UL Solutions has highlighted its ULTRUS software, which has been designed to help companies manage an extensive variety of regulatory, supply chain and sustainability challenges.
Alongside other leading technology companies, UL Solutions was recognized with the Major Player designation in the IDC MarketScape Worldwide ESG Reporting and Compliance Management Applications 2025 Vendor Assessment.
This recognition was for the UL 360 ESG Data Management Software, which helps organizations conduct environmental, social and governance (ESG) reporting and develop insights to achieve strategic objectives.
Recognition from third parties, such as International Data Corporation (IDC), is one indicator of companies’ abilities to provide impactful ESG data management software.
Over the years, UL Solutions software has been recognized by Gartner, Verdantix, Environment+Energy Leader and other organizations.
Marc Hobell, Director and General Manager of Enterprise Sustainability commented: “UL Solutions offers innovative software that can help a company align its sustainability goals with its overall business strategy and key performance indicators.
“Using UL 360 can improve efficiency, save money, mitigate risk and bolster stakeholder trust.
“In addition to its ability to manage and standardize massive amounts of data, UL 360 is continuously being updated to meet the shifting demands of the marketplace.”
IDC is a market intelligence, data and events provider for the information technology (IT), telecommunications and consumer technology markets.
To qualify for the IDC vendor assessment, companies must offer an ESG reporting software solution, either as a standalone module or as part of a broader platform and they must attribute no more than 90% of their revenue to a single region (as well as meeting other criteria).
IDC cited multiple attributes that influenced its decision to name UL Solutions a Major Player. IDC highlighted the fact that UL 360 helps streamline processes for ESG and sustainability data collection, reporting and disclosure activities and it showcased some ways in which UL 360 integrates with other ULTRUS software offerings.
The IDC report recognized numerous key strengths of UL 360, including its robust, scalable user management system, detailed data collection process and flexible reporting and disclosures functions, which can manage data for various frameworks.
Including the Corporate Sustainability Reporting Directive (CSRD), the International Sustainability Standards Board (ISSB) and CDP (formerly known as the Carbon Disclosure Project).
IDC also shone a spotlight on the UL 360 software’s Purchase Goods and Services module, which can facilitate Scope 3, category 1 emissions calculations.
UL 360 is designed to foster cross-functional collaboration among an organization’s various teams — such as ESG, operations and IT — helping them share data, pursue proactive measures and reach new markets.
Many leading companies today compile and manage ESG data not simply to meet reporting requirements, but to inform strategic decision-making across the enterprise.
One UL Solutions customer, a retail chain, used UL 360 to identify energy inefficiencies in more than 200 stores, leading to a 15% reduction in energy costs within a year.
Another UL Solutions customer, an energy utility provider, automated its emissions tracking across more than 50 facilities, cutting manual data entry by 80%.
In recent years, the strategic value of ESG data has increased dramatically among C-suite leaders. The Thomson Reuters Institute’s 2024 State of Corporate ESG report revealed that 82% of corporate leaders believe “the role of ESG in corporate performance will continue to grow,” which reflects “a broad consensus on its strategic importance.”
The report also found that 71% of respondents view ESG investment as “a source of competitive advantage,” up from 60% the previous year.
UL Solutions ULTRUS software has been recognized, notably with the with the Major Player designation in the IDC MarketScape Worldwide ESG Reporting and Compliance Management Applications 2025 Vendor Assessment.
