Cority has once again been recognized for its leadership in environmental technology, winning its fourth Environment + Energy Leader Award—this time for its Methane Emissions Reduction Management (MERM) solution. As part of Cority’s Environmental Cloud, MERM helps organizations track, manage, and reduce methane emissions. The solution ensures compliance with evolving regulations like the Inflation Reduction Act’s Methane Emissions Reduction Program (MERP) and the EPA’s Greenhouse Gas Reporting Program (GHGRP).
“The Methane Emissions Reduction Program is a positive step toward reducing harmful emissions and encouraging cleaner energy practices. Cority’s Methane Emissions Reduction Management solution is a clear-headed approach, equipping businesses with the tools needed to navigate regulatory requirements while proactively managing methane emissions. Integrating data-driven insights and automation, this solution improves compliance and fosters smarter, more sustainable decision-making in the oil and gas sector.” – E+E Leader Judge
This article explores methane emissions management challenges, the importance of regulatory compliance, how technology can help companies overcome those challenges, and the features that make Cority’s MERM solution an award-winning tool.
Methane Emissions Management Challenges
Methane is one of the most significant pollutants driving climate change, and its reduction is a top priority for organizations worldwide. The oil and gas industry faces significant challenges with MERP, including the maintenance of compliance through reporting and auditing. Companies struggle with reporting and auditing, often due to a combination of paper-based records and the overwhelming variety of regulations they need to follow, which often change and vary by region. Additionally, having to manage data across different systems makes it easy for errors to creep in and ensure the records are up to date. This continuous juggling act requires constant vigilance and resources, making the whole process a laborious challenge. Failure to comply can result in financial penalties and other enforcement actions; therefore, an integrated EHS platform is crucial to maintaining compliance and avoiding hefty fines.
Cority’s MERM solution—part of the Air Emissions Management offering within Cority’s Environmental Cloud—provides the scalability and flexibility to manage a variety of scenarios for high volumes of data transactions and deviations from pre-defined thresholds available within CorityOne, the company’s multi-award-winning integrated EHS platform. By standardizing data collection across the environmental, sustainability, waste management, quality, safety, and health solutions, the company can access a centralized dashboard where businesses can monitor performance across multiple sites and jurisdictions. This level of integration is critical for multinational corporations that must comply with a range of regulations across different regions, monitor data in real-time, and maintain a complete overview.
Positive Impact is Good for Business
In today’s market, businesses that position themselves as leaders in positive environmental impact not only elevate their brand reputation but also enhance their operational efficiency. By actively pursuing environmentally responsible initiatives, as well as improving worker safety and industrial health, companies can reduce their overall business risk and garner wider public support. Since consumers and investors are prioritizing brand reputation and environmental responsibility in their spending and investment decisions, brands perceived as environmentally friendly are seeing an increase in market share and customer loyalty. This proactive approach can also translate into significant cost savings associated with fines, remediation, and retrofitting operations to meet new standards.
To read more about the connection between EHS and Sustainability, check out the ebook, Streamlining Air Emissions Management
Meeting the Growing Challenges of Methane Management
In 2022, the U.S. Congress passed the Inflation Reduction Act (IRA), which promotes greater investment in clean energy and includes a new tax on methane emissions above specified thresholds. MERM helps organizations proactively address these changing regulations by automating emissions tracking and facilitating compliance. Companies can configure the platform to meet their unique operational and regional needs— an essential feature given the varied methane-related requirements across different industries and geographies.
Why Cority’s Environmental Cloud Stands Out
The MERM solution is just one component of Cority’s Environmental Cloud, which is designed to support businesses in managing air, water, and waste emissions through a unified platform. While MERM focuses on methane, the Environmental Cloud offers additional tools that allow companies to track emissions from other pollutants, monitor wastewater discharges, and manage hazardous and non-hazardous waste. A major advantage of the Environmental Cloud is its ability to connect environmental data across an entire enterprise. Many companies struggle with fragmented environmental reporting, where different departments use separate systems that do not communicate with one another. Cority’s platform eliminates these inefficiencies by standardizing environmental data collection and providing a centralized dashboard where businesses can monitor performance across multiple sites, jurisdictions, and functions. This level of integration is critical for multinational corporations that must comply with a range of environmental regulations across different regions.
In addition to simplifying compliance, the Environmental Cloud supports data quality assurance, a crucial factor in emissions management. Inaccurate data can lead to regulatory penalties or misinformed decision-making. To prevent this, Cority’s platform includes automated data validation checks, variance analysis tools, and customizable approval workflows, ensuring that emissions data is both accurate and audit-ready.
The Recognition of Cority’s Leadership in Emission Tracking
The Environment + Energy Leader Awards recognize companies and technologies that drive measurable improvements in environmental performance and sustainability. Cority’s selection for the award was based on the effectiveness of its MERM solution, its ability to streamline regulatory compliance, and its impact on helping businesses reduce their methane footprint. The win underscores Cority’s ongoing commitment to innovation in environmental management and its ability to provide organizations with practical, data-driven solutions to address complex sustainability challenges.
As environmental impact guidance and regulations continue to evolve, businesses require technology that helps them anticipate compliance risks, manage emissions proactively, and demonstrate progress toward sustainability goals.
With factors like methane playing such a significant role in climate change, solutions that enable businesses to track, reduce, and report emissions accurately will become increasingly essential. Cority’s award-winning platform provides organizations with the tools to meet these challenges head-on, setting a new standard for methane management and environmental compliance.
Cority’s Environmental Cloud is just one part of the CorityOne platform, the comprehensive EHS and sustainability SaaS-based platform, spanning the full spectrum of environmental, health, safety, quality, sustainability, and analytics programs. CorityOne offers a comprehensive, scalable, and configurable approach to meeting developing demands, ensuring that organizations not only comply with regulations but also improve overall performance.
