Workiva helps companies solve ESG data and reporting challenges

2021-05-02 00:30

Workiva announced it has extended its cloud platform capabilities to help companies meet the rapidly changing landscape of Environmental, Social and Governance reporting with a fit-for-purpose ESG solution.

"Workiva has years of experience solving complex business problems for the world's largest organizations, including managing and reporting financial, non-financial and ESG data and meeting changing regulations head on," said Julie Iskow, chief operating officer of Workiva.

"There is a powerful motivation for organizations to report ESG data alongside the balance sheet to provide a broader company valuation. Workiva is uniquely qualified to deliver innovative technology solutions that enable global organizations to make sense of the complex ESG ecosystem and achieve greater transparency and accountability."

The ESG reporting process requires organizations to capture and manage data from many financial and non-financial data sources.

The data must then be organized and mapped to multiple reporting standards from agencies such as the Sustainability Accounting Standards Board, the Global Reporting Initiative and the Task Force on Climate-related Financial Disclosures, and be disclosed to rating agencies and shareholders.

Workiva's integrated ESG solution brings together teammates, datasets and data sources to deliver high-quality disclosures to important stakeholders.

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