30 Apr 2021

Cority Acquires ESG Software Specialist WeSustain

German-based responsible business management software provider propels Cority’s position in enabling successful and efficient ESG and sustainability management

Toronto, Canada and Hannover, Germany – 30.04.2021 – Cority, the global enterprise EHS software provider, today announced the acquisition of WeSustain, a specialist in developing innovative software solutions designed to support responsible business management and thought leaders at the intersection of environmental, social, and governance (ESG) with digitization.

With 60 customers – including ThyssenKrupp, McKesson, Merck, Commerzbank, United Internet, and Hapag-Lloyd – WeSustain is one of the world’s leading specialized software providers for ESG, corporate sustainability, and responsible business management. WeSustain’s GRI-certified SaaS solutions span across ESG, sustainability, compliance, and impact management – enabling integrated ESG and corporate sustainability management across the enterprise from a central platform.

“Joining forces with Cority instantly advances our aim of making businesses more sustainable and future-proof in Europe and around the world,” said Dr. Manfred Heil, CEO, WeSustain. “We’re convinced that smart digital solutions have an essential role to play in enabling our clients to fulfill their potential for greater efficiency, innovation, and positive impact; and to build trust through greater transparency surrounding what they do.”

Organizations are increasingly focused on digitizing their management of ESG, often as part of a wider digital transformation of EHS processes and programs. According to McKinsey & Company, evidence is emerging that a better ESG score translates to about a 10 percent lower cost of capital, as the risks that affect the business are reduced.

“Recent Verdantix survey on more than 300 EHS executives found that over half (60%) plan to adopt software for ESG reporting and sustainability program management in 2021,” said Yaowen Ma, Principal Analyst at Verdantix. “Cority has made a timely, strategic acquisition that not only further enhances its enterprise-wide platform offerings, but also continues to strengthen ESG capabilities for customers to better manage sustainability risks throughout the supply chain.”

“We are delighted to add the outstanding solutions and top talent of WeSustain to the Cority family,” said Mark Wallace, President and CEO, Cority Software Inc. “WeSustain’s solutions are an obvious complement to our market-leading CorityOne™ platform. The combination strengthens our European presence and positions Cority for the rapidly emerging strategic impact of ESG factors in every major enterprise around the world.”

About WeSustain

WeSustain GmbH Logo

WeSustain is a specialist in developing innovative software solutions designed to support responsible business management and thought leaders at the intersection of environmental, social, and governance (ESG) with digitization. Since 2010, WeSustain has developed smart software-as-a-service (SaaS) solutions for data management and reporting in the area of ESG, sustainability, as well as impact, and compliance management. With 60 customers including large industry associations, approximately 600 companies and institutions place their trust in us and work with our advanced solutions. To learn more visit www.wesustain.com.

About Cority

Cority is the global enterprise EHS software provider creating industry-leading technology to empower those who transform the way the world works.  For over 35 years, Cority has been powered by the spirit of innovation, deep domain expertise, and a commitment to integrity that enables higher levels of operational and sustainable performance with the most comprehensive, human-centered, and secure SaaS platform to help workers and businesses thrive in 100 countries around the world. The company enjoys the industry’s highest levels of client satisfaction and has received many awards for its strong employee culture and outstanding business performance. To learn more, visit www.cority.com.

About VNT Management Oy

VNT has been lead investor of WeSustain since 2014 and is one of the first venture capital management companies in Europe that focuses on clean technologies, in particular renewables, electrical systems and energy savings. VNT is active in the Nordics and German-speaking countries. At present, VNT has three funds with a total investment capital of €157 million under management. VNT mainly invests in technology-orientated start-ups and growth companies in Europe. Wide business experience, active management, and corporate values based on fair play make up the cornerstones of VNT.

Media Contact:

Media@cority.com

10 Dec 2020

Half of the Top 10 “most sustainable companies in Germany” relies on WeSustain as software partner

In the exclusive ranking “the 200 most sustainable companies in Germany 2021” of the stern editing team and the market research company Statista, five WeSustain software customers – including Allianz, Merck and Talanx – are among the top 10 most sustainable companies in Germany 2021.

The insurance company Allianz has been rated as Germany’s most sustainable company 2021 in the latest ranking by the stern editing team and the market research company Statista. In addition to the ranking leader Allianz, another four companies and software customers of WeSustain – among others the pharmaceutical company Merck and the insurance company Talanx based in Hannover – have secured a place in the top 10 of the ranking. All five companies and WeSustain customers use the Enterprise Sustainability Management (ESM) software for their sustainability management, which was analyzed and evaluated in the ranking along 30 key indicators in the three categories environment, social and economy. In addition, an online panel of 13,000 citizens was used to assess their perception of sustainability in relation to the companies.

“Our customers rely on WeSustain as a software partner to further professionalize their sustainability management because with us they build collaborative and digital processes to efficiently manage and implement their sustainability projects. They are therefore laying the foundation for a transparent communication and an effective sustainability performance. We are very excited that five of our customers received recognition for their efforts in the top 10 of the ranking by the stern editing team and Statista,” highlights Dr. Manfred Heil, Managing Director at WeSustain.

The magazine stern and the market research company Statista compared the sustainability performance of a total of 2,000 companies based in Germany for the ranking. The precondition for the ranking was that the company has at least 500 employees, is one of the companies with the highest revenues in Germany or is listed in an index of the Dax family. The weapons industry was excluded from the ranking, as were companies with greenhouse gas emissions of over ten million tons. A total of 200 companies qualified for the ranking.

More about WeSustain’s customers can be found under:

https://wesustain.link/clients

Contact at WeSustain GmbH

Markus Bowe
ESM product manager
markus.bowe@wesustain.com

Michael Schnerring
Sales director “ESM software solution”
michael.schnerring@wesustain.com

17 Dec 2019

WeSustain and SGS join their expertise for operator responsibility

WeSustain, the software provider for responsible business management, and SGS, the leading company in the areas of testing, inspection, verification and certification, jointly support companies in fulfilling their operator obligations.

Since autumn of this year, WeSustain has been connecting its IT expertise in the form of the “Enterprise Compliance Management” solution with the consulting expertise of the experts from SGS-TÜV Saar for companies in the industry and facility management sector. Together, WeSustain and SGS-TÜV Saar provide support in the areas of occupational and operational safety, plant and building maintenance, necessary inspections and audits as well as the fulfilment of operator obligations.

“We are convinced that powerful and reliable software together with comprehensive content and competent consulting will simplify the complex management task of compliance for companies and thus contribute to greater legal compliance.” , explains Dr. Manfred Heil, CEO of WeSustain GmbH, the reasons for the cooperation with SGS. “The expert knowledge of SGS with regard to legally compliant plant operation in connection with the IT competence of WeSustain offers operators a complete package adapted to their individual needs” , says Stefan Kempf, member of the management board of SGS-TÜV Saar GmbH, with the same conviction.

Thus, compliance managers, EHS managers or facility managers – in times of increasing regulatory density, increasing complexity as well as growing liability and reputation risks – can rely on WeSustain’s powerful software solution “Enterprise Compliance Management” as well as further partner offers from SGS to secure their operator responsibility, from strategic planning and monitoring to data management and documentation.

More information about WeSustain’s ECM software can be found here:
https://www.wesustain.com/en/software-ecm-en/

More about the partnership between WeSustain and SGS in the detailed interview at:
https://www.wesustain.com/en/interview-with-sgs/

Contact
WeSustain GmbH
Alexander Kinas
ECM-Produktmanager
alexander.kinas@wesustain.com

Contact
SGS Holding Deutschland B.V. & Co. KG
Torsten Laub
Leiter Kommunikation & Innovation
Torsten.Laub@sgs.com

30 Sep 2019

WeSustain’s ESM software convinces practitioners in direct comparison

WeSustain convinces company CSR representatives in a direct comparison with other software vendors at the software overview workshop by brands & values on February 21st in Hamburg.

Sustainability management is maturing and becoming more and more professional. Increasingly, many companies rely on software solutions to improve efficiency and results of their actions – especially in sustainability management. The market for dedicated solution however is difficult to evaluate from an outside-perspective. For a few years now, the consulting company brands & values has conducted a software overview workshop to provide sustainability managers an exclusive view into available software solutions. On February 21st, 2019, five software developers participated in that workshop: SoFi (thinkstep), Quentic, Verso, Datamaran, and WeSustain with its ESM solution.

Participants have been asked to give a rating for the software solutions demonstrated. within the workshop. WeSustain with its ESM solution ranked highest in three of four categories as a result of this survey: Participants that were asked, whether they received a good overview of the software offer, whether the software solutions covers their requirements, and whether they would consider the software supplier in their choice ranked WeSustain’s ESM solution #1.

Dr. Manfred Heil, CEO WeSustain: “With 10 software modules we offer exactly the flexibility, that many companies ask for in their CSR management. We are happy to have successfully demonstrated our understanding of the individual requirements and challenges companies have within their sustainability management.”

About WeSustain ESM