UL has announced that it will expand the scale and scope of research into emerging safety risks through the launch of a new, second nonprofit organization to advance standards development and public advocacy activities for the enterprise. The company is committing $1.8 billion to address increasingly complex public safety risks and strengthen the impact of its safety science mission.

"As we look at how people live and work today, we recognize that technological change has accelerated, and safety threats are outpacing even that rapid change," said Terrence R. Brady, president, chief executive officer, UL. “With our major funding and refocused approach, we are well positioned to address the world's emerging safety challenges, advance research to uncover new approaches to safety and advocate for the adoption of new science-based standards.”

Access more information via the UL news announcement.