The KPMG 2021 CEO Outlook survey found that 81 percent of executives saw ESG initiatives as a strategic priority. Many have set high-level goals and begun initiatives within various functions. However, given the breadth of ESG and the considerations needed across multiple departments and systems, few have devised a cohesive and enterprise-wide approach. To establish visibility across an ESG program, organizations need an approach that aligns initiatives across departments, and moves data across systems to enable program measurement and effectiveness.
Without a well-designed data and technology solution, organizations will continue to require a high degree of manual effort to “connect the dots” across ESG initiatives. Whether it be manual collection and review of data, manual management of programs and projects, or manual creation of reports that links everything together, too many points of action outside of a central system can exponentially increase the risk of error and intensify the challenge to properly inform stakeholders.
To address these challenges KPMG LLP (KPMG) has teamed with ServiceNow as their lead launch and design partner to bring a new integrated ESG solution to clients. Together, KPMG and ServiceNow help companies gain visibility and transparency across their ESG initiatives with a tailored strategy, governance, and reporting all managed on one technology platform.
Transcript
In a rapidly changing world…
Environmental, social, and governance performance has become an increasingly important organizational imperative.
Furthermore, with a global laser focus on climate change, business leaders are also being challenged on their commitment to net-zero
Societal pressures, combined with emerging regulations for reporting and disclosures, mean that leaders must take meaningful and immediate action to avoid reputational damage and potentially significant financial risks. We all know that change is needed, and we all have our part to play.
− But what actions will drive this change within your business?
− How do you start, or most effectively continue, on your ESG and climate journeys?
− What steps are needed to successfully implement socially responsible programs that will comply with evolving regulations?
KPMG can help.
We understand the enormous pressures you are facing…
Together, KPMG and ServiceNow offer an approach and supporting technology to help organizations just like yours execute meaningful, compliant net-zero strategies while enhancing their ESG performance. Through the Now platform we implement new workflows and controls into daily processes, capture and integrate meaningful data insights from the wider enterprise and build TRUST in data. We help organizations gain better visibility and transparency across their enterprise, allowing leaders to better govern, strategize, and report on all their ESG and Climate initiatives.
And our integrated risk management and compliance capabilities enable you to meet the updated SEC requirements and mitigate risks.
This collective solution provides the traceability, verification, and auditability you need to better govern your ESG programs.
KPMG and ServiceNow help you take meaningful and immediate ESG and Climate change action.
Get in touch now.
