GlobeNewswire

Sphera Launches New Cloud Solution to Simplify Emissions Management and Compliance

Share

SpheraCloud Environmental Accounting helps companies evolve from compliance to performance by establishing an auditable record for emissions management and delivering the insights that help benchmark and optimize asset performance

CHICAGO, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Highly regulated companies can no longer focus solely on complying with environmental regulations. Investors, organizational leadership and the public expect maximum asset performance along with a reduced environmental impact. To help companies meet these expectations, Sphera, a leading global provider of Integrated Risk Management software, data and consulting services, has released a new cloud-based Environmental Accounting solution that reduces users’ regulatory compliance burden while delivering advanced insights to improve environmental sustainability.

The new Environmental Accounting solution is available on SpheraCloud, Sphera’s multitenant, Software as a Service (SaaS) and mobile platform that provides an integrated suite of applications to proactively mitigate and manage safety, sustainability and productivity risks across an enterprise.

SpheraCloud Environmental Accounting offers a broad set of data management and calculation functionality for emissions inventory, corporate reporting and greenhouse gas reporting required to support today’s rigorous regulatory programs.

Without the right technology and tools in place, managing the complexity of required regulatory reporting leaves little time to focus on optimization. SpheraCloud Environmental Accounting presents both quantitative and qualitative data about emissions management in a single, dynamic screen. It dramatically reduces the time and effort to create reports and informational views, which saves time and allows for the proactive mitigation of risks from noncompliance.

SpheraCloud Environmental Accounting brings high transparency to a company’s emissions calculation. The data also powers corporate sustainability initiatives by feeding accurate, centralized and standardized emissions data into corporate reporting tools and helps ensure compliance with a single, traceable corporate system of record for emissions and operations data.

“Building on Sphera’s decades of experience using the powerful and trusted emissions calculation engine, we have now made the architecture and platform a fully integrated risk management offering for SpheraCloud,” said Sphera President and CEO Paul Marushka. “We have further enhanced all facets of the user experience to make everything—from data entry to troubleshooting to reporting—seamless. It is all powered by the real-time calculation engine that provides immediate actionable insights to drive performance. Additionally, SpheraCloud Environmental Accounting is designed to have customers up and running quickly for a faster return on investment.”

Watch the demo video or view the brochure to learn how Sphera’s Environmental Accounting solutions can help move your organization from environmental compliance to environmental performance.

About Sphera
Sphera creates a safer, more sustainable and productive world. Our innovative cloud-based risk management platform connects an unprecedented amount of information that leads to deeper insights across an enterprise. We operationalize, scale and optimize Integrated Risk Management strategies to help customers identify, manage and mitigate risk in the areas of Environment, Health, Safety & Sustainability (EHS&S), Operational Risk Management and Product Stewardship.

For further information or to request an interview, please contact:
Ellen Bremseth, Manager, Marketing Comms, Sphera, ebremseth@sphera.com


About GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

Disclosure Under Chapter 9 Section 5 of the Securities Market Act (BlackRock, Inc.)19.1.2021 14:50:00 CETPress release

SAMPO PLC STOCK EXCHANGE RELEASE 19 January 2021 at 3:50 pm Disclosure Under Chapter 9 Section 5 of the Securities Market Act (BlackRock, Inc.) Sampo plc (business code 0142213-3) has received a disclosure under Chapter 9, Section 5 of the Securities Markets Act, according to which the total number of Sampo A shares (ISIN: FI009003305) owned directly, indirectly or through financial instruments by BlackRock, Inc. (USA tax ID 32-0174421) and its funds decreased on 18 January 2021 below five (5) per cent of Sampo plc's total stock. Sampo's share capital comprises 555,351,850 shares, of which 554,151,850 are A shares and 1,200,000 are B shares. Each A share entitles its holder to one (1) vote and each B share to five (5) votes. Thus, the total number of votes is 560,151,850. Total positions of BlackRock, Inc and its funds subject to the notification: % of shares and voting rights (total of A)% of shares and voting rights through financial instruments (total of B)Total of both in % (A+B)Re

Vertex Extends Relationship with Adobe as a Premier Partner in the Adobe Exchange Program19.1.2021 14:37:00 CETPress release

Partnership and integrated tax software simplify tax compliance, creating seamless customer experience for customers KING OF PRUSSIA, Pa., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a leading provider of tax technology and services, announced that it is extending its relationship with Adobe as a Premier Partner in the Adobe Exchange Program. Vertex will continue to provide seamlessly integrated tax calculation functionality for Magento Commerce, part of Adobe Experience Cloud. Vertex delivers a tax technology automation solution to Magento Commerce merchants that need to collect sales tax, as well as file and pay returns. The constant changes in rules and rates across jurisdictions, states, and products create a need for automated software to accurately calculate tax throughout the complete purchase lifecycle. Vertex is among a select number of partner technologies bundled into core Magento Commerce code in order to simplify the onboarding

XBiotech Announces Cerebrovascular Medical Advisory Board & Development of New Stroke Therapy19.1.2021 14:15:00 CETPress release

Appointments Include: Chair, Clay Johnston, M.D., Ph.D. as well as Members Greg Albers, M.D. and Brett Cucchiara, M.D. AUSTIN, Texas, Jan. 19, 2021 (GLOBE NEWSWIRE) -- XBiotech Inc. (NASDAQ: XBIT) announced today the first meeting of its Cerebrovascular Medical Advisory Board (CMAB). The CMAB is comprised of key opinion leaders who specialize in cerebrovascular diseases including ischemic stroke, which is the third leading cause of death and second leading cause of disability in the world. The CMAB is chaired by Clay Johnston, M.D., Ph.D., Dean of Dell Medical School, Vice President for Medical Affairs, University of Texas, Austin. Members of the board include Greg Albers, M.D., Director of Stanford University Stroke Center, and Brett Cucchiara, M.D., Director of the Neurovascular Ultrasound Laboratory at the University of Pennsylvania. The CMAB is providing expert Medical and Clinical guidance for XBiotech’s new candidate neuroprotectant, anti-inflammatory True Human™ antibody therapy

Madison Realty Capital Provides $53 Million Construction Financing to Heritage Equity Partners for Multifamily Development in Brooklyn19.1.2021 14:00:00 CETPress release

NEW YORK, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Madison Realty Capital, a New York City based real estate private equity firm focused on debt and equity investment strategies, today announced it has provided $53 million in construction financing to Heritage Equity Partners, led by Toby Moskovits and Michael Lichtenstein, for a 150-unit ground-up multifamily development located at 875 4th Avenue between 32nd and 33rd Streets, in “South Park Slope,” also known as the Sunset Park neighborhood of Brooklyn, NY. The construction loan features a LIBOR-based floating rate and was arranged by Meridian Capital Group and its Director Elliot Kunstlinger, who has a working relationship with both Heritage Equity Partners and Madison Realty Capital. The project is expected to be completed by the second quarter of 2022. Heritage Development, a vertically integrated development and management firm with a focus on residential, commercial, and hospitality projects, is serving as general contractor for the pr

Hot Cloud Storage Provider Wasabi Fuels Continued Growth with $27.5 Million Funding Round19.1.2021 13:00:00 CETPress release

New debt financing will support capital investments as Wasabi expands its global footprint Boston, MA, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Wasabi, the hot cloud storage company, today announced that it has raised $27.5 million in debt financing from MGG Investment Group, LP (“MGG”), a leading private investment firm. The new funding will be used to bolster the company’s infrastructure, including constructing additional data centers in new geographies, to meet accelerating global demand for Wasabi’s affordable, predictable and simple cloud storage solutions. This funding follows the company’s April 2020 $30 million equity round, bringing Wasabi’s total financing raised since launch to nearly $140 million. Today’s announcement comes on the heels of a banner year for Wasabi. In 2020, the company’s total storage expanded 150%, annual revenues grew by more than 3 times over 2019, and the customer base increased to more than 21,000 businesses, educational institutions, municipalities and techn

Nordic American Tankers Ltd (NYSE: NAT) – Ships makes the world go19.1.2021 12:08:01 CETPress release

January 19, 2021 Dear Shareholders and Investors, Information provided by the New York listed Nordic American Tankers Ltd. The below 2 minutes video by BIMCO is illustrating the importance of the seagoing transportation business. 90% of the world trade is carried by ships. BIMCO, an assosiation of shipping companies, is based in Copenhagen, Denmark. https://www.bimco.org/ShipsMakeTheWorldGo Sincerely, Herbjorn Hansson Founder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other state

AIR Worldwide Collaborates with experts at the Brookings Institution and AXIS Capital to Quantify the Impact from Climate Change on Hurricane Risk19.1.2021 12:07:00 CETPress release

BOSTON, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Catastrophe modeling firm AIR Worldwide (AIR), in collaboration with experts from the Brookings Institution and AXIS Capital Holdings Limited, released a report which explores how climate change may affect hurricane risk in the United States by 2050, specifically related to financial losses to residential and commercial properties. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. “Climate-related risks are among the most serious issues facing the world today and insurers have a critical role to play in mitigating them. Investing in ongoing research like today’s, in partnership with AIR and Brookings scholars, is essential,” said Albert Benchimol, President & CEO at AXIS. “While climate change is likely to affect hurricanes in multiple ways, the report highlights two important aspects: an increase in the frequency of the strongest storms, and additional storm surge flooding due to sea level rise.” The analysis relies on the AIR Hurricane Model