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Sustainability Reporting is Coming to Corporate Finance

by A.G. Tan, Principal, Tensor Research

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2023 is going to be a pivotal year for Chief Financial Officers and corporate finance as sustainability (or E.S.G.) metrics are integrated into financial reporting packages.

The obvious drivers are regulatory, including:

  • The U.S. Securities and Exchange Commission (SEC) is expected to finalize its new rules requiring certain climate-related metrics to be included in the audited financial statements of publicly traded companies.
  • The European Union (EU) brought the Corporate Sustainability Reporting Directive (CSRD) into force, modernizing and strengthening the rules around social and environmental information that companies have to report.
  • The IFRS Foundation, known for defining global financial reporting and accounting standards, has absorbed the major sustainability reporting standards of the International Sustainability Standards Board (ISSB) and is actively working on connectivity between them.

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Upcoming Webinars
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Streamline Your Financial Reports with ReportWORQ 

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Busting Myths About Data Prep and Integration

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Leveraging Generative AI for Finance - Innovative Solutions  - Watch it Now!

Learn how to incorporate the wonders of AI into you Financial...

Incorporating Strategic Initiatives into the Planning Process  - Watch it Now!

Propel your Planning process and inquire about the role of...

Common Truths and Myths when Designing a Planning Analytics Solution - Watch it Now!

Gain a glimpse into the world of designing models in IBM...

Tips & Tricks
Synchronize Planning Analytics Database Groups with Planning Analytics Workspace Groups - With the release of Planning Analytics Workspace version 2.0.89 the ability to synchronize user groups between Planning Analytics Workspace and Planning Analytics databases was added. Learn more
Accessing Process Error Logs in Planning Analytics Workspace - With the release of Planning Analytics Workspace version 2.0.88 an additional way to view process error logs has been added into the Planning Analytics Workbench. Learn More
🎥 Introducing Our New Customer Spotlight Series!
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We are thrilled to unveil our latest initiative designed to provide you with actionable insights and inspiration: our YouTube playlist featuring a series of Customer Spotlight Videos. 🌟

Derived from in-depth IBM case studies, these brief yet impactful videos are focused on showcasing the transformative power of IBM Planning Analytics. Learn firsthand how our customers have revolutionized their industries, overcome challenges, and achieved remarkable growth through their partnerships with us.

Whether you're interested in the nitty-gritty of tech innovations or seeking inspiration for your next business move, this playlist has something valuable for everyone. So, why wait? Click the link below and dive into real stories that translate into real-world solutions. 👇  Playlist 👆

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Every successful planning and reporting system begins with clean data.

Every successful planning and reporting system begins with clean data. Whether you are trying to understand the past, measure performance in the present, or forecast the future, data is the key. It is the fuel that powers your predictive and prescriptive models. Data integrity is needed for validation to build trust because no machine model can ever survive a lack of trust.

DataWORQ is a special–purpose ETL (Extract, Transform, Load) and predictive modeling solution. It is designed for business users to maximize the ability to maintain and manage planning system data flows, transformations, and validations. DataWORQ includes a predictive modeling engine, along with an optimization engine designed specifically for a range of common FP&A (Financial Planning & Analysis) use cases. This rich feature set ideally positions DataWORQ as an enabler of efficient processes in areas such as modeling, orchestration, and scheduling.

Put your data to work! Learn more or See it in action!

Meet the Experts
MBurke

Studying Mathematics and Computer Science (BS, Wagner College) taught me a great deal about discussing complicated problems and ... Learn More

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Chris Willson,  Director, Services Delivery

Organizations know where they want to be, but they don’t know how to get there. To me, solving the tough problems to “get there” is the fun part....Learn More

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