Deloitte, a global leader in audit, consulting, tax, and advisory services, is joining forces with Informatica, known for its AI-powered Intelligent Data Management Cloud platform, and Workiva, a specialist in cloud-based regulatory reporting, to revolutionize enterprise sustainability compliance and data management.
The collaboration aims to bolster clients’ environmental, social, and governance (ESG) implementation and data management capabilities. Leveraging Informatica’s cutting-edge data management platform, Workiva’s adept regulatory reporting services, and Deloitte’s profound technological, operational, and domain expertise, this integrated ecosystem is designed to expedite ESG deployment and reporting. By ensuring data accuracy and verifiability, the partnership is positioned to align seamlessly with regulatory requirements and foster organizational agility.
This strategic alliance is more than a mere collaboration; it represents a unified front against the challenges of ESG enablement and implementation. As per Deloitte’s “2023 CxO Sustainability Report,” key obstacles like measuring environmental impact, costs, and focus on short-term issues are impeding sustainability efforts. Addressing these challenges, Deloitte, Informatica, and Workiva are determined to simplify the journey towards effective ESG enablement and implementation, aiming for large-scale transformation.
Deloitte, with its extensive history and expertise across various industries, has consistently been at the forefront of delivering top-tier audit, consulting, tax, and advisory services globally. The firm’s commitment to creating impactful change is evident through its innovative solutions and strategic alliances, tailored to guide clients in shaping their futures.
Informatica, a pioneer in data management, empowers businesses with robust data governance solutions, crucial for informed decision-making and operational excellence. Workiva, at the helm of financial reporting and compliance, offers a unified platform that integrates ESG, governance, risk, and compliance, ensuring a secure, controlled, and audit-ready environment for businesses.
Deloitte Risk & Financial Advisory partner Rebecca Chasen highlighted the significance of the partnership, stating, ” today’s ever-evolving business landscape, sustainability is more important to enterprises than ever. It’s not about simply meeting compliance requirements — ESG is a major contributor to growth and competitive advantage, making it critical to feed reporting solutions with accurate data.
“As a leader in ESG service delivery, Deloitte is well-positioned to deliver quality sustainability transformation, utilizing the enablement and reporting tools and technology from our Informatica and Workiva alliances.”
Keep up with all the latest FinTech news here.
Copyright © 2024 FinTech Global
Copyright © 2018 RegTech Analyst
