Independent Analyst Report Underscores thinkstep's Strength in Sustainability and Greenhouse Gas Emission Management With Best-in-Class Scores for SoFi Software Platform


BOSTON, MA and STUTTGART, GERMANY--(Marketwired - Jan 12, 2016) - thinkstep, a global leader in sustainability performance management software, data and services, today announced that its SoFi ts platform is featured in a new report from Verdantix, "GreenQuadrant, EH&S 2016." According to the report, the company scored a perfect 3.0 in sustainability management, the highest in the 22-strong benchmark, and was cited for providing customers with the most comprehensive sets of tools. Additionally, thinkstep was one of only two vendors to achieve a 3.0 for Greenhouse Gas (GHG) emissions management.

"With a long history and product focus in sustainability and sustainability management software, it is not surprising that thinkstep is the highest scoring firm in the benchmark for those areas, scoring 3.0 out of 3.0. The supplier breezed through the demonstration scenario where we asked vendors to show their capabilities for monitoring current sustainability KPIs, forecasting future sustainability performance and sustainability reporting," said Jordan Nadian, industry analyst at Verdantix. "thinkstep provides customers with the most comprehensive sets of tools for sustainability management including a CDP disclosure module, bill of materials data uploader, GRI reporting module and Environmental Product Declaration creator." 

SoFi provides comprehensive regulatory coverage out-of-the-box. The SoFi Impact Library contains an extensive list of emission factors for numerous greenhouse gases. The solution comes with the electricity grid mix factors for 33 countries, allowing the emissions to be accurately generated at the site-level, as well as globally. More than 150 global firms across industries ranging from basic resources and utilities, to food and beverage and financial services, use thinkstep's SoFi platform to capture, calculate and report on their GHG emissions.

According to the report, 73 percent of the customer panel told Verdantix that software configurability is a very important or important factor shaping purchasing decisions. thinkstep has developed one of the most configurable applications available on the market. In the live product demonstration thinkstep highlighted the ease with which users can adjust workflows, change terminology and update forms and reports.

"We are very pleased the report highlights and confirms thinkstep's leadership position in sustainability performance management, analysis, forecasting and GHG emissions management," said Heather Gadonniex, vice president of corporate and product marketing. "We have also worked tirelessly to deliver a solution that is extremely configurable for our customers and are glad to be recognized for those efforts."

About SoFi ts
The SoFi ts software platform for the enterprise simplifies and streamlines organizational sustainability and EHS management to enable transparent communication and operational excellence. With its world-class automated data collection and reporting technologies, powerful analytics for big datasets and a modern, intuitive user experience, SoFi software is compatible with existing IT systems and covers a broad range of functionalities including sustainability management & reporting, supplier engagement, EHS management, energy management and building portfolio management.

About thinkstep
thinkstep enables organizations worldwide to succeed sustainably. Our industry-leading software, data and services help businesses drive operational excellence, product innovation, brand value and regulatory compliance. With a global presence in 19 countries, we serve more than 2,000 companies including 40 percent of the Fortune 500 such as BASF, Hewlett-Packard, Interface, Siemens, and Unilever. For more information visit, www.thinkstep.com

Contact Information:

Media Contact:
Traci Massaro
thinkstep
617-877-1293