Sphera

🌍 Navigating the New Era of Sustainability Reporting 🌍 The Corporate Sustainability Reporting Directive (CSRD) elevates sustainability reporting to the level of financial reporting and ensures transparent, comparable ESG performance disclosures. With its expanded scope, the CSRD introduces groundbreaking requirements like double materiality assessments, applies to non-EU companies with substantial EU operations and mandates value chain reporting. In-scope companies will need to align with the 12 European Sustainability Reporting Standards (ESRS), and the ESRS E1 climate change standard is one of the most complex of these standards. Learn more about the CSRD’s scope, timeline and key components as well as how to approach the ESRS E1 standard in our CSRD Guide. Download it now: bit.ly/3E1MWae #Sphera #CSRD #ESGCompliance #Sustainability #ClimateReporting

🎉 Congratulations to our exceptional Talent Acquisition team on this incredible achievement. Your dedication and commitment to excellence are truly inspiring.   Let’s continue driving positive impact together!   #Sphera #PositiveImpact #TalentAcquisition #HRExcellence

Sphera’s 2025 Supply Chain Risk Report highlights the escalating challenges businesses faced in 2024, as global supply chains contended with financial instability, compliance pressures and rising quality risks. Key findings reveal significant financial challenges among suppliers, with bankruptcy declarations surging by 48% and force majeure declarations jumping 61% year-over-year. These indicators underscore the growing fragility of supply chain partners and the urgent need for businesses to proactively monitor and mitigate risks. Supplier site relocations, driven by cost pressures and market dynamics, led to a 54% increase in hazardous material risks and a 19% rise in product recalls. These surges highlight the critical importance of robust oversight and proactive quality management to protect operational and reputational continuity. Paul Marushka, CEO of Sphera, emphasized the report’s importance: “The findings from this year’s report highlight the need for real-time insights, predictive analytics and data-driven strategies to ensure resilience. By addressing these risks proactively, companies can transform vulnerabilities into competitive advantages while navigating today’s complex landscape.” This year’s findings underline the increasing complexity of supply chain risks and the importance of resilient, sustainable strategies for business leaders. For more insights: bit.ly/4jutjb8 #Sphera #SupplyChain #RiskManagement

Transforming Chemical Management: Discover Sphera’s Enhanced Substance Library Staying ahead in chemical management requires precise data and robust systems. Sphera’s enhanced Substance Library empowers organizations to overcome ingredient data challenges by providing access to validated, standardized data for over 400,000 substances. These enhancements streamline data validation, improve integration with downstream systems and optimize reporting accuracy. Key benefits include: • Automated ingredient data validation to save time and reduce errors • Enhanced search capabilities to identify substances by chemical category, such as PFAS • Reliable, standardized data to meet regulatory demands effectively Discover how Sphera can help your organization stay ahead. Watch our webinar for insights on the latest Substance Library features and their impact on chemical management: bit.ly/4fOiqgZ #Sphera #ChemicalManagement #DataValidation #RegulatoryCompliance #PFAS

Revolutionizing Supply Chain Transparency Global supply chains have transformed over the past few decades, enabling businesses to thrive in a connected world. Yet, a series of unprecedented disruptions, ranging from the pandemic to geopolitical tensions and climate change, has exposed vulnerabilities in these complex systems. Today’s landscape demands more than resilience – it requires actionable visibility into every tier of the supply chain. Without it, organizations risk falling behind in compliance, sustainability and operational agility. Sphera’s Supply Chain Transparency (SCT) solution empowers businesses with granular data, advanced risk management tools and automated insights to anticipate disruptions, strengthen supplier relationships and achieve decarbonization goals. Discover how SCT helps businesses navigate complexity with confidence and turn supply chain challenges into opportunities for growth. Request a demo today: bit.ly/4jbjNcr #Sphera #SupplyChain #SupplyChainTransparency #RiskManagement #Sustainability

📢 Webinar Alert - Advancing Sustainability in the Chemical Sector: Creating Transparency in Product Carbon Footprints 📅 Date: January 30, 2025 🕤 Time: 9:30 AM CT 📍 Where: Virtual The chemical sector is at the forefront of the global sustainability movement, facing increasing pressure to align with ambitious climate goals. Transparency in product carbon footprints (PCF) is critical to achieving these objectives and driving meaningful change. Join us for an insightful webinar where our experts will discuss: • The value of PCF transparency for businesses and stakeholders • Overcoming challenges in calculating and verifying carbon data • Strategic roadmaps for embedding transparency into sustainability strategies • How industry collaboration can drive scalable progress Don’t miss this opportunity to gain actionable insights and position your company as a leader in the low-carbon economy. Register now to secure your spot: bit.ly/40d90px #Sphera #Webinar #Sustainability #ChemicalSector #PCF #CarbonData

How is your company addressing the challenges of Scope 3 reporting? We invite you to share your insights by participating in our survey: bit.ly/3CDX9sM Your perspective is essential in understanding how companies are managing their Scope 3 reporting responsibilities and identifying gaps between climate-related disclosure requirements and corporate reporting capabilities. Survey responses will form the foundation of our Annual Scope 3 Report, which will be published this spring. This report aims to provide actionable insights and help shape the future of sustainability reporting for everyone. Join other professionals in shaping the future of sustainability reporting. #Scope3 #Sustainability #RegulatoryCompliance

📢 WEBINAR ALERT Join us on January 15, 2025, at 10 AM CT for an exclusive webinar featuring insights into SpheraCloud’s cutting-edge Document Storage and Chemical Management solutions. Topics will include how to enhance your ingredient data quality and manage risk, streamlining access to safety and compliance documents, boosting efficiency with ROI-focused improvements and more. Our expert speakers — Laura Patrick, Abhishek Roy, Kimberly Bull and Josh Maunder — will guide you through the tools and strategies to elevate your Product Stewardship, EHS and Compliance programs. Learn more and register today and take your chemical management to the next level! bit.ly/4ahc20H #Sphera #EHS #Compliance #DocumentStorage #ChemicalManagement #Webinar

Sustainability, ESG, and EHS priorities are reshaping industries, and the Verdantix Green Quadrant: EHS Software 2025 report highlights Sphera’s leadership in these critical areas. "We are honored to be recognized as a market leader for our comprehensive data-driven approach to enterprise EHS and sustainability," said Paul Marushka, CEO and President of Sphera. The report emphasizes the value of comprehensive EHS systems that deliver actionable insights while addressing complex regulatory demands. Sphera’s platforms are built to empower decision-makers with the tools they need to foster growth and sustainability in an ever-changing landscape. "As organizations navigate increasingly complex ESG and sustainability regulatory landscapes in 2025, addressing risks related to hazardous materials and environmental incidents is more critical than ever,” Marushka added. With best-in-class capabilities and a strong focus on AI innovation, Sphera’s solutions are enabling organizations to streamline compliance, improve risk management, and reduce environmental impact. As the market evolves, Sphera remains committed to staying ahead, delivering transformative solutions, and helping businesses succeed in their ESG and sustainability journeys. Learn more: bit.ly/3BVW5jI #Sphera #EHS #ESG #Sustainability #GreenQuadrant #MarketLeader

🌎 Regulatory Update: Progress on California Climate-Disclosure Legislation California’s Climate-Disclosure Legislation (SB 253 and SB 261, amended by SB 219) is progressing, with the California Air Resources Board (CARB) releasing key updates in December 2024. An enforcement notice for SB 253 highlights flexible initial reporting requirements for Scope 1 and Scope 2 emissions, with reports due in 2026. Entities demonstrating good faith efforts to comply will not face enforcement for incomplete reporting during this transition. Additionally, CARB is soliciting feedback from affected entities to refine implementation strategies for SB 253 and SB 261, with a February 14, 2025, deadline for submissions. To learn more about these regulatory updates: bit.ly/42558cJ #Sphera #Sustainability #CARB #SB253 #SB261 DISCLAIMER: The information provided in this update is for general information purposes only, may not be updated in real time, and does not constitute legal advice. Please consult with your legal and other advisors to discuss your particular needs and circumstances.