Enablon, IHS and SAP have emerged as key application providers for forward-thinking businesses looking beyond compliance for ways energy and resource conservation can make them more competitive.
SAN FRANCISCO, Calif., 14 November 2012 — Today, California kicked off the first auction of their cap-and-trade system for greenhouse gases under the California Air Resources Board (CARB) new cap-and-trade program. This is the first large-scale carbon market in the United States, and is expected to be the second largest carbon market in the world, after the European Union.
“Many may agree, especially with the buzz around climate change lately, that this cap-and-trade program is an attempt toward reaching an admirable goal of reducing California’s greenhouse gas emissions,” said Neno Duplan, President and CEO of Locus Technologies. “However, Locus also recognizes the challenges that face businesses dealing with this auction, and stands at the ready to assist them in minimizing the costs of complying with the cap-and-trade regulation.”
Locus has been involved in the development of California’s carbon market from nearly the beginning. Locus was one of the first accredited verification bodies for greenhouse gas emissions, and has years of expertise in reporting greenhouse gas data. Locus staff have also been certified as carbon offset verifiers under CARB. From experience, Locus knows that participants in the cap-and-trade program have many options available to them in how they calculate and report their greenhouse gas data, and how they select those options can have significant effects on the financial impact of the cap-and-trade program. Some of Locus’ customers have saved thousands by making simple changes to their greenhouse gas reporting methods, as recommended by Locus’ technical experts or by using Locus’ Cloud-based GHG software.
The outcome of today’s auction will likely determine the future of greenhouse gas policy in the United States. California’s program already includes the concept of potential “linkage” with other carbon markets, which means that carbon credits could be transferred between other cap-and-trade programs. This essentially allows for expansion of this market to other states or jurisdictions outside the U.S.
While the amount of damage that Hurricane Sandy caused is still being tallied up, particular attention needs to be paid to one environmental issue: Sandy’s impact on Superfund toxic-waste sites. The Wall Street Journal recently identified that out of the 198 sites in both New York and New Jersey, 45 are within a half-mile from coastal areas, thus making them extremely vulnerable to the effects of storms.
Even though a specific number was not given as to how many of these Superfund sites were flooded, it’s clear that several felt the impact of Sandy. The Environmental Protection Agency (EPA) has tested water samples from Brooklyn’s Gowanus Canal and nearby flooded buildings and has only found low levels of potentially cancer-causing pollutants. However, there are many more sites that need examined, such as the Raritan Bay Slag Superfund site in Sayreville, New Jersey, that poses the possible threat of lead contamination. The amount of hazardous toxic-waste that Sandy may have unearthed at Superfund sites like these makes it essential that there is a thorough evaluation of possible waste disturbance.
In addition to the Superfund sites, other concerns such as fuel spills and issues at water treatment facilities have members of the Coast Guard, officials from the EPA and the states of New York and New Jersey working to quell the threats. One thing is for certain: a considerable amount of work still needs to be done in order to assess the flooding damage.
To accurately determine the extent of the contamination caused by Sandy, numerous water samples must be collected and analyzed. The management of this data becomes extremely important due to the possible outcomes that may be discovered. By organizing this critical data in a centralized, Cloud-based environmental management platform, its accuracy is improved, and information can be analyzed at portfolio level a thousand times faster, providing actionable insight in real time- which is crucial in a situation like this. Having a system like this in place will help the EPA and affected parties to not only assess the nature and extent of possible contamination spread more accurately and faster, but it will also help to prepare better for future events of a similar nature. Information on which remedies worked, and which did not work as well, will assist the EPA and owners of contaminated sites with knowing what improvements are necessary.
SAN FRANCISCO, Calif., 12 November 2012 — Locus Technologies (Locus), the industry leader in Cloud-computing enterprise software for environmental, energy, air, water, and compliance management, announced today that the company has undergone a Service Organization Control 1SM examination resulting in a CPA’s report stating that management of Locus Technologies maintained effective controls over the Financial Reporting of its Software as a Service (SaaS) system. The engagement was performed by Cropper Accountancy.
A SOC 1SM report is designed to meet the needs of existing or potential customers who need assurance about the effectiveness of controls at Locus that are relevant to its financial reporting system. This report was prepared in accordance with Statement on Standards for Attestation Engagements (SSAE) No. 16, Reporting on Controls at a Service Organization, and is specifically intended to meet the needs of the entities that use Locus’ SaaS software and the CPAs that audit Locus’ financial statements, in evaluating the effect of the controls at Locus on the company’s financial statements. Locus’ SOC 1 report is a Type 2–report stating that the presentation and description of Locus’ system is fair, and that its design and operating effectiveness of controls do achieve the related objectives included in the description throughout a specified period of time.
The SOC 1SM report places Locus in a rare category among environmental information management providers to have attained this rigorous classification. In today’s corporate social responsibility (CSR) and risk-management environment, it is essential that service providers like Locus demonstrate that they have adequate controls and safeguards in place so customers can be confident that their data are safe, and that they are being charged fairly.
“We are pleased that our SOC 1SM report has shown that we have the appropriate financial controls in place. This is in addition to a SOC 2 SM report that we received recently that is focused on mitigating risks related to security, availability, processing integrity, confidentiality and privacy of customers’ environmental, energy, sustainability, and compliance data stored in Locus’ Cloud,” said Dr. Neno Duplan, President and CEO of Locus. “The culture here at Locus is to put our customers first at all times, and it is essential that they feel secure with our financial information management and in trusting us with their data.”
Environmental, Energy, Emissions, and Compliance Management in the Cloud presented by Locus’ CEO, Neno Duplan.
RailTec, University of Illinois at Urban-Champaign
Abstract of Original 2012 Presentation Follows:
As they go about the lengthy, tedious, expensive and very often dirty job of decontaminating polluted industrial sites, environmental consultants bill their clients by the hour, capturing…and then completely controlling…the superabundance of project-related environmental data that underlies remediation strategies. As a result of this process, a “consultant-centric model” has dominated the field of corporate environmental data management. This is primarily because environmental data is not integral to the daily functioning of a company, and because the quantities and complexities of the data produced are enormous. So company managers are generally quite comfortable with letting their consultants do all the querying, analysis, reporting…and then storing the data.
And since the consultants derive increased billing hours from controlling their clients’ data, the ultimate incentive for them is a renewed or extended contract, an outcome which, though certainly not guaranteed, is optimized by their control of the data.
But change is coming. The environmental data management practices of corporations and their consultants are undergoing a profound transformation as new Web-based software provides a low-cost means of making available the critical information that organizational decision makers need not only to better understand and manage their overall environmental liabilities but also to improve their operations by analyzing the valuable data. While environmental data is collected primarily for compliance reporting, when mined with the right tools it can also be used to point to weaknesses in data gathering and processing operations and provide valuable information on how to eliminate or reduce these.
A new “company-centric” environmental data management model now offers a remote data repository situated in the Internet “Cloud” and equally accessible in real time to all, including both the client and its consultants.
Cloud computing is a software outsourcing model that offers great promise for managing environmental, energy, emissions, and compliance information of any type. It is slowly making its way into companies that have to manage large quantities of data and meet routine compliance requirements. The model fits the way environmental information needs to be managed through mashups (applications that integrate data or functionality from multiple sources or technologies), and has the potential to completely upend the way railroad industry organize, manage, and report their environmental and energy data and information. Companies that have large portfolios of sites and facilities can use Cloud computing as a very low-cost means to take control of their mission-critical environmental data and information, gain new functionality and capabilities, and at the same time circumvent the involvement of their IT department if they so desire.
Cloud-based data management can completely replace existing stand-alone data systems and reporting tools to provide a comprehensive integrated solution to the railroad industry’s one of the most vexing problems—the centralization and management of complex data pertaining to contaminated water, groundwater, soil, and air.
At many contaminated transportation sites or at facilities and other sites contaminated with hydrocarbons, Cloud-based information management systems already provide market-tested solutions that were rapidly deployed and provide a high level of functionality and data security, an extensive set of QA/QC standards, and scalability.
The Cloud provides a platform for the complete electronic processing of analytical data, emissions data, compliance activities, and sustainability data beginning with the upload of electronic data deliverables from labs, and terminating in state-mandated or federal regulatory exports and reporting. When companies use such Software as a Service (SaaS) models, they eliminate most of the difficulties associated with the management of complex data sets while offering the opportunity for more rapid customization of data reporting to meet the changing needs of the industry.
SAN FRANCISCO, Calif., 24 September 2012 — Locus Technologies (Locus), the industry leader in Cloud-computing enterprise software for environmental, energy, air, water, and compliance management,
A SOC 2SM report is designed to meet the needs of existing or potential customers who need assurance about the effectiveness of controls at Locus that are relevant to the security, availability, or processing integrity of the system used by Locus to process customers’ information, or the confidentiality or privacy of that information. The SOC 2SM report places Locus in a rare category among environmental data management providers to have attained this rigorous classification. In today’s corporate social responsibility (CSR) and risk-management environment, it is essential that service providers like Locus demonstrate that they have adequate controls and safeguards in place so customers can be confident that their data are safe.
“We are pleased that our SOC 2SM report has shown that we have the appropriate controls in place to mitigate risks related to security, availability, processing integrity, confidentiality and privacy of customers’ environmental, energy, sustainability, and compliance data stored in Locus Cloud,” said Dr. Neno Duplan, President and CEO of Locus. “The culture here at Locus is to put our customers first at all times, and it is essential that they feel secure in trusting us with their data.”
The following principles and related criteria have been developed by the American Institute of CPAs (AICPA) and the Canadian Institute of Chartered Accountants (CICA) for use by practitioners in the performance of trust services engagements:
A SOC 2SM report is an internal control report on the services provided by Locus to its customers and provides valuable information that existing and potential customers of the service organization need to assess and address the risks associated with an outsourced service.
SAN FRANCISCO, Calif., 17 September 2012 — Locus Technologies (Locus), the industry leader in Cloud-computing enterprise software for environmental, energy, air, water, and compliance management, has been recognized as one of 12 leading environmental management software suppliers globally in the report “Green Quadrant® Environmental Management Software, 2012.” This report by Verdantix, an independent analyst firm who provide data, analysis and advice in the areas of energy, environment and sustainability, reveals that Locus offers a compelling feature/function set, and its large-scale deployments across industries respond to customers’ preferences for solutions that can match the expanding scale of their EH&S programs.
The Verdantix report recognizes Locus for having strong environmental management software capabilities, and awards it high scores for providing domain-specific and predefined environmental monitoring functionality. It recognizes Locus for providing easily configurable gateways for integration, strong target setting, benchmarking, and analytics tools; among a group of suppliers, the report recommends Locus’ suite of products and services for both firms that require a high level of integration, and firms that have mature strategies.
Thanks to Locus’ presence in the environmental management market for more than 10 years, boasting a solid customer base, and because Locus’ services are offered through the Cloud, its business model allows for flexible pricing models, quicker product updates to follow regulations, and faster deployment. In addition, the report notes that Locus has invested resources to develop specialized capabilities in waste and subsurface water-quality data management within its EIM software.
‘’In the past, implementing EH&S software has been driven by compliance and risk-reduction concerns. Our analysis uncovered a new desire among customers in sectors like chemicals and manufacturing to use software to improve environmental performance. This expands the business case beyond a narrow compliance mind-set,” said Emilie Beauchamp, Verdantix Industry Analyst. “Software suppliers now offer new capabilities to respond to firms’ ever-growing requirements to manage, report and optimize their environmental performance across greenhouse gases, hazardous waste, water, toxic releases, toxic chemicals, and refrigerants.’’
Locus ePortal addresses this need for broad-ranging environmental data management functionality. It provides full integration of energy and environment-related sustainability applications into environmental enterprise-resource planning (EERP). This platform for end-to-end energy and environmental sustainability management has been the core of Locus’ offering via the Cloud since 1999.
“We are very pleased that Verdantix has recognized Locus as one of the top suppliers of environmental management software,” said Dr. Neno Duplan, President and CEO of Locus. “The report recognized what long has been Locus’ strategy— shifting the agenda from that of a support and compliance process function up to a strategic and cost-reduction function for private and public-sector organizations. With our suite of diverse but well integrated products to organize water, energy, waste, and carbon emissions information across different regulatory frameworks, Locus will continue to lead the environmental software market,” noted Dr. Duplan.
“Forward-looking firms are already starting to deploy environmental management software on a global scale, but most multinationals have immature EH&S technology strategies. They manage their environmental data, systems, and processes through a patchwork of legacy apps, spreadsheets, and internally developed tools,’’ remarked David Metcalfe, CEO of Verdantix. “This Verdantix Green Quadrant product benchmark provides an independently researched, data-driven platform to help EH&S directors and CIOs accelerate and de-risk environmental management software selection.”
ABOUT VERDANTIX
Verdantix is an independent analyst firm. We provide authoritative data, analysis and advice to help our clients resolve their energy, environment and sustainability challenges. Through our global primary research and deep domain expertise we provide our clients with strategic advice, revenue generating services, best practice frameworks, industry connections and competitive advantage.
For further information, please visit www.verdantix.com.
Organizations around the world face increasing regulations focusing on environment, health and safety (EHS) issues. Managing these rules and regulations are a very resource-intensive activity with greater risk of brand damage, penalties, and fines for non-compliance.
Organizations have to spend significant resources in tracking these regulations carefully, and organizations have to be even more vigilant with changing international regulations, which can affect business agility and continuity.
This month Environmental Protection Agency announced new air quality standards intended to reduce the amount of soot that can be released into the air.
Environmental groups and public health advocates welcomed the move by the EPA, saying it would protect millions of Americans at risk for soot-related asthma attacks, lung cancer, heart disease and premature death.
EPA said that the new rule is based on a rigorous scientific review. All but six counties in the United States would meet the proposed standard by 2020 with no additional actions needed beyond compliance with existing and pending rules set by the EPA.
The rules include controversial regulations governing mercury emissions and cross-state air pollution emitted by power plants. The new rule would set the maximum allowable standard for soot in a range of 12 to 13 micrograms per cubic meter of air. The current annual standard is 15 micrograms per cubic meter. The EPA said it would start designating counties that fail to meet the new soot standards as soon as 2014.
Soot, made up of microscopic particles released from smokestacks, diesel trucks and buses, wood-burning stoves and other sources, contributes to haze and can burrow into lungs. Breathing in soot can cause lung and heart problems.
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Locus Technologies provides cloud-based environmental software and mobile solutions for EHS, sustainability management, GHG reporting, water quality management, risk management, and analytical, geologic, and ecologic environmental data management.