2017 NAN July

NORTHAMERICANEWS / JULY 2017 7 NEWS , Envonet is a global tool that enables us- ers to quickly access environmental and climate-related fi- nancial disclosures that are often buried deep within lengthy finan- cial filings. Equally important, En- vonet reveals where corporations have omitted information relevant to investors. “Investors are urgently seeking more transparency from corpo- rations about their material risks and risk management practices, particularly those related to climate change, but there are no simple tools to assist investors in collecting and assessing this information,” said Greg Rogers, co-founder of Envonet and a long-time champion of corporate financial transparency. “And, when disclosures are com- pared side by side, the contrast between many European compa- nies and their U.S. counterparts leaps off the page. For investors, it makes evident which corpora- tions are treating climate change as a material financial risk and which are not.” Users can select several compa- nies and compare their disclo- sures, side-by-side, such as the example provided in this news release with data from BP, Chev- ron, Exxon-Mobile and Shell. And with a single click, users can jump to the specific location of disclosures in a corporation’s financial filings, where the infor- mation can be read in context. Envonet displays climate-related disclosures in the areas of gov- ernance, strategy, risk manage- ment and performance meas- urement, found in mainstream financial filings (e.g., Form 10-Ks filed with the U.S. Securities Exchange Commission). It also features environmental-related accounting disclosures for asset impairments and environmental and asset retirement obligations. Recently selected as a Gartner Cool Vendor in Content Services and a 2017 SIIA CODiE Award finalist for Best Multi-Channel Publishing Platform, Quark has quickly emerged as a global lead- er in content automation. Quark’s content automation solutions enable organisations to deliver business-critical content to any format and any channel - mobile, print, Web, and more. At the same time, Quark has reinvigor- ated its QuarkXPress software business, consistently putting customers first and out-innovating its competitors. “Quark is having a transformation- al impact within a wide range of industries, completely redefin- ing how organisations create, manage, publish and deliver business-critical content,” said James Hale, Managing Partner at Parallax. “This is a company with outstanding talent and leadership, innovative technology and ac- claimed customer base. Parallax is looking forward to bringing its experience and expertise to help Quark take its enterprise content automation business to the next level.” “I couldn’t be more proud of our employees and customers in reaching this milestone,” said Quark President and CEO Ray Schiavone. “Quark has achieved what so many established brands fail to, which is to reinvent our company in the face of insur- mountable odds. Through content automation, today Quark enables some of the world’s largest organ- isations to transform customer ex- perience, reduce time-to-market, improve compliance, and reduce costs. At Parallax, we believe we have a partner that shares this vision for organisations to realise the true value of their content.” To discover more about Quark’s content automation solutions, visit www.quark.com For more information, visit www. parallaxcap.com Envonet employs the framework developed by the Financial Stability Board (FSB) Task Force on Climate-related Financial Disclosures (TCFD), a private sector initiative chaired by Michael R. Bloomberg, and presented at last week’s G20 Summit in Hamburg, Germany. Envonet Launches Free Web Portal for Environmental Finan- cial Disclosures Envonet initially features financial disclosures from 2016 year- end financial filings for 40 listed companies in the electric utility and oil and gas industries across the globe. Utility companies include American Electric Power, CLP Holdings, Dominion Resources, DTE Energy, Edison International, Enel, Entergy, Eversource, Exelon, FirstEnergy, Fortis, Iberdrola, NextEra Energy, PG&E, Power Assets Holdings, PPL, Public Service Enterprise Group, Southern Company, SSE, and Xcel. Oil and gas companies include Anadarko, Apache, BP, Canadi- an Natural Resources, Chevron, Concho Resources, Cono- coPhillips, Devon Energy, Eni, EOG Resources, Exxon Mobil, Marathon, Occidental, Phillips 66, Pioneer Natural Resources, Royal Dutch Shell, Suncor Ener- gy, Total, Valero, and Woodside Petroleum. Envonet is designed for corpo- rate financial officers, lawyers, auditors, investors, analysts, and regulators who prepare or compare financial disclosures pertaining to climate change, sustainability, impact investing, and ESG (environmental, social and governance). There is no cost to use the Envonet portal, but users must register at www.envonet.com for access to the database. A com- panion social media group on LinkedIn (Climate-Related Finan- cial Disclosure) adds opportunity for discussion and collaborative learning. www.envonet.com Quark Acquired by Parallax Capital Partners to Support Accelerated Growth Quark Software Inc. announced on July 12 that it has been acquired by Parallax Capital Partners, LLC (Parallax), a Southern California-based software-focused private equity firm. The new owners intend to help Quark accelerate the adoption of its transformational content automation solutions through investment in organic growth and acquisitions.