ESS Recognized as Emerging Leader in Enterprise Carbon Accounting
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TEMPE, Ariz. - June 10, 2009 - ESS, the leading provider of Environmental, Health and Safety (EH&S) and Crisis Management software for enterprise sustainability, has been named as an emerging leader among enterprise carbon accounting (ECA) system providers by Groom Energy Solutions.
In a new report called "Enterprise Carbon Accounting: An Analysis of Organization-Level Greenhouse Gas (GHG) Reporting and a Review of Emerging GHG Software Products," Groom Energy Solutions identified ESS as a market leader based on strength of product/technology, number of customer deployments, financial strength and corporate vision.
"We want to help CIOs, CFOs, directors of EH&S and sustainability and consultants understand the drivers for GHG/carbon emissions tracking, calculation and reporting and to identify software vendors who can help meet those challenges," said Paul Baier, Vice President for Consulting at Groom Energy Solutions. "ESS is clearly a leader in the ECA space as well as the EH&S sustainability software market."
Groom Energy Solutions estimates that the number of organizations implementing ECA software solutions will quadruple by 2012. The report says, "As investors, customers, employees, communities, and governments insist on more accurate carbon emission data, organizations are beginning to track carbon emissions as rigorously as they track revenue and expenses. Just as organizations purchased financial accounting software to automate their process of financial data management, they will similarly invest in ECA software to automate the process of carbon data management."
"Tighter compliance and voluntary reporting standards require verifiable data. Since 1993, ESS has provided thousands of organizations with verifiable EH&S information and we’ve been at the forefront of air emissions and GHG/carbon data management," said Robert Johnson, President and CEO of ESS. "Now the ECA market is heating up and a growing number of firms are selecting ESS solutions - including a Fortune 50 energy company and a major international power utility, just since the report was published."
"By addressing ECA as part of an integrated EH&S platform, ESS user organizations can also limit the number of systems required for enterprise sustainability - thereby reducing complexity and costs," Johnson continued. "We appreciate Groom Energy recognizing ESS’ leadership as we help our customers transform ECA into a powerful new driver for efficiency and growth."
About Groom Energy
Groom Energy Solutions provides renewable and energy efficiency solutions to companies across the U.S. The company designs, engineers and installs energy technology projects that help reduce costs while also reducing an organization’s environmental footprint. For information, visit www.groomenergy.com.
About ESS
ESS was acquired by IHS (NYSE: IHS - www.ihs.com) in September, 2009. IHS is a leading global source of critical information and insight dedicated to providing the most complete and trusted information and expertise. IHS product and service solutions span four areas of information that encompass the most important concerns facing global business today: Energy, Product Lifecycle, Security, and EHS, all supported by Macroeconomics. By focusing on our customers first, IHS enables innovative and successful decision-making for customers ranging from governments and multinational companies to smaller companies and technical professionals in more than 180 countries. IHS is celebrating its 50th anniversary in 2009 and employs approximately 4,000 people in 20 countries.
