Wolters Kluwer, a global leader in professional information, software solutions and services, today announces CCH® Tagetik ESG & Sustainability Performance Management, further extending its comprehensive regulatory compliance offering. The pre-built expert solution combines Environmental, Social and Governance (ESG) initiatives and financial performance to enable companies to create powerful ESG reporting and manage compliance requirements while driving their sustainable growth strategies.
With the more stringent EU Taxonomy taking effect from January 2023 and mounting stakeholder pressure, the office of finance, as well as compliance and ESG professionals, need complete confidence that their organization is compliant with evolving ESG requirements. CCH® Tagetik ESG & Sustainability Performance Management accelerates compliance for EU Taxonomy, GRI, SASB, and other standards and frameworks by using pre-built and extendable processes to aggregate and analyze complex data and automatically generate ESG reports for disclosure. Beyond compliance, customers benefit from better, faster decision-making, to drive sustainable growth and combat risk through the unification of ESG data with financial results, integrated plans, and scenario analysis.
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“Our customers asked, and we delivered. That’s why we are proud to offer our CCH® Tagetik ESG & Sustainability expert solution to ensure customers can continuously meet compliance with ease, now and in the future,” said Ralf Gärtner, Senior Vice President and General Manager of Corporate Performance Solutions, Wolters Kluwer Tax & Accounting. “Companies gain streamlined regulatory reporting through pre-configured content for quick implementations, and automated and scalable processes that simplify compliance. But that’s not all. By embedding ESG data into financial and operational plans, companies are empowered with the insights to see ESG opportunities, identify cost savings and minimize risk.”
CCH® Tagetik is a global expert solution that enables digital transformation in the office of the CFO, providing a strategic and intelligent platform for financial close & consolidation, financial & operational planning, and regulatory compliance. With its proven regulatory compliance expertise and the broadest range of regulatory products, addressing different requirements from Solvency II, IFRS, to Lease Accounting and more, CCH® Tagetik helps global enterprises to keep pace with proliferating and increasingly complex regulations.
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