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BWise Integrates Sustainability Into Daily Management(October 24, 2011)
NEW YORK, NY and 'S-HERTOGENBOSCH, THE NETHERLANDS -- (Marketwire) -- 10/24/11 -- BWise, the global leader in Governance, Risk management and Compliance (GRC) software solutions, announced today its new solution for Sustainability Performance Management (SPM). BWise SPM integrates the management of sustainability risks into daily operations, following a risk management approach. BWise SPM is based on the BWise GRC platform and enables organizations to get in control of sustainability issues.
Sustainability information typically exists in different parts of complex global organizations. Due to this, creating a process to control sustainability issues and related risks is challenging. Mikko Valtonen, Business Development Director Sustainability and EHS at BWise, said, "A siloed approach to sustainability management processes can become tedious. BWise has developed a convenient SPM solution to assist companies efficiently collect, analyze, report and filter up sustainability performance information to the corporate level, using risk management methodology and its state of the art GRC platform technology."
BWise has also recently joined the Integrated Reporting initiative to integrate all its reporting cycles into one. The SPM solution from BWise is built upon the company's years of experience in both risk management and sustainability management.
The BWise SPM solution is based on a best practice approach using reporting standards like the GRI (Global Reporting Initiative). To introduce its SPM solution to the market, BWise is hosting a webinar on October 27, "Incorporate Sustainability Performance Management into your Daily Operations." Mike Wallace, Director at The Global Reporting Initiative (GRI), with Mikko Valtonen will present:
- Sustainability Performance Management: why it is important
- Best Practice: collect, analyze, report and manage sustainability performance
- Comply to and report on global guidelines, such as GRI G3, Greenhouse gas protocol and Carbon Disclosure Project requirements
- Incorporate sustainability into daily operations
- Improve corporate performance using comparable and reliable sustainability data
- Create one corporate register with site-specific details
- Perform risk assessments at any level
Mikko Valtonen, also said, "If sustainability performance management is implemented correctly, it will drive great competitive advantages such as, reputation in the marketplace, finding new business opportunities through sustainable product innovations and attract better staff by offering a great place to work. Cost savings and efficiency in operations can also be found through sustainability initiatives." More information is available at: www.bwise.com.
BWise, established in 1994, is the global leader in Enterprise Governance, Risk Management and Compliance (GRC) software. Based on a strong heritage in business process management, BWise delivers a truly integrated and proven GRC platform.
With this platform, BWise supports an organization to track, measure and manage key organizational risk in one integrated system. By doing so, BWise helps customers to be truly in control by sustainably balancing their performance and risks. BWise also enables it customers to increase corporate accountability; strengthen financial, strategic and operational efficiencies; and maximize performance, while understanding risks. Using BWise, organizations are able to comply with regulations such as Sarbanes-Oxley, ISAE3402/SAS-70, PCI, Solvency II, Basel II and III, Dodd-Frank, ISO-standards, European Corporate Governance Codes and many more.
BWise provides for the GRC needs of hundreds of customers, worldwide, across all industries. Customers include AEGON, AngloGold Ashanti, Connexxion, Health Alliance Plan (HAP) of Michigan, LeapFrog, Liebherr, Marathon Oil, Southern Company, Swiss Life, TNT and Transcontinental. BWise has offices in the Netherlands, United States, Germany, France and the United Kingdom. For more information, visit www.bwise.com.
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