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Acquisitions

ADEC Innovations Acquires Kedge Pty Ltd and Southern Ocean Carbon Company

ADEC Innovations Expands its Blue Economy Solutions into Marine Assurance and Sustainable Aquaculture  ADEC Innovations, a recognized global leader in designing and delivering sustainable development solutions that drive organizational value and impact, today announced it has completed its acquisition of Kedge Proprietary Limited (“Kedge”) and Southern Ocean Carbon Company (“SOCC”). Kedge and SOCC are recognized Blue Economy leaders within Australasia and Oceania for vessel, mooring, aquaculture, marine systems procurement and commissioning, environmental protection, design assurance, and regulatory compliance.    These acquisitions further expand ADEC Innovations Environmental, Social, and Governance (ESG) expertise into the Blue Economy which focuses on balancing the health of the ocean’s ecosystems with the economic growth associated with ocean resources. Kedge and SOCC will leverage ADEC Innovations’ information management capabilities and global reach to improve ocean stewardship worldwide.  Together, the companies will continue to innovate and make an impactful difference to the world’s largest resource.  “With oceans holding nearly 97% of the Earth’s water, ensuring economy, society, and environment are mutually prosperous is critical,” said James M. Donovan, Global CEO of ADEC Innovations. “Adding Kedge and SOCC into the ADEC Innovations portfolio, we will be able to offer more expansive, global support to a number of industries within the estimated €3+ billion (AUS$ 4.5 billion) Blue Economy, including international transport, fisheries, and aquaculture – and help preserve the health of this critical natural resource.”   Kedge is the recognized leader in the region for marine compliance and vessel certification and has completed over 4,000 surveys the last 7 years. In addition, Kedge is called upon to remediate incidents that occur within Oceania and Australasia including spill containment, clean up, and environmentally sound vessel disposal.  SOCC was established to study and commercialize giant kelp and other seaweed production for carbon capture and sequestration, biomass creation and other beneficial uses of this sustainable, underutilized marine resource.  “ADEC Innovations commitment to making sustainable impact completely aligns with our companies’ trajectories. Kedge and SOCC’s fundamental tenet has always been the preservation of the health of the planet’s oceans,” said Adam Brancher, Founder and Managing Director of Kedge and SOCC. “Having the support of ADEC Innovations will allow us to realize our long-held goals of expanding our established marine assurance and seaweed aquaculture practices and developing innovative  technologies, such as hydrogen propulsion retrofits on vessels, including our recently acquired passenger ferry demonstrator.”   As a result of this latest investment, ADEC Innovations expands its global footprint and now has active projects on all seven continents. Kedge and SOCC employees will join the 4,000 strong workforce that ADEC Innovations has across 27 operating sites and 20 countries.  ADEC Innovations Group CEO James M. Donovan added, “We welcome Kedge’s clients, employees, and partners to the group. With this acquisition, ADEC Innovations strategically broadens our overall business portfolio to better meet the sustainability needs of companies, public agencies, and coalitions around the world. Collectively, we will offer greater opportunities to advance sustainable business and operational practices around the world by transforming information into knowledge and reshaping risk into positive value and impact.”   About Kedge Proprietary Limited  Founded approximately 7 years ago, Kedge is a recognized Blue Economy leader within Australasia and Oceania for vessel, mooring, aquaculture, marine systems procurement and commissioning, environmental protection, design assurance, and regulatory compliance. Kedge has a highly talented team of engineers, naval architects, and other specialists who bring many years of experience in senior seagoing, regulatory, and associated roles both domestically and internationally. Kedge actively supports vessel operators to ensure that all types of vessels are safe, reliable, and designed to meet their specific needs. Working on a wide variety of projects around the world, Kedge provides advanced technology, consulting, and education in the maritime field to help vessel owners quickly identify and manage risks and opportunities in this ever-evolving market. As an industry pioneer, Kedge has developed extensive knowledge in vessel decarbonization and is working with a number of clients to actively reduce their carbon footprints. For more information, visit kedge.com.au.  About Southern Ocean Carbon Company  Formed by the founders of Kedge Proprietary Limited in 2020, the  Southern Ocean Carbon Company (SOCC) is at the forefront of the development and production of seaweed aquaculture in Australia. As a commercial partner of the Blue Economy Cooperative Research Council, SOCC scaling its operations and getting significant area under rope growing Giant Kelp and other species to  develop a successful seaweed aquaculture business while promoting carbon capture and biodiversity. SOCC is focused on making a real, positive impact beyond Australia in one of the fastest growing aquaculture segments around the world.  For more information, visit southernoceancarbon.com. 
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Impact Solutions

Impact sourcing: Leading the conversation with the Global Sourcing Association

Impact sourcing presents opportunities for companies to advance Environmental, Social, and Governance (EGS) practices and progress towards Sustainable Development Goals (SDGs). ADEC Innovations has a decades-long history of practicing impact sourcing to drive opportunities to communities and regions where they are needed most. James Donovan, Global CEO of ADEC Innovations, joined the Global Sourcing Association (GSA) to discuss impact sourcing as part of the Art of the Possible webinar. In this webinar, ADEC Innovations explored the drive for impact sourcing within the context of ESG and SDGs, provided practical applications of impact sourcing with examples of onshore and offshore projects, and explained how organizations can realize the benefits of this responsible sourcing approach across:
  • Talent advantages
  • Competitive business edge
  • Corporate citizenship
 
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Impact Solutions

The Art of the Possible: Impact Sourcing Panel Discussion

Hosted by the Global Sourcing Association (GSA), Matt Clarke, Managing Director of Workforce Solutions at ADEC Innovations, joined other outsourcing leaders for a panel discussion on impact sourcing. In this discussion, the panelists dive deep into the essential questions that the outsourcing industry needs to address to deliver on impact sourcing: ● The biggest challenges in setting up an impact sourcing program — for both service providers and customers ● Applying the lessons learned from outsourcing to impact sourcing practices ● The future of standard global service provider networks ● Practical steps for bringing impact sourcing into a delivery ecosystem ● Identifying and eradicating risks like “social impact washing” ● The impact of artificial intelligence (AI) on outsourcing  
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Announcements

ADEC Innovations Launches RiskFacts On-Demand Property Risk Forecasting SaaS Platform

Latest Prop-Tech solution accesses over 2,000 government databases to provide better insights into the risks associated with real estate properties. Conklin, New York, February 14, 2023 – ADEC Innovations, a recognized global leader in designing and delivering sustainable development solutions that drive organizational value and impact, announces the launch of RiskFacts, a Software-as-a-Service (SaaS) on-demand property risk forecasting platform. RiskFacts offers professionals access to a comprehensive suite of real estate risk evaluation tools and resources that provides unprecedented levels of assurance within a transaction and helps ensure investments preserve their value. RiskFacts SaaS platform is an all-in-one property risk forecasting service that brings unique scalability, easy-of-use, and advanced data solutions designed to meet the needs of the real estate and Property Technology (Prop-Tech) industry. RiskFacts enables on-demand access to powerful risk forecasting analytics giving users immediate understanding into the current potential issues surrounding their properties. The platform offers the most up-to-date information from over 2,000 government databases, including federal, state, local, tribal, and proprietary data. RiskFacts lets users quickly and easily identify environmental risks associated with a location. Users can also immediately download comprehensive risk forecast reports detailing information on risks surrounding their property for up to eighth of a mile. “RiskFacts is not just a tool for understanding property risk during a real estate transaction, it’s also a tool for promoting sustainability and creating more resilient investments,” said James Donovan, CEO, ADEC Innovations. “With its on-demand insights, RiskFacts helps users make informed decisions that consider not only the financial risks, but also the environmental and sustainable impacts of their investments.” RiskFacts is a customizable subscription-based service and is offering free trials of the platform as part of the platform’s launch. Visit www.RiskFacts.com for information. About RiskFacts RiskFacts is a new Prop-Tech by ADEC Innovation, developed to inform about potential risks and promote resiliency surrounding their investments quickly and accurately. RiskFacts makes it easy for users to access the information they need to identify and effectively manage potential property risks. Whether you are a real estate investor, developer, lender, broker or consultant, RiskFacts will help you stay ahead of the curve in today’s ever-evolving real estate risk landscape. For more information about RiskFacts, visit www.riskfacts.com. Contact: Please direct all inquiries to media@riskfacts.com
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Announcements

ADEC Innovations Healthcare, Inc. Confirmed as HIPAA Compliant

Gaining the HIPAA Seal of Compliance is a testament to the meticulous data management processes at ADEC Innovations Healthcare. CONKLIN, New York, USA – January 26, 2023 — ADEC Innovations Healthcare, a service provider to the healthcare industry that delivers a range of services to reduce the administrative burden on healthcare organizations, recently announced it is in full compliance with all appropriate provisions of the Healthcare Insurance Portability and Accountability Act (HIPAA) Privacy, Security, Breach Notification, and Omnibus Rules, and the Health Information Technology for Economic and Clinical Health (HITECH) Act. Providing healthcare services often requires access to protected health information, which means ADEC Innovations Healthcare is classified as a business associate under HIPAA. While ADEC Innovations Healthcare has been HIPAA-compliant since it was launched in 2015, the company used Compliancy Group’s HIPAA compliance methodology to attain the HIPAA Seal of Compliance and ensure that no aspect of the HIPAA Rules were overlooked. “ADEC Innovations Healthcare is committed to upholding the highest information security standards and attaining the HIPAA Seal of Compliance attests to this,” said James Donovan, CEO, ADEC Innovations. “Our healthcare clients trust us to process data safely, we take this seriously, and continuously enhance practices to exceed clients’ needs and expectations.” Compliancy Group’s methodology has been heavily vetted against federal regulations, meets National Institute of Standards and Technology (NIST) requirements, and includes a 6-stage risk analysis and remediation process. Gaining HIPAA Seal of Compliance through this methodology is a testament to the meticulous data management processes in place at ADEC Innovations Healthcare. In addition to receiving confirmation of HIPAA compliance, ADEC Innovations Healthcare also holds three ISO certifications: ISO 9001:2015: Quality Management; ISO 14001:2015: Environmental management systems; and ISO 27001:2013: Information Security Management, and is in the process of achieving HITRUST certification. About ADEC Innovations Healthcare ADEC Innovations Healthcare, Inc. is part of ADEC Innovations and is a global provider of healthcare solutions. Operating since 2015 ADEC Innovations Healthcare leverages technology, data, expertise, and human ingenuity to deliver healthcare solutions that meet our clients’ bespoke needs. ADEC Innovations designs, develops and delivers innovative solutions and services in ESG, workforce solutions, knowledge management, healthcare, and sustainable development. Since 1996, ADEC Innovations has provided insights, optimized operational efficiencies and empowered leaders to make positive-impact business decisions. Headquartered in Manila, Philippines with a network of nearly 4,200 employees across 23 countries and 6 continents, ADEC Innovations works with governments, coalitions and businesses to help organizations meet their evolving needs and drive performance.
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Announcements

FirstCarbon Solutions Provides On-Call Services to 100-Plus Local Agencies

Santa Cruz County is the latest agency to gain firm’s environmental expertise.

IRVINE, Calif., January 3, 2023 – FirstCarbon Solutions (FCS), an ADEC Innovations company, recently announced its latest on-call client in the State of California. With the addition of Santa Cruz County’s Paleontology for Mitigation Services list, FCS marks 119 on-call contracts with 102 local agencies within the state that have validated FCS as a pre-approved vendor.
FCS is recognized as a leading provider of environmental, sustainability, and compliance solutions, delivering fully integrated consulting, software, and data management services. With six offices throughout Northern and Southern California and 12 across the United States, FCS provides excellent localized service, accurate research, thoughtful recommendations, and innovative solutions for the mutual success of their clients and their practice. “We take pride in assisting cities and counties in achieving the delicate — and sometimes elusive — balance between development and environmental protection,” said Mary Bean, Director, Professional Services at FCS. “Our teams have an exceptional reputation for their professionalism and knowledge in the law and practice of CEQA and NEPA, helping clients transform risk into positive impact and value.” With more than 39 years of experience, FCS staff’s expertise spans CEQA/NEPA Compliance, Program Management and Construction Monitoring, Environmental Services and Regulatory Compliance, Natural and Cultural Resources Management, Noise and Air Quality/GHG Management, Entitlements and Permitting, and Visual Analysis Services. On-call partnerships are an excellent opportunity for municipalities to bring FCS’s guidance and support within their reach on an as-needed basis. Whether seeking compliance with a single environmental requirement or addressing a complex regulatory issue, FCS experts are committed to the highest levels of performance with every on-call client. While the on-call approval process varies by agency, requirements typically include demonstrated knowledge and experience with the agency’s services, in addition to familiarity with state and federal laws and regulations. Additional requirements include the ability to establish an appropriate and cost-efficient method of approach in preparing and delivering environmental documents necessary to ensure a quality product is prepared on time and within budget. After adding 15 contracts since the beginning of 2022, FCS continues to partner and grow relationships with cities and counties across the state. About FirstCarbon Solutions With more than 39 years of experience, FirstCarbon Solutions (FCS) is a leading provider of environmental, sustainability, and compliance solutions, delivering fully integrated consulting, software, and data management services. With six offices throughout Northern and Southern California and 12 across the U.S., FCS provides excellent localized service, accurate research, thoughtful recommendations, and innovative solutions for the mutual success of their clients and their practice, assisting cities and counties in achieving the delicate — and sometimes elusive — balance between development and environmental protection. For more information, visit www.firstcarbonsolutions.com.
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Announcements

ADEC ESG Solutions Champions Corporate Education on Decarbonization and the Journey to Net-Zero

Global sustainability consulting firm ADEC ESG Solutions releases suite of corporate educational material designed to guide organizations on the path to decarbonization and net-zero goals. IRVINE, Calif., November 22, 2022 –ADEC ESG Solutions, an ADEC Innovations company and global leader in sustainability solutions that helps organizations responsibly grow and operate, last week hosted an online learning event focused on the process of decarbonization. The event’s goal was to educate participating organizations on decarbonization and outline a foundational step-by-step process to achieving decarbonization goals. Streamlining Decarbonization: Key Strategies and Net-Zero Planning begins by laying the groundwork for a fundamental understanding of concepts surrounding greenhouse gas (GHG) emission reduction. This opening section discussed technical terminology, corporate drivers of the rise of decarbonization, and recent changes to the regulatory environment. The November 16 seminar’s highlight was a step-by-step breakdown of the decarbonization strategy process, from emission source identification to short- and long-term change management framework design and planning. The event is the latest in a series of emissions-focused corporate educational materials that ADEC ESG Solutions has released, including articles on the basics of decarbonization and the role of supply chain engagement in scope 3 GHG emissions management, as well as an in-depth white paper focused on carbon accounting methods. These complementary resources are a key part of ADEC ESG’s resource library, catered to organizations looking to make impactful changes to their overall strategy and demonstrate a strong commitment to environmental, social, and governance (ESG) goals. ADEC ESG Solutions has helped private and public organizations as well as municipalities at every step on their Sustainability Journey, from strategy development, data collection, analysis, and planning, through implementation, tracking and automation, and reporting. “The market has shifted beyond just disclosure, and customers are asking to not only see commitments but to see a decarbonization path or net-zero plans,” said ADEC ESG Solutions Head of ESG Strategy and Implementation, Culley Thomas, emphasizing market, regulatory, and internal pressure on organizations to demonstrate real progress on ESG goals. A recording of Streamlining Decarbonization: Key Strategies and Net-Zero Planning, including the real-time Q&A session, as well as ADEC ESG Solutions’ library of resources for decarbonization and overall sustainability and resiliency strategies, can be found in their Resources section. ### About ADEC Innovations ADEC Innovations’ ESG business advances sustainable practices around the world and helps organizations responsibly grow and operate. With a global workforce spanning six continents, ADEC ESG Solutions seamlessly delivers fully-integrated, cost-effective consulting, data management, and software solutions to ensure we meet our clients’ ever-evolving ESG needs. Please direct media inquiries to: media@adec-innovations.com  
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Announcements

ADEC Innovations Names Peter Formisano as President of Enterprise Technology

Mr. Peter Formisano will apply his experience leading global business expansion and growth to the ADEC Innovations portfolio of both off-the-shelf and customised Enterprise Technology solutions. GENEVA, SWITZERLAND, November 8, 2022 — ADEC Innovations, a recognised global leader in designing, developing, and delivering innovative solutions and services in critical areas of sustainable development, today announced that Mr. Peter Formisano joined the company as President of ADEC Innovations Enterprise Technology business. With over 30 years of experience in senior level management and leadership overseeing large scale operations and technology platforms in North America, Europe, Asia, and Latin America, Mr. Formisano is a welcome addition to ADEC’s team of highly competent and diverse leaders, managers, and professionals. “Having joined ADEC Innovations from a leading provider of workplace safety, training, and compliance solutions, Peter’s expertise in large scale operations, offshoring, sales, and strategic business development will be instrumental in accelerating the growth and expansion of our Enterprise Technology business,” said James M. Donovan, Global CEO of ADEC Innovations. “Peter shares the company vision of applying and optimizing technology to make a difference in the health and welfare of communities and the planet. We are confident that with this shared vision and with Peter’s experience and passion, ADEC Innovations Enterprise Technology will continue to effectively provide unique and valuable solutions for organisations worldwide.” The portfolio of ADEC Innovations Enterprise Technology brands and services include, among others, Ascentify, an innovative cloud-based digital assessment and training platform for organisations, academia, governments, and development partners; and CleanChain, a module-based platform that enables organisations to engage with and gain greater visibility and insight into their supply chains. “Throughout my career I have sought to work with companies and customers who create positive impact for their employees, customers, and communities.  ADEC’s mission aligns perfectly with my personal and professional aspirations to make a positive and lasting difference.,” said Peter Formisano, President, ADEC Innovations Enterprise Technology. “I look forward to leading the team that empowers public and private organisations with the appropriate tools and technology that help them make better business decisions and ensure a sustainable future.” Prior to joining ADEC Innovations, Mr. Formisano was the CEO of Safety Services Company responsible for the continued growth of the company and expansion of products, partnerships, and customers. Over the course of his 30-year career, Peter held CEO and other senior leadership positions at several high growth companies across a diverse set of industries including automotive, private equity, contact centres, and BPO services. ### About ADEC Innovations ADEC Innovations designs, develops, and delivers innovative solutions and services in ESG, knowledge management, healthcare, and sustainable development. Since 1996, ADEC Innovations has provided insights, optimized operational efficiencies, and empowered leaders to make positive-impact business decisions. Headquartered in Geneva, Switzerland with a network of nearly 5,000 employees across 19 countries and 6 continents, ADEC Innovations works with governments, coalitions, and businesses to help organizations meet their evolving needs and drive performance.    
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Announcements

Envirosite Atlas wins Environmental Protection’s 2022 New Product of the Year Award

Envirosite Atlas® was recently announced as a winner of the 2022 New Product of the Year Award under the Software/SaaS category in Environmental Protection. “Environmental Protection’s annual New Product of the Year contest shines a light on the emerging list of excellent products and services built to ensure a higher level of compliance with federal standards and regulations,” Environmental Protection Editor Sydny Shepard said. “The organizations behind these new technologies and equipment are service-minded and solution-driven, the mindset needed to combat the evolution of our environment.” Envirosite launched the new, next-gen platform in September of 2021, giving environmental professionals control over their due diligence data review and analysis by providing customizable views that ease access to information, saving them time. Envirosite Atlas allows users to quickly map out current environmental records and view past land use reports in real time, all in one place. Features within the platform include the ability to filter by environmental database, distance and elevation relative to the subject property – geologic data and soil details, historical map overlays, a map opacity slider and annotation tools. With Envirosite Atlas’s embedded groundwater flow tool, it is easy to identify areas of concern around the property. Its built-in figure generator tool helps users create and download images with ease. The Envirosite Atlas platform integrates the company’s full suite of ASTM E1527 Phase I Environmental Site Assessment and the EPA’s All Appropriate Inquiries (AAI) compliant data offerings. It also helps comply with the ASTM E2600 Standard Guide for Vapor Encroachment Screening and assess vapor migration risk with a customizable and user oriented VEC App Tool, built right into platform. For more information, visit https://www.envirositecorp.com/workflow-tools/envirosite-atlas/envirosite-atlas-resources/

About Envirosite Corporation

Envirosite, an ADEC Innovation, is a data solutions company that develops breakthrough technology that enables stakeholders to put environmental data into action. Our solutions are used throughout the industry for environmental risk management, site assessments, due diligence and research on commercial properties and companies. By uniting years of industry experience with innovative technical expertise, our responsive, cost-effective solutions provide stakeholders with the ability to harness multiple sources of environmental data quickly so they can explore it at scale to uncover business-critical insights. For more information visit envirositecorp.com.

About ADEC Innovations

ADEC Innovations designs, develops and delivers innovative solutions and services in ESG, knowledge management, healthcare, and sustainable development. Since 1996, ADEC Innovations has provided insights, optimized operational efficiencies and empowered leaders to make positive-impact business decisions. Headquartered in Geneva, Switzerland with a network of nearly 5,000 employees across 19 countries and 6 continents, ADEC Innovations works with governments, coalitions and businesses to help organizations meet their evolving needs and drive performance.  
Categories
Announcements

ADEC Innovations Names Matthew Clarke as Managing Director of Workforce Solutions

Mr. Matthew Clarke’s in depth experience in on-, near-, and off-shore business process outsourcing has driven significant value and efficiencies for organisations in diverse industries around the world  GENEVA, SWITZERLAND – October 19, 2022 — ADEC Innovations, a recognised global leader in designing, developing, and delivering innovative solutions and services in critical areas of sustainable development, today announced that Mr. Matthew Clarke joined the company as Managing Director of its global Workforce Solutions businesses.  Bringing more than 20 years of experience in leading outsourced services including contact centres, customer experience, information technology, facilities management, and e-commerce support, Mr. Clarke is responsible for developing and driving the growth strategy across the portfolio of ADEC Innovations workforce businesses and centres. Under his leadership, ADEC will continue to ensure high-quality and excellence in onshore, nearshore, and offshore service delivery. “Matthew is a highly experienced business process outsourcing (BPO) professional and business leader. He brings to ADEC Innovations his in-depth experience across a range of service types, geographies, and industries” said James M. Donovan, Global CEO of ADEC Innovations. “We are confident that Matthew will be instrumental in strengthening our Impact Sourcing solutions, bringing more strategic, value-driven customer offers to market, and expanding our delivery of high-quality onshore, nearshore and offshore services.” With operations and offices across 19 countries, ADEC Innovations’ broad portfolio of businesses offers solutions that span Workforce Solutions, including BPO, Technical Support, Healthcare, and Knowledge Management Services; Environmental, Social, and Governance (ESG) Professional Services; and Enterprise Technology Data and Software as a Service (DAAS/SAAS) Applications. “ADEC Innovations is an established service provider with an experienced team, long-term customers, and a history of excellence in information security, quality and compliance,” said Matthew Clarke, Workforce Solutions Head, ADEC Innovations. “I look forward to providing leadership to support ADEC Innovations’ global expansion and growth in Impact Sourcing and our Workforce Solutions business as a whole — building upon the company’s strong foundation and continuing to ensure solid governance and operational excellence across all our centres.” Prior to joining ADEC Innovations, Mr. Clarke was the Chief Operating Officer at Transcosmos Information Systems where his responsibilities included business development, solution planning, design, implementation, and delivery. He was also responsible for operational functions such as Client Services, Information Technology (IT), Human Resource, Facilities, Security and Compliance. While at Transcosmos, Mr. Clarke established and managed operations in a number of nearshore and offshore locations, including long term postings to the Philippines and Hungary. Previously, he served in various delivery capacities for outsourcing services. About ADEC Innovations ADEC Innovations designs, develops and delivers innovative solutions and services in ESG, knowledge management, healthcare, and sustainable development. Since 1996, ADEC Innovations has provided insights, optimized operational efficiencies and empowered leaders to make positive-impact business decisions. Headquartered in Geneva, Switzerland with a network of nearly 5,000 employees across 19 countries and 6 continents, ADEC Innovations works with governments, coalitions and businesses to help organizations meet their evolving needs and drive performance.

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