Ensuring Data Consistency is a Top Challenge Companies Face When It Comes to ESG Reporting
NEW YORK, N.Y. (May 31, 2023)聽鈥� 乐鱼(Leyu)体育官网 and Workiva Inc. (NYSE: WK) announced an expanded collaboration to facilitate ESG reporting. 乐鱼(Leyu)体育官网 has developed an innovative approach, utilizing Workiva technology and Microsoft Cloud for Sustainability, to address ESG reporting concerns including inconsistent data and siloed data sources, limited data validations and controls, lack of traceability, and highly manual and inefficient data processes.
鈥淭he SEC Climate disclosure requirements have heightened the need for companies to improve disclosures and reporting,鈥� said Rob Fisher ESG Leader, 乐鱼(Leyu)体育官网 US. 鈥淏y leveraging Microsoft Cloud for Sustainability and the Workiva platform, we are helping clients streamline the process of integrating environmental data across sources to establish more complete and reliable climate reporting and analytics.鈥�
乐鱼(Leyu)体育官网 and Workiva announced an聽expanded alliance relationship聽earlier this year focused on providing ESG data and reporting solutions and services. Now they are incorporating Microsoft Cloud for Sustainability to enhance data management processes and accelerate near real-time regulatory reporting and analytics to meet evolving ESG reporting requirements and providing the analytics and insights needed to drive the organization鈥檚 ESG strategy. 乐鱼(Leyu)体育官网 is a Workiva premier ESG implementation and advisory partner, with deep sustainability experience across all industries, that will leverage Workiva鈥檚 powerful, cloud-based, connected platform, along with Microsoft Cloud for Sustainability to advance clients鈥� ESG journeys.
"This collaboration will enable and optimize聽our customers' ESG strategies and control processes. It is critical we continue to address the evolving requirements of ESG reporting through the power of partnership and the development of timely, innovative solutions,鈥� said Corey Wells, SVP of Partnerships & Alliances, Workiva. "Workiva is committed to ensuring our customers remain equipped to meet demands for transparency, accountability, and emerging regulation, made possible by the only fully unified platform capable of disclosing ESG data with the rigor and assurance of investor-grade reporting."
Workiva鈥檚 unified cloud-based platform simplifies and automates ESG disclosures, supports auditability, and focuses resources on value-added opportunities, and enables collaboration and integration to simplify increasingly complex ESG reporting.
鈥溊钟悖↙eyu)体育官网 incorporating Cloud for Sustainability 聽into their approach for client ESG data and reporting solutions will enable customers to leverage high quality data to make real-time decisions,鈥� said Kelly Rogan, CVP of Global System Integrators & Advisory Partners for Microsoft. 鈥淭he 乐鱼(Leyu)体育官网 approach is valuable for customers who need to comply with ESG reporting requirements, while helping them identify where they currently are and where they need to be in the future.鈥澛�
About 乐鱼(Leyu)体育官网 LLP
乐鱼(Leyu)体育官网 LLP is the U.S. firm of the 乐鱼(Leyu)体育官网 global organization of independent professional services firms providing audit, tax, and advisory services. The 乐鱼(Leyu)体育官网 global organization operates in 143 countries and territories and has more than 265,000 people working in member firms around the world. Each 乐鱼(Leyu)体育官网 firm is a legally distinct and separate entity and describes itself as such. 乐鱼(Leyu)体育官网 International Limited is a private English company limited by guarantee. 乐鱼(Leyu)体育官网 International Limited and its related entities do not provide services to clients. Some or all of the services described herein may not be permissible for 乐鱼(Leyu)体育官网 audit clients and their affiliates or related entities.
乐鱼(Leyu)体育官网 is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity and eradicating childhood illiteracy. Learn more at.
About Workiva Inc.
Workiva Inc. (NYSE:WK) is on a mission to power transparent reporting for a better world. We build and deliver the world鈥檚 leading cloud platform for assured integrated reporting to meet stakeholder demands for action, transparency, and disclosure of financial and non-financial data. Workiva offers the only unified SaaS platform that brings customers鈥� financial reporting, Environmental, Social, and Governance (ESG), and Governance, Risk, and Compliance (GRC) together in a controlled, secure, audit-ready platform. Our platform simplifies the most complex reporting and disclosure challenges by streamlining processes, connecting data and teams, and ensuring consistency. Learn more at聽.
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