Evolving expectations for corporate reporting
Accurate, auditable reporting is essential for managing risk, responding to evolving regulations, and driving confident decisions. Leading enterprises are investing in technology that brings rigor to regulatory reporting, ensuring they’re ready to plan, predict, and act on what’s next.
As pressure grows to deliver strategic, measurable outcomes, organizations are turning to AI-enabled platforms, scenario modeling, and digital twins to help manage risk, plan for disruption, and deliver reporting that stands up to business-critical decisions.
With the right tools, companies can connect operational, environmental, and compliance data across the business to reduce risk, meet regulatory requirements, and improve decision-making at scale.
ESG reporting: what are the challenges?
Today’s businesses are expected – and sometimes required – to report and comply with myriad of inconsistent and ever-evolving ESG regulations. They’re also faced with the overwhelming task of centralizing and standardizing non-financial ESG data from a multitude of internal and third-party sources.
Just like financial reporting, effective ESG reporting requires multiple corporate regions, functions and businesses to rise above their siloes to work together to collect and report ESG data, analyze that data to identify and manage risks, and assure its accuracy. That kind of true collaboration and integration can only happen with the support of digital transformation: technologies that can break down siloes, bring clarity to complexity, and assure the traceability and auditability of ESG data.