Deloitte launches new ESG accelerators for users of the Workiva platform working to establish or improve accounting, financial and regulatory reporting

NEW YORK –News Direct– Workiva

NEW YORK, May 11, 2022 /3BL Media/ — Following on from Existing strategic alliance between Deloitte and Workiva, Deloitte has built four new accelerators for use on the Workiva platform focused on environmental, social and governance (ESG) accounting and financial reporting and compliance. New accelerators built by Deloitte on the Workiva platform aim to help modernize disparate internal ESG data collection processes, as well as streamline and automate ESG reporting capabilities, including data collection processes and better alignment of the frame. All are available now in Workiva Marketplace.

“While this is most urgent for our publicly traded clients, we hear from many organizations we work with that they want to establish or improve their ESG reporting,” said Valery Dokshukina Deloitte Risk & Financial Advisory partner and leader of the Workiva alliance, Deloitte & Touche LLP. “We developed these new accelerators on the Workiva platform to combine with our existing Workiva ESG methodology to help CFOs and controllers improve the efficiency and accuracy of their organizations’ ESG reporting, as their organizations develop and evolve these compliance and workflow efforts.

Julie IskowPresident and Chief Operating Officer of Workiva Inc., added, “The Workiva platform is open, scalable, and designed for our strategic alliances like Deloitte to create and deliver innovative service offerings that extend the value of Workiva solutions and play a broader role in digital transformation initiatives. our clients. As ESG disclosure requirements continue to evolve, Workiva and Deloitte can help organizations solve reporting challenges and provide investor and board-level data to all stakeholders.

Jon RaphaelDeloitte’s U.S. leader in sustainability, climate and equity, added, “These Workiva accelerators mark an important step forward in Deloitte’s sustainability, climate and equity practice, as we focus on helping customers using Workiva to accelerate their ESG programs and financial reporting responsibilities.

Deloitte’s new ESG accelerators for use on the Workiva platform include:

  • The ESG disclosure management tool is a technology-based accelerator that helps organizations keep up with and adapt to evolving ESG regulations through more streamlined and aligned disclosures across various industry and global reporting frameworks. The tool can be customized for specific individual industries and sectors – or groups thereof – to help focus on the information needed across multiple ESG reporting frameworks and standards.

  • ESG Master Data Conversion Table is a technology-based accelerator designed to help streamline the process of collecting and preparing data for calculating key environmental metrics through standardized, repeatable processes. It can be customized with various data entry methods to automate calculations of waste, water, energy and emissions measurements.

  • Data Recovery Chain Accelerator is a technology-based accelerator designed to save time and drive greater insight consistency through automation within the Workiva platform. The tool automates quarterly and annual document and spreadsheet transfer processes, with the goal of reducing the risk of human error and providing other process-based efficiencies.

  • ESG Environmental Inventory Survey is a technology accelerator designed to collect environmental data inputs from various sources, upload supporting documents, aggregate data inputs and automatically calculate key environmental inventory metrics such as Scope 1 and Scope 2 emissions, water abstraction and waste generation.

About WorkivaWorkiva Inc. (NYSE: WK) is on a mission to provide transparent reporting for a better world. We design and deliver the world’s best regulatory, financial and ESG reporting solutions to meet stakeholder demands for action, transparency and disclosure of financial and non-financial data. Our cloud-based platform simplifies the most complex reporting and disclosure challenges by streamlining processes, connecting data and teams, and ensuring consistency. Learn more about workiva.com.

About DeloitteDeloitte provides industry-leading audit, advisory, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. our people come together for the greater good and work across all industry sectors that drive and shape today’s marketplace, delivering measurable and lasting results that help build public confidence in our financial markets, inspire clients to see the challenges as opportunities for transformation and prosperity, and help pave the way to a stronger economy and a healthier society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that matter most to them. Backed by more than 175 years of service, our network of member firms spans more than 150 countries and territories. See how Deloitte’s more than 345,000 people around the world connect to impact www.deloitte.com.

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See the source version on newsdirect.com: https://newsdirect.com/news/deloitte-launches-new-esg-accelerators-for-workiva-platform-users-working-to-establish-or-enhance-accounting-financial-and-regulatory-reporting-244086853

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