Summary
Cut through the green tape
We don’t push agendas. At Net Zero Compare, we cut through the hype and fear to deliver the straightforward facts you need for making informed decisions on green products and services. Whether motivated by compliance, customer demands, or a real passion for the environment, you’re welcome here. We provide reliable information—why you seek it is not our concern.
Details
Deep dive
Solutions
Sphera offers several software solutions across different areas of sustainability and risk management. Their offerings include:
An integrated, cloud-based platform that offers various modules to address specific needs:
Environmental Accounting Software: Helps organizations track and manage environmental data, ensuring compliance with regulations and supporting sustainability initiatives.
Health and Safety Management Software: Assists in capturing, tracking, investigating, reporting, and analyzing health and safety information to reduce incidents and operational losses.
Corporate Sustainability Software: Enables efficient ESG and sustainability reporting, helping organizations meet regulatory compliance and sustainability goals.
2. Product Stewardship Solutions
Tools designed to ensure product compliance and sustainability:
Product Compliance Software: Manages global regulatory compliance, helping organizations keep up with ever-changing regulations.
Life Cycle Assessment (LCA) Software and Data: Assists in evaluating the environmental impact of products throughout their life cycle, supporting sustainable product development.
Chemical Management Software: Supports the management of chemicals from raw materials to final product packaging, ensuring compliance and safety.
3. Operational Risk Management
Solutions to proactively identify and assess risks:
Advanced Risk Assessment Software: Provides tools for process risk assessment, helping organizations establish a unified approach to identifying and mitigating risks.
A centralized web database for managing regulatory compliance and supply chain requirements. BOMcheck helps companies track substance compliance and manage supplier information, ensuring they meet global regulatory standards.
90-day free trial
An annual subscription fee of 329 euros for larger suppliers
Free for companies with annual turnover of less than 3 million Euros
5. Carbon Accounting Solutions
This suite supports companies in tracking and managing their carbon emissions across the entire value chain. Key offerings include SpheraCloud Corporate Sustainability – Portfolio Management, a tool for financial institutions to measure and manage the carbon footprint of their portfolios.
6. Supply Chain Transparency Software
Helps companies gain visibility into their supply chains, particularly around regulatory compliance, sustainability risks, and ethical sourcing, providing a clearer picture of environmental and social impacts.
Additional Offerings and Highlights
Sphera also provides expert consulting services to help companies implement and optimize their sustainability and compliance strategies.
Sphera offers both cloud-based (SpheraCloud) and on-premise solutions, allowing companies to choose based on their infrastructure needs.
Sphera serves over 6,700 customers with more than a million users across 80 countries. Independent analysts have recognized Sphera as a leader in ESG reporting and data management software.
Capabilities
Sphera’s software makes ESG reporting and compliance straightforward with built-in templates for standards like CDP, GRI, and SASB, helping businesses quickly meet reporting requirements. It also includes tools for key regulations like the EU Taxonomy, SFDR, and German Supply Chain Law, making compliance easier for companies operating in Europe.
With SpheraCloud, an all-in-one ESG and risk management platform, companies can track emissions, manage supply chain risks, and set sustainability goals in one place. The platform’s “Targets and Actions” feature lets businesses set and track their sustainability goals, supporting progress toward meaningful environmental impact. Sphera’s high user interface rating means the platform is easy to use and quick to adopt, so teams can get started without hassle.
Source: linkedin.com
Carbon Accounting vs. Climate Risk Management: What's the Difference?
Sphera offers solutions for both carbon accounting and risk management, two key areas that help companies build more sustainable and resilient operations. While both focus on reducing environmental impact, they address different aspects of business strategy. Understanding this difference is essential for companies looking to meet their sustainability targets and manage risks effectively—and Sphera’s integrated platform makes it easy to do both.
Carbon Accounting tracks a company’s greenhouse gas emissions, focusing on how much pollution the business produces and setting reduction targets to meet regulatory standards. It’s primarily concerned with the company’s direct impact on the environment.
Climate Risk Management, meanwhile, assesses how climate change could impact the business itself. It looks at potential risks like extreme weather or rising sea levels over both short and long-term horizons, helping companies plan for climate-related disruptions. While Carbon Accounting is about reducing emissions, Climate Risk Management is about building resilience against climate threats.
Read the full article to learn more about these differences and how they work together.
Industry-Specific Solutions
Chemicals & Life Sciences
For companies in Chemicals & Life Sciences, managing regulations and safety is complex. Sphera helps track everything from R&D through to production and distribution. It ensures compliance with rules like REACH (for chemical safety) and GHS (for hazard labelling), helping companies safely handle chemicals and lower their environmental impact.
Source: Sphera
Consumer Goods & Technology
Consumer goods and tech companies face global standards for product safety and environmental impact. Sphera supports them with tools to meet regulations like RoHS (for hazardous materials) and WEEE (for waste disposal). By tracking product lifecycle impact, companies can make sustainable choices in materials and design while staying compliant.
Source: Sphera
Industrials & Manufacturing
Manufacturers need to manage emissions, energy use, and waste across production. Sphera helps track these environmental impacts, supporting standards like ISO 14001. This way, manufacturers can see where they can cut waste or energy use, meet sustainability goals, and keep up with environmental regulations.
Source: Sphera
Oil & Gas
In Oil & Gas, Sphera helps companies handle emissions, water use, and waste. It ensures they comply with strict laws like the Clean Air Act and provides tools to monitor and reduce risks in high-stakes operations. This helps oil and gas companies prevent incidents and reduce their environmental footprint.
Source: Sphera
Hazardous Materials
For companies handling hazardous materials, Sphera offers tools to manage safe storage, transport, and disposal. It ensures they follow safety rules like OSHA’s Hazard Communication Standard, helping protect workers and the environment from potential hazards.
Source: Sphera
Financial Services
Financial services use Sphera to assess the environmental and social impact of their investments. The platform helps these companies make responsible choices by evaluating the carbon footprint and sustainability of the businesses they invest in, meeting growing demands for transparency with ESG (Environmental, Social, Governance) reports.
Source: Sphera
Real-World Impact
Collaboration with Shaw
Shaw Industries, a leading flooring manufacturer, collaborated with Sphera to develop an efficient program for creating Environmental Product Declarations (EPDs) across multiple markets. This initiative streamlined their sustainability reporting and enhanced product innovation.
Schwalbe Case Study
Schwalbe, a leading bicycle tire manufacturer, has set ambitious sustainability goals, aiming to reduce their Scope 1, 2, and 3 emissions by 55% by 2030. To achieve this, they partnered with Sphera to analyze the carbon footprint of their tires, especially those made with recycled and renewable materials. Using Sphera's Life Cycle Assessment (LCA) software, Schwalbe identified key contributors to environmental impacts across all production stages. This comprehensive analysis enabled them to pinpoint areas for improvement and implement strategies to reduce emissions effectively.
BT Sourced partnership
Additionally, BT Sourced, the procurement arm of BT Group, implemented Sphera's Supply Chain Risk Management solution to enhance their risk management processes. This digital transformation enabled them to respond more effectively to supply chain disruptions and maintain operational resilience.
How to get started
To get started with Sphera's solutions, visit their Get in Touch page. Here, you can fill out a form to connect with their experts, who will guide you through their offerings and help determine the best fit for your organization's needs. For existing customers, support is available through the Sphera Customer Network.
