. Learn more about UL Solutions' software and advisory offerings and expertise at About UL Solutions A global leader in applied safety science, UL Solutions (NYSE: ULS) transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers' product innovation and business growth. The UL Mark serves as a recognized symbol of trust in our customers' products and reflects an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage. Source Code: ULS-IR
Yahoo
10-02-2025
- Business
- Yahoo
UL Solutions and OpenEngagement Join Forces to Lead Australia Company Compliance with New Climate Laws
The relationship will help enterprises in Australia provide required climate-related reporting, including greenhouse gas emissions across the supply chain NORTHBROOK, Ill., February 10, 2025--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, and OpenEngagement, an independent stakeholder engagement and corporate governance advisory firm, today announced a relationship to help Australian companies navigate and comply with the country's new mandatory climate reporting requirements. The relationship will leverage UL Solutions' expertise in environmental, social and governance (ESG) advisory services, data management and software solutions, including the UL Solutions ULTRUS™ software portfolio, encompassing centralized and unified digital offerings to help customers manage regulatory, supply chain and sustainability challenges. OpenEngagement will provide strategic guidance and support to customers throughout the reporting process, helping them to address climate-related risks and opportunities. "Strong ESG performance is now a strategic imperative for long-term business success," said Ken Wilson, Australasia regional director at UL Solutions. "With the new climate law in Australia, the evolving regulations, like the Corporate Sustainability Reporting Directive, and a dynamic global ESG landscape, organizations must demonstrate transparency, attract responsible investors and build sustainable operations. Our new relationship with OpenEngagment will allow us to serve customers better and further complement our comprehensive suite of ESG verification services and software, including our UL 360 ESG data management software, part of ULTRUS™ software, that helps businesses simplify the complexities of ESG excellence." Australia's recent passage of the Treasury Laws Amendment bill introduces mandatory climate-related reporting for large and medium-sized companies, including disclosures on climate-related risks and opportunities and greenhouse gas emissions across the supply chain. This legislation marks a significant step toward enhancing climate transparency and accountability in the Australian market. "OpenEngagement is thrilled to be chosen as UL Solutions' strategic partner for ESG and sustainability reporting in Australia," said Brendan Henry, CEO of OpenEngagement. "We founded OpenEngagement on the premise that we would only offer solutions that provide real value to our customers. With the 2025 enactment of mandatory climate-related reporting requirements, the combination of the award-winning UL 360 ESG data management software and proven pre-assurance methodologies provides an impactful solution." UL Solutions also delivers enterprise sustainability services and other verification-related services, such as environmental product declarations and zero-waste-to-landfill claim validation services. UL Solutions' ESG advisory and assurance services recently earned the company recognition as an Innovator in the Verdantix Green Quadrant: ESG and Sustainability Assurance Services 2024 report for strong technical expertise in assurance over environmental metrics — particularly carbon emissions — as well as a comprehensive portfolio of assurance services and support for manufacturing firms with complex supply chains. In addition, the ULTRUS™ software platform, which also provides environmental, health and safety (EHS) services, earned recognition in the Verdantix Green Quadrant: EHS Software 2025 report — the first time as a unified software platform — for helping companies meet the increasing demand of ESG and sustainability regulations and providing scalable tools to help large enterprises tackle global compliance challenges. About UL SolutionsA global leader in applied safety science, UL Solutions transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions delivers testing, inspection, and certification services, together with software products and advisory offerings, that support our customers' product innovation and business growth. The UL Solutions Mark serves as a recognized symbol of trust in our customers' products and reflects an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage. About OpenEngagementOpenEngagement is an independent stakeholder engagement and corporate governance advisory firm based in Sydney, Australia, and is prominent throughout Australasia. View source version on Contacts Media: Tyler KhanUL SolutionsULNews@ T: +1 (847) 664.2139 Steven BrewsterUL SolutionsULNews@ T: +1 (847) 664.8425 Sign in to access your portfolio
