Sphera EC4P and Sphera BOMcheck have both been recognized as Top Products of the Year, and Sphera BOMcheck has won the Judges’ Choice Award for the best overall product.
Chicago, IL (July 20, 2021) – Sphera, a leading provider of Environmental, Social and Governance (ESG) software, data and consulting services, is proud to announce that it has won two Product of the Year awards from Environment + Energy Leader.
Sphera EC4P guarantees compliance with recycling regulations for waste electrical and electronic equipment (WEEE or e-waste), batteries and packaging in countries around the world. In the European Union, for instance, there are 84 regulations with over 330 recycling schemes to choose from, and in North America over half of all U.S. states and Canadian provinces now have some form of e-waste legislation with more to be enacted by year’s end.
In addition to providing a centralized compliance solution that maps over 350 recycling scheme reporting formats and registrations, the EC4P platform now provides its members with a personalized ESG Metrics dashboard that shows the total weights and units the company recycled using EC4P. In 2020, we helped our customers recycle 7.8 million electronics, batteries and packages with a combined total weight of 14,919 tonnes.
The number of substances which are restricted in products is increasing exponentially every year. Sphera BOMcheck is a centralized blockchain web database that saves time and cost for suppliers and manufacturers by keeping up to date with the most stringent regulations for each relevant substance while providing tools, training and chemical guidance to help suppliers create and share standardized, high-quality declarations. The BOMcheck product analytics tools provide ESG metrics on the use of hazardous substances in each company’s supply chains.
All companies supplying products in Europe are now required to report information into the new European Chemicals Agency (ECHA) Substances of Concern in Products (SCIP) database if they include articles that contain REACH-regulated substances above 0.1%. BOMcheck member companies have now submitted over 6 million SCIP dossiers to the SCIP database from every country in Europe and across all major industries. That’s over 80% of all the SCIP dossier submissions across Europe.
In addition to being recognized as a Top Product of the Year, Sphera BOMcheck also won the Judges’ Choice Award for the best overall product. One judge commented, “Having a singular international database platform where suppliers and manufacturers can easily share information about substances and their regulatory status is invaluable.” Another judge added, “Employing blockchain to ensure security and supplier IP is a great solution especially with visibility for both parties involved.”
“Enabling our customers to understand, optimize and communicate their product ESG performance is critical to our mission of creating a safer, more sustainable and productive world,” said Sphera President & CEO Paul Marushka. “We are honored to be recognized by Environment + Energy Leader for our ESG solutions delivering on that mission.”
For close to a decade, the Environment + Energy Leader Product of the Year Awards have recognized the top products to help sustainability professionals achieve their goals.
Sphera creates a safer, more sustainable and productive world. We are a leading global provider of Environmental, Social and Governance (ESG) performance and risk management software, data and consulting services with a focus on Environment, Health, Safety & Sustainability (EHS&S), Operational Risk Management and Product Stewardship.