Cincinnati, OH, July 20th 2022: Benchmark ESG is excited to announce that the Benchmark PSI AI Advisor™ solution was selected for an honorable mention in the AI & Data and Enduring Impact, 15+ years in business categories of Fast Company’s 2022 World Changing Ideas Awards. The awards honor clean technology, innovative corporate initiatives, brave new designs for cities and buildings, and other creative works that are supporting the growth of positive social innovation, tackling social inequality, climate change, and public health crises.
The PSI AI Advisor™ is a powerful new Artificial Intelligence (AI) solution that enables organizations to enhance workplace safety by reducing the risk of Potentially Serious Incidents (PSIs). PSI AI Advisor identifies risk factors for PSIs in real time and helps safety leaders prevent future occurrence of workplace incidents that have the greatest potential for harm.
The solution uncovers serious incident precursors and hidden risk factors by comparing businesses’ incidents to those in the Benchmark Data Ocean™ which contains 68,000+ publicly available serious injuries and fatality records and curated submissions by Benchmark Subscribers. With these capabilities, safety leaders can identify PSIs in significantly less time and with better accuracy than traditional manual identification.
Speaking on the PSI AI Advisor™, Dave Roberts, Vice President of EHS at The HEICO Companies, states “What I’ve found remarkable about this was how easy it was to implement. We went from not having a pSIF or PSI program to having one in place in a very short order utilizing this tool because it makes a lot of the decisions for you.”
Now in its sixth year, the 2022 World Changing Ideas Awards showcase 39 winners, 350 finalists, and more than 600 honorable mentions—with climate, social justice, and AI and data among the most popular categories. A panel of eminent Fast Company editors and reporters selected winners and finalists from a pool of more than 2,997 entries across transportation, education, food, politics, technology, health, social justice, and more. In addition, several new categories have been added this year including climate, nature, water, and workplace. The 2022 awards feature entries from across the globe, from Switzerland to Hong Kong to Australia.
Fast Company’s Summer 2022 issue showcases some of the world’s most inventive entrepreneurs and companies tackling global challenges. The issues highlight, among others, probiotics for coral reefs, easy-to-assemble home kits for refugees or disaster survivors, a 3D printed vaccine patch, an electric truck, a system to heat homes from the waste heat of a name-brand factory, and prosecutor-initiated resentencing for overly long prison sentences.
“We are consistently inspired by the novelty and creativity that people are applying to solve some of our society’s most pressing problems, from shelter to the climate crisis. Fast Company relishes its role in amplifying important, innovative work to address big challenges,” says David Lidsky, interim editor-in-chief of Fast Company. “Our journalists have identified some of the most ingenious initiatives to launch since the start of 2021, which we hope will both have a meaningful impact and lead others to join in being part of the solution.”
About the World Changing Ideas Awards
World Changing Ideas is one of Fast Company’s major annual awards programs and is focused on social good, seeking to elevate finished products and brave concepts that make the world better. A panel of judges from across sectors choose winners, finalists, and honorable mentions based on feasibility and the potential for impact. With the goals of awarding ingenuity and fostering innovation, Fast Company draws attention to ideas with great potential and helps them expand their reach to inspire more people to start working on solving the problems that affect us all.
About Benchmark ESG®
Benchmark ESG® (the next generation of Gensuite®) enables companies to implement robust cross-functional Environmental, Social, and Governance (ESG) Solutions – locally, globally and across diverse operating profiles. Our comprehensive cloud-based software suite features intuitive, best-practice process functionality, flexible configurations and powerful extensions. For over two decades, our digital platform has helped companies manage safe & sustainable operations worldwide, with a focus on fast return on investment (ROI), service excellence and continuous innovation. Join nearly 3,000,000 users that trust Benchmark ESG® with their software system needs for operational risk and compliance, EHS, sustainability, product stewardship, supplier risk, and ESG data management / disclosure reporting.