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HOUSTON – January 18, 2023 – (Newswire.com)
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PlexTrac Adds Cybersecurity Powerhouse to Board of Directors
Stuart (Stu) Solomon Brings a Wealth of Knowledge and Experience to Aid in PlexTrac’s Rapid Growth
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BOISE, Idaho – January 18, 2023 – (Newswire.com)
PlexTrac, the penetration test reporting and collaboration platform making security teams more efficient and effective, today announced that cybersecurity industry leader Stuart (Stu) Solomon has joined the Board of Directors. Solomon brings nearly 20 years of industry experience to the Series B funded startup.
Stu Solomon is the president of Recorded Future, the world’s largest provider of intelligence. In this role, he is responsible for leading the intelligence research, analysis, sales and marketing, services, enterprise and product security, and client delivery functions. Prior to his current role, Solomon led the product, R&D, and strategy functions for Recorded Future.
Of the appointment to PlexTrac’s board, Solomon said, “PlexTrac is on an exciting trajectory and fulfilling a much-needed gap in the industry. What excites me most is that this is just the beginning. The continued evolution of the platform to hone in on tangible risk reduction through optimized workflows will be a game changer. I’m honored to lend my experience to their board to support their critical mission of helping cybersecurity professionals win the right security battles.”
Prior to joining Recorded Future, Solomon served as the chief technology officer, chief strategy officer and the executive vice president of Services for Optiv and held various senior leadership legal, security and risk roles at iSIGHT Partners and Bank of America, as well as spending time as an active duty Air Force officer. He is an advisor, board member and investor across the cybersecurity industry and currently a senior officer in the Air National Guard focused on cyber operations. Solomon holds a juris doctorate from Rutgers University School of Law and is a graduate of the U.S. Air Force Academy.
“I am beyond excited to gain Stu as a member of the PlexTrac Board,” said Dan DeCloss, founder and CEO of PlexTrac. “His experience at every level and aspect of the security industry makes him an invaluable asset as we work together to continue to achieve rapid growth.”
About PlexTrac, Inc.
PlexTrac, Inc. is the premier penetration test reporting and proactive cybersecurity management platform driven by a mission to help teams win the right cybersecurity battles. PlexTrac makes security data aggregation, red and blue team reporting, purple team collaboration, and remediation tracking more effective and efficient so security teams can become more proactive and demonstrably improve security posture. To learn more, visit plextrac.com.
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CSE’s Research Shows How ESG Influence Profitability and Transparency in FT 500 Companies
Discover why ‘doing business as usual’ is no longer a valid option and the shift to ‘doing business in a sustainable way’ is the only way that will secure companies’ trust and access to financing.
CHICAGO – January 18, 2023 – (Newswire.com)
For the sixth consecutive year, the Center for Sustainability and Excellence is proud to announce the unique findings from its Research in ESG Ratings and Reporting Trends, focusing on ESG best practices and standards used in 2022. CSE’s research examined the ESG practices and commitments of more than 400 FT 500 companies in North America and Europe from 31 sectors, with a high percentage of profitability within the last years. CSE’s research identified the Top 25 ESG Performing Companies and Top 10 per Sector and explored common success practices, including the most widely used ESG Standards and goals setting.
The research’s findings verified that there is indeed an increased influence between financial performance, brand credibility and ESG good practices. More specifically, the 25 companies such as General Mills, Ford, NIKE, Target, AIG with the highest percentage increase in profits between 2020 and 2021, are characterized by the following:
Common Practices
High in average consolidated ratings on four ESG ratings (MSCI, CDP, Sustainalytics, and S&P Global), use of ESG-related standards (GRI, SASB, TCFD) and incorporation of stakeholder concerns and preferences into their strategies, comprehensive independent ESG reporting, as well as commitment to ambitious quantitative goals.
Leading and Lagging Sectors
Regarding the ESG incorporation potential, the sectors of “Beverage & Food Consumer Products”, “Real Estate” and “Insurance: Life & Health (Mutual, Stock)” are clearly leading the way. The lagging sectors are Diversified Financials, Food Production, Insurance (Property & Casual), Metals, and Petroleum Refining/Energy.
Climate Commitments and Transparency
The research demonstrates that although companies set ambitious goals, there is still lack of transparency, e.g. 29% of the companies validated near-term reduction targets and almost 50% set net-zero targets. It remains to be seen if these goals are true, or wishful thinking, or unintentional greenwashing.
The rise of ESG Standards. Independent Sustainability Reporting Is Becoming More Important Than Ever
Out of 310 companies evaluated, 86% have published an accessible, independent Sustainability (ESG) report, but only 30% have an External Assurance.
Τhe preferred ESG Standards: 44% have included reference and commitments to the UN SDGs, 74% have complied with the SASB Standards, and 64% reference the recommendations of the TCFD. The use of specific global standards and frameworks verifies that top companies adopt a more strategic approach towards ESG, aiming to secure better consolidation of scores, easier comparability and greater transparency.
Upcoming Certified Training Programs
About CSE
CSE is one of the leading ESG Consulting and Educational companies specializing in maximizing social, economic and environmental impact. CSE has qualified over 8,500 Sustainability and ESG professionals in 90 countries with its global Certified Sustainability – ESG Practitioner Program and Sustainability Academy educational platform.
For more information, contact us at [email protected]
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CSE’s Research Shows How ESG Influence Profitability and Transparency in FT 500 Companies
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