Future-Proofing Compliance: Insights From 19 Environmental Compliance Software Providers

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Future-Proofing Compliance: Insights From 19 Environmental Compliance Software Providers

Firms navigating the intricate landscape of environmental regulations, such as those from the EPA in the US or various directives in the EU, are finding value in partnering with environmental compliance software providers. As organizations scale their operations to span multiple jurisdictions, there is pressure to digitize the collection of environmental data and automate emission calculations to add assurance to regulatory reporting. The growing presence of ESG initiatives, highlighted by the phasing in of the CSRD, obliges a broader scope of firms to report on environmental compliance data and underscores the added pressure from ESG frameworks for greater environmental transparency.

Environmental compliance software offers a streamlined solution, enabling organizations to comply with air emissions, GHG emissions, hazardous waste, and water and wastewater regulations. The Verdantix EHS global corporate survey finds that 55% of firms are planning to increase spend on environmental compliance in 2024. Environmental compliance software can consolidate compliance efforts and future-proof organizations against regulatory change.

Firms can better understand the innovative functionality in the market through our Smart Innovators report on environmental compliance software. We highlight capabilities across air emissions, GHG emissions, hazardous waste, and water and wastewater management through our benchmark of 19 prominent vendors. Verdantix finds that vendors:

  • Partner with regulatory content providers for updated environmental permits.
    Verdantix found vendors typically integrate with STP Compliance and Enhesa, which have legal experts monitoring regulatory updates across various jurisdictions. These providers may leverage algorithms to automate identifying applicable permits based on factors such as industry sector, geographical location and organizational operational activities. Through this integration, users can stay informed about the latest regulatory changes, ensuring their permits remain up-to-date and compliant with evolving environmental standards.

  • Enable the ingestion of high volume and high frequency environmental data.
    Solutions support direct integrations with sensors, CEMS and SCADA systems that allow real-time environmental parameter updates. In cases where data is missing or incomplete, the software can apply predefined substitutions based on valid ranges, sensitivity adjustments, or comparisons with historical data. This enables organizations to respond promptly to deviations or incidents and comply with regulatory requirements.

  • Facilitate emission calculations through integrations with emission factor databases or in-built libraries.
    These databases contain preloaded equations and variables necessary for accurate emissions calculations across various pollutants and regulatory frameworks. Vendors further offer configurable formula builders and calculation engines that leverage emission factors to tailor the solution to meet users’ specific regulatory obligations.

 

Verdantix benchmarked 19 vendors: Benchmark Gensuite, Cority, Denxpert, DNV, EcoOnline, Enablon, ERA Environmental, Evotix (an SAI360 company), Ideagen DevonWay, Ideagen EHS (formerly ProcessMAP), Intelex, IsoMetrix, Lisam ComplyStation, Mapistry, Origami Risk, Quentic, Sphera, UL Solutions and VelocityEHS. To learn more, see Verdantix Smart Innovators: Environmental Compliance Software.

Rain Chiang

Analyst

Rain is an Analyst in the Verdantix EHS practice. His current research agenda focuses on the intersection between EHS and ESG priorities. Prior to joining Verdantix, Rain gained consulting experience from internships at EY and P&G. He holds an MA in Economics and Politics from the University of Edinburgh.