Sustainability advisory firm ERM and business data and reporting solutions provider Workiva announced today the launch of a new strategic partnership aimed at providing companies with advice and technology solutions to meet growing sustainability and climate-related reporting requirements.

According to the companies, the new partnership comes as companies are facing increasing and evolving regulatory sustainability reporting requirements, while working to meet their own ESG goals.

Paul Volpe, Senior Vice President of Growth at Workiva, said:

“The expansion of new global ESG regulations, such as the climate disclosure rules introduced by the U.S. Securities and Exchange Commission (SEC), are driving the convergence of non-financial and financial reporting… Together with ERM, our mutual clients will be able to streamline their ESG reporting, operationalize their sustainability strategies, and collaborate in real-time, all of which are required to help customers address regulatory requirements but more importantly drive their business goals.”

ERM’s services encompass areas including sustainability strategy and disclosure, climate change, and EHS. Workiva provides an ESG reporting solution on its cloud-based reporting and compliance platform, Workiva Platform, with capabilities including automated data collection, direct connection to all ESG reports, utilization of established or proprietary frameworks to develop ESG strategies, and consistent and accurate ESG reporting.

According to the companies, the new collaboration will bring together the partners’ capabilities to offer an end-to-end solution for data management and reporting, including advising businesses and providing cloud-based technology to collect and manage ESG data and disclosures in real time.

Luiz Guimarães, Global Service Leader, Corporate Sustainability & Climate Change at ERM said:

“Ultimately, our clients will gain real-time access to data that informs their risk management-to-value creation journey. Our partnership with Workiva will help our clients be ready for emerging ESG disclosure regulations and, in the process, advance their business strategy.”