ESP, the California-based provider of information solutions to
support corporate sustainability, announced today that it finished
2007 with strong revenue growth fueled by the increasing global demand
for its offerings, particularly in the area of enterprise greenhouse
information management. The company finished the year with 38% revenue
growth over 2006 revenue figures. This represents a strong increase
over ESP´s average annual revenue growth of 20% during the prior four
years. ESP also continued an overall trend of profitability since its
inception, recording strong profits in 2007. In addition, the company
saw significant expansion in the use of its solutions to more than
sixty countries.
The privately-held company attributes its impressive 2007
performance to a growing recognition among Fortune 1000 companies that
corporate sustainability necessitates more than just the preparation
of an annual sustainability report. Rather, sustainable operation
means proactively managing and optimizing EHS performance at all
times, across all areas of the company. Using ESP´s information
solutions to monitor progress toward targets and support operations
decisions, companies can significantly improve their global EHS
performance. These capabilities are the underpinning of a company´s
ability to successfully navigate the challenges presented by issues
such as global warming and greenhouse gas emissions trading. As new
emissions trading programs come online around the world, there are
significant financial implications for a company´s emissions
performance. ESP is the only company in the world with information
solutions spanning from emissions determination and forecasting to
allowance and credit portfolio management and registry reconciliation.
This has made ESP well-positioned to capitalize on the emerging needs
of companies around the globe.
"2007 was an exciting year to be in the sustainability information
solutions business," said Alex Long, President and co-founder of ESP.
"Our strong revenue growth indicates that sustainability performance
is increasingly viewed as central to a company´s operations. Along
with this, companies are finding they need systems which put all of
their performance data at their fingertips, to support operations
decisions at any level of the company. We´ve found ourselves
well-placed to meet this need, with solutions which have been in use
for more than fifteen years, and have evolved along with the needs of
the customers who have been actively using them."
About ESP
ESP provides information solutions which help companies understand
and meet their corporate-wide environmental and sustainability
commitments. Since 1992, ESP solutions have been helping companies
track and manage global corporate sustainability programs, from
emissions trading to EHS performance. ESP technology is currently used
to support sustainability performance in tens of thousands of
facilities, spanning sixty countries. It is also widely used to
address both the compliance and financial aspects of companies´
emissions allowance and credit portfolios. ESP is a Microsoft
Certified Gold Partner. For more information about ESP, please visit
www.esp-net.com.
