NORTHBROOK, IL — UL Environment has announced the launch of its Sustainability Quotient (SQ) Program, a comprehensive system of assessing, rating and certifying the sustainability initiatives of corporations at an enterprise level, according to a press release.
The SQ Program is based on a series of auditable standards, including UL 880: Sustainability for Manufacturing Organizations, with the first edition being released today, and UL 881: Sustainability for Service Sector Organizations, which is in development, the release stated.
"Similar to the promise of electricity in the late 1800s that helped launch UL''s science-based approach to standards development and testing, sustainability is on the cusp of widespread public adoption and the spur for innovation. Nonetheless, there remains confusion over what ''sustainability'' means," says Stephen Wenc, president of UL Environment.
"We established the SQ Program to foster adoption of a standardized language and rating platform for corporate sustainability that may also be used in risk mitigation, streamlining operations and early action in anticipation of future regulation," Wenc added.
Click here to read the complete release.