Wolters Kluwer, a provider of professional services and information solutions, today announced the integration of the ESG reporting functionality of its corporate performance management solutions unit CCH Tagetik into its Enablon ESG Excellence solution, aimed at enabling companies to comply sustainability disclosure requirements within standards, including CSRD, GRI and SASB.
The announcement follows Wolters Kluwer’s launch earlier this year of its new Corporate Performance & ESG division, which brings together four of the company’s enterprise software businesses, including Corporate Performance unit CCH Tagetik, EHS/ORM Software business Enablon, Finance, Risk and Reporting. , and the internal audit solutions that TeamMate offers.
In April, Enablon launched the Enablon ESG Excellence solution, aimed at enabling companies to effectively manage their environmental footprint across air, water, waste, energy and chemicals, in addition to employee health and safety.
With the integration of CCH Tagetik’s disclosure capabilities with Enablon’s ESG Excellence EHS and ESG collection and analysis functionality, the company says the solution will enable sustainability and finance professionals to capture operational and ESG data from various business applications in to collect and connect a single one. solution. New functionality in the solution includes collecting and validating ESG data from various corporate sources, mapping ESG data to frameworks such as CSRD, GRI and SASB, monitoring the ESG data process from source to disclosure with workflow management, collaboration to track ESG performance and develop ESG reports and presentations, and publish auditable ESG information.
Karen Abramson, CEO of Wolters Kluwer CP & ESG, said:
“CFOs and sustainability leaders are quickly recognizing that spreadsheets and a patchwork of software applications – long the go-to tools for collecting and analyzing ESG-related data – are no longer sufficient for larger organizations committed to ESG. Just as our cloud-based business performance management technologies have brought clarity to the complexities of financial reporting and analysis over the past decade, Wolters Kluwer is now bringing digital transformation to the world of ESG reporting.”