Sphera is excited to partner with Blackstone on this next stage of our journey as we further our mission to create a safer, more sustainable and productive world. We would also like to thank Genstar Capital for their valuable contributions and strategic partnership over the years. We couldn’t be more excited for what the future holds for us—but especially for our customers.
Advancing our Environmental, Social and Governance (ESG) and risk management capabilities to help our customers advance their Environment, Health, Safety & Sustainability (EHS&S), operational risk management and product stewardship journeys has been our goal since the company was formed a little over five years ago. At that time, we put a plan into place to disrupt the EHS&S, operational risk management and product stewardship space with our unparalleled data, software and expertise. That idea quickly took shape when we launched SpheraCloud in 2017.
Today, I’m happy to say, SpheraCloud is better than ever, and we are delivering on our vision of creating an end-to-end ESG and risk management integrated platform for our customers.
This week, we launched several enhancements to SpheraCloud that have been in the works for months, including a single sign-on feature that allows users to access their Sphera applications in one place with one login as well as an improved user experience that features a standardized look and feel. Additionally, with mobile capability, users can access their information wherever they are. In other words, SpheraCloud is now more intuitive, more advanced, more user-friendly and more interconnected than ever before thanks to the hard work of our Product and Technology teams.
Being able to get the right people the right information at the right time is a key part of advancing risk management and ESG performance. In today’s competitive marketplace, investors are paying more and more attention to ESG, and it is quickly becoming one of the most important investment criteria. Being able to access all of the safety, sustainability and productivity performance information from one platform can not only help companies make better business decisions but also allow them to advance their ESG strategy while offering investors greater transparency.
The days when compliance was enough are long gone; a company’s reputations depends on its ability to ensure the safety of its people, processes and assets while also focusing on meeting the Net Zero objectives laid out under the Paris Agreement.
Blackstone’s investment in Sphera accelerates our efforts in deploying resources to assist you with your ESG risk and performance management objectives. As Blackstone’s website states, “As the world’s largest alternative asset manager, we are uniquely positioned to make a positive impact through our investments and to strengthen the communities in which we live and work.”
We look forward to our new partnership with Blackstone as we advance our product roadmap as well as our data and service offerings to help create a safer, more sustainable and productive world.