UL Solutions

UL Solutions, headquartered in Northbrook, Illinois, is a global leader in applied safety science, offering comprehensive testing, inspection, and certification services, along with software products and advisory offerings. With a presence in over 110 countries, UL Solutions assists more than 80,000 customers in transforming safety, security, and sustainability challenges into opportunities for innovation and growth.

Core Services and Offerings

UL Solutions operates through three primary segments:

• Testing, Inspection, and Certification (TIC) Services: This segment provides product safety, security, and sustainability solutions across various end markets, including energy, industrial automation, engineered materials, and the built environment. Services serve a diverse clientele such as manufacturers, building owners, end-users, and regulators.
• Software and Advisory (S&A) Products: Leveraging expertise in safety science, UL Solutions offers a suite of software solutions and consulting services. Key products include:

• ULTRUS™: Software platform to help companies manage regulatory, supply chain, and sustainability challenges effectively.
• ComplianceWire®: A learning and qualification management system ensuring compliance and training requirements are met.
• HOMER® Front Hybrid Optimization: Tool for optimizing hybrid energy systems and renewable energy integration.
• LearnShare™ Learning Management System (LMS): Facilitates efficient learning and development within organizations.
• Prospector® Material Discovery: Platform aiding in material discovery and selection for product development.
• Prospector® Digital Marketing: Supports digital marketing efforts related to material selection and sourcing.
• PureOHS™ Occupational Health Management: Manages occupational health and safety within organizations.
• PurView® Product and Supplier Scorecard: Provides insights into product and supplier performance to aid decision-making.
• Supply Chain Network Supply Chain Data Exchange: Enhances supply chain transparency and collaboration.
• UL 360 ESG Data Management: Assists organizations in managing Environmental, Social, and Governance (ESG) data effectively.
• WERCSmart® Retail Product Compliance: Ensures retail products meet compliance and safety standards.
• WERCS Studio Chemical Data and Compliance Management: Manages chemical data and compliance with regulations.
• Windnavigator Resource Data and Maps: Provides data and mapping for wind energy resources, supporting wind energy projects.

Global Presence and Operations

UL Solutions operates globally, with offices in over 35 countries. In the United States, the company has multiple office locations, including:

• Des Plaines, IL, USA
• Chicago, Illinois
• Atlanta, Georgia
• Austin, Texas
• Bentonville, Arkansas
• Boston, Massachusetts
• Canton, Massachusetts
• Los Angeles, California
• Marietta, Georgia
• New York, New York
• Raleigh, North Carolina
• San Francisco, California
• Township of Jacksonville, North Carolina

These locations enable UL Solutions to provide localized services and support to its diverse clientele.

Recent Developments

In April 2024, UL Solutions went public with an initial public offering (IPO) on the New York Stock Exchange, trading under the ticker symbol "ULS". The IPO was successful, with shares rising 21% on the first day, valuing the company at approximately $6.8 billion.

This move reflects the growing demand for safety certification services, driven by increasing regulatory requirements and higher standards set by international agencies. UL Solutions continues to play a pivotal role in ensuring the safety, security, and sustainability of products and services worldwide.