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1、Compliance Technology Sector UpdateEnvironmental,Health,and Safety(EHS)and Supply Chain Risk Management(SCRM)Harris Williams|Q4 2022Compliance Technology|Q4 2022Increasing focus on worker safety,supply chain visibility,and sustainability is driving adoption of EHS and Supply Chain Risk Management so
2、lutions.1EHS and SCRM Technology Observations and Key TrendsHappening in Compliance Tech Right NowThe scope of modern corporate sustainability extends beyond resource consumption and emission reductions.Initiatives supporting sustainable operations create value for organizations by accelerating grow
3、th,reducing costs,and mitigating risks.SustainabilityOccupational health and worker health,exacerbatedby the impacts of COVID-19,are strategic imperatives to success.EHS capabilities are a must-have to foster a safe workplace for all employees.Worker SafetyCompliance is a daily requirement of busine
4、sses,resulting in near-constant communication and coordination among employees,customers,suppliers,vendors,and other stakeholders.Organizations are directly benefiting from dedicated software tools that lower the burden of remaining compliant.Increasing Regulatory ComplexitiesOrganizations are lever
5、aging software tools to drive operational efficiencies by way of real-time,dynamic,worker-and asset-level risk models and tools that empower proactive incident management and risk mitigation.Supply Chain Transparency and Risk ManagementEHS and SCRM data is relevant and imperative across all business
6、 operations and performance management,driving an increase in investment in connected intelligence across personnel and management,as well as operational and functional areas.Data and AnalyticsEnvironmental,social,and governance(ESG)frameworks and standards are at the forefront of stakeholder decisi