Wolters Kluwer, a global leader in information, software, and services for professionals, today announced that it is set to launch two new solutions: CCH Tagetik® ESG & Sustainability for CBAM (Carbon Border Adjustment Mechanism) and CCH® Tagetik ESG & Sustainability for Planning & Analytics.
The new ESG Planning & Analytics capability will support business leaders to align climate goals and broader ESG initiatives with financial performance and integrate sustainability into decision-making. The new CBAM functionality is designed to simplify CBAM compliance, with the goal of evolving alongside upcoming carbon pricing regulations.
Karen Abramson, CEO of Wolters Kluwer Corporate Performance & ESG, said: “Companies are seeking transformative technologies to enable them to predict, plan and act on both financial and non-financial data and analytics. Our new solutions demonstrate our commitment to innovating to support finance leaders in managing emerging ESG-focused compliance and data needs to drive long-term resilience and growth. We remain committed to product excellence and anticipating market trends and delivering solutions that meet the evolving needs of CFOs.”
CCH Tagetik ESG & Sustainability for CBAM is designed to automate emissions reporting to enable accuracy and streamline CBAM compliance and manage supplier emissions early, plan for import-related carbon costs, and prepare for escalating carbon allowance pricing.
Key features include:
- Automatic AI-powered detection of CBAM-relevant goods and associated suppliers.
- Automated emissions calculations aligned with CBAM guidelines—enabling accurate and auditable data.
- Generation of submission-ready reports with built-in quality checks and EU CBAM templates.
- Native integration with CCH Tagetik Carbon Management, enabling seamless sharing of carbon emission data.
CCH Tagetik ESG & Sustainability for Planning & Analytics is an integrated solution that connects financial and sustainability data, enabling faster and smarter planning with a focus on driving long-term resilience and growth. The solution supports defining and scaling sustainability strategies across assets and value chains.
Key Capabilities include:
- AI-enhanced Sustainability Forecasting and Analytics for simulating emissions trajectories to explore insights, uncover risks, and identify performance gaps.
- A unified financial and sustainability data hub bringing together financial consolidation and planning data with sustainability metrics to address and manage financial impacts of sustainability initiatives.
- Governance and collaboration-first planning with robust workflows, role-based access, and collaboration tools to drive accountability and streamline sustainability planning across teams and enable co-operation across a full organizational structure.