Hungarian technology drives corporate social responsibility in India
Cholamandalam MS Risk Services Limited, a 50:50 Japanese-Indian joint venture of the Rs.381 billion Murugappa Group, and Denxpert EHS&S Software Ltd, a pioneer in EHS and sustainability IT solutions based out of Hungary, has announced the launch of a digital tool, Denxpert Legal, software in India.
Denxpert Legal is a digital tool for regulatory mapping and assurance in matters pertaining to Environment Health and Safety. This solution will help industries comply with legal regulations at both facility and the corporate level.
This program has been supported by the European Union under an innovation program called ‘Innowwide’ that involves a stringent selection process. The consortium of Denxpert EHS&S Software Ltd. and Chola MS Risk Services had qualified after scoring above 95% in this evaluation.
Denxpert Legal management system was launched by András László Király, Ambassador of Hungary, and Tania Friederichs, Minister Counsellor, Head of Research and Innovation Sector, Delegation of the European Union to India. Denxpert Legal is widely used in over 300 corporates including Fortune 500 companies primarily in Europe and US.
Speaking about the launch of Denxpert Legal in India, András László Király, Ambassador of Hungary, said, “Being the member of EU, they are honoured to bring in such technology to India through Denxpert EHS&S Software Ltd, to contribute to India’s drive towards highest corporate social responsibility. I am very sure that the tool will be handier and more useful for not only Indian corporates but also all the stakeholders working for the cause of environmental protection and sustainability. I wish that Denxpert, Hungary and Chola MS Risk Services Limited association will provide a value addition to the Indian society through this tool.”
“India’s rapidly growing economy undeniably requires effective digital functionalities to enable corporates, institutions and environmental groups to stay abreast with the changes in the EHS regulatory environment. I am glad that this proposal was selected on merit over all other projects as part of Innowide under EU council,” added Tania Friederichs, Minister Counsellor, Head of Research and Innovation Sector, Delegation of the European Union to India.
“Denxpert Legal is an advanced digital tool from Denxpert. With our 25+ years of EHS regulatory assurance consulting experience, we have developed and customised this tool to suit the Indian industry’s requirement,” Subba Rao, Chief Executive, Chola MS Risk Services Limited, said announcing the tool launch on 26 Mar 2021.
“As a part of this process, we piloted it at 50 major clients of Chola MS Risk Services across various industrial sectors. We are confident that this tool will help service compliance and regulatory requirement in the Indian market,” said Rao.
“Denxpert Legal is an efficient web-based solution for monitoring and complying with the ever-changing legal requirements in the field of Environment, Health and Safety (EHS). We are launching the tool in three variants. While the basic version offers a comprehensive view of the subscribed regulations, the advanced versions involve knowledge sharing through business impact, consultation through assurance audits, workshops and data management,” said Szücs Winkler Robert, Manager, Denxpert EHS&S Software Ltd.
Cholamandalam MS Risk Services Limited, is a 50:50 joint venture with the Mitsui Sumitomo Insurance Group, Japan, offering comprehensive risk management and engineering solutions. With two decades of experience and over 8,500 consulting projects across 42 industrial sectors, the company offers best-in-class services to organizations to optimize their EHS (Environment, Health & Safety) performance and set new benchmarks in safety performance.
Denxpert Legal is a one stop shop for EHS and sustainability IT solutions. It is a simple and effective solution for monitoring the ever-changing legal regulations and for the in-house EHS-compliance. Denxpert Legal is a professional web surface tool for reducing the risks resulting from legal regulations. It can be used with an ever-expanding array of functions ensuring compliance with the requirements of the management systems. Project has received funding from the European Union’s Horizon 2020 research and innovation program (Innowwide). The Tool is widely used by more than 300 plus clients in EU. #technology #banking #finance /fiinews.com
