KPMG has partnered with business data and reporting solutions provider Workiva to provide ESG data and reporting solutions and services.
According to both firms, the enhanced alliance comes as global sustainability reporting requirements continue to evolve, with emerging expectations for companies to provide “investor-grade” ESG disclosures based on complete, accurate and consistent data.
ESG Today noted that under the new collaboration, KPMG will leverage Workiva’s platform, providing simplified and automated ESG disclosure, while supporting auditability and helping clients focus on value-add opportunities.
KPMG US ESG leader Rob Fisher said, “We’ve experienced more momentum for sustainability reporting to meet the same rigors as financial reporting. As a premier implementation partner, we are working with Workiva to help clients go beyond compliance to develop decarbonization strategies that connect data with technology and drive not just reporting but trust.”
Workiva COO and president Julie Iskow added, “As sustainability disclosure requirements continue to evolve, there is an expectation that ESG disclosures be board-ready and investor grade. Workiva’s cloud technology is unrivaled.
“It is the only unified platform for financial reporting, ESG, and GRC. Working together, KPMG and Workiva will help organizations gain insights, make data-driven decisions and ultimately drive better business outcomes.”
Last year, KPMG became one of the latest financial institutions to enter the metaverse with the launch of a collaboration hub.
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