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ESP Provides Software Solution to Meet Newly Announced US 1605b GHG Reporting Guidelines

ESP Provides Software Solution to Meet Newly Announced US 1605b GHG Reporting Guidelines

Published 05-05-06

Submitted by ESP

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 5, 2006--ESP (Environmental Software Providers), the leading provider of enterprise environmental information management solutions announced today that its opsEnvironmental software offers a cost-effective solution for companies seeking to report on greenhouse gas emissions under the newly revised U.S. Department of Energy 1605b Voluntary Greenhouse Gas Reporting Guidelines. The new guidelines, released last week by the U.S. Department of Energy, represent an attempt to enhance measurement accuracy, reliability and verifiability, working with and taking into account emerging domestic and international approaches. The revised guidelines pose major new data management challenges for companies participating in the program. ESP's opsEnvironmental software, with module developed specifically for managing greenhouse gas emissions data, offers companies a highly effective way to efficiently meet the new requirements.

"ESP pioneered the first enterprise greenhouse gas management solution and we've been at the forefront of this arena as it has evolved over the last five years," said Alex Long, co-founder and President of ESP. "We are pleased to see this issue gaining traction, as evidenced by an increase in the number of companies choosing to participate in voluntary programs like the 1605b program. ESP remains fully committed to helping companies address the data management challenges posed by more stringent voluntary reporting guidelines."

The most significant changes in the new 1605b guidelines are designed to enhance measurement accuracy, reliability and verifiability of reported greenhouse gas emissions data in accordance with international standards. ESP's opsEnvironmental provides off-the-shelf capability for entity-wide analysis and reporting greenhouse gas emissions, fully in accordance with the new DOE guidelines as well as standards set forth in such programs as the EU Emissions Trading Scheme (EU ETS). This capability has proven to be
scaleable to accommodate small and very large corporations with accuracy and precision. And as a highly configurable off-the-shelf solution, the software offers significant cost benefits over internally developed solutions, which often need to be entirely revamped to accommodate new requirements and to deliver security and consistency and best support verification.

ESP software is currently in use to help forward-looking companies take charge of their greenhouse gas programs from the facility level to the enterprise level, and to report on their greenhouse gas emissions under the 1605b program, the EU ETS, and other greenhouse gas programs.

About ESP

ESP provides software solutions for managing environmental performance and risk from the facility level to the global enterprise level. Since 1992, ESP software has been helping companies track compliance, improve financial performance and manage corporate sustainability programs. ESP software is currently used to manage environmental data in more than ten thousand facilities, spanning 40 countries. It is also widely used to address both the compliance and financial aspects of emissions trading programs. For more information about ESP, please visit www.esp-net.com.

Copyright Business Wire 2006

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