Global Professional Services Deloitte today announced that it has expanded its alliances with enterprise cloud data management software provider Informatica and business data and reporting solutions provider Workiva, providing a new ecosystem aimed at helping clients accelerate ESG implementation and reporting with accurate data.
According to Deloitte, the expanded alliances aim to help simplify ESG enablement and implementation for clients at scale, addressing client concerns around ESG data management, with senior executives interviewed frequently citing the difficulty in measuring impact. of their organizations as a major barrier to their sustainability efforts. .
Rebecca Chasen, Financial and Risk Consulting Partner at Deloitte and leader of its Sustainability, Climate and Equity Alliances program, said:
“In today’s constantly evolving business landscape, sustainability is more important than ever for companies. It’s not simply about meeting compliance requirements – ESG is a huge contributor to growth and competitive advantage, making it critical to power reporting solutions with accurate data.”
According to the companies, the new ecosystem will combine Informatica's AI-based intelligent data management cloud and Workiva's cloud-based regulatory reporting offering with Deloitte's deep technology, operational and domain expertise to help clients manage environmental and social governance, to meet goals, including adhering to regulatory and legal requirements, enabling transparent disclosure, addressing ESG risk and aligning responsible business practices.
Levent Ergin, chief ESG and sustainability strategist at Informatica, said:
“Together, Informatica and Deloitte have a long history of enabling business leaders to realize the full potential of their data governance, and we take that responsibility seriously. With the addition of Workiva to our ecosystem, we are enhancing our joint solutions with their collaborative reporting platform to create end-to-end visibility for our customers around the world.”
Corey Wells, senior vice president of partners and alliances at Workiva, added:
“As the industry's only unified platform that brings together financial reporting, ESG, governance, risk and compliance in a secure, controlled and audit-ready environment, our collaboration with Informatica and Deloitte will help our joint customers promote responsible business practices and ultimately gain competitive advantage through early risk mitigation and transparent reporting. This new ecosystem marks an exciting next step as we continue to help our clients optimize their ESG reporting.”
