Benefit from CCH Tagetik to cover your ESG process end-to-end
CCH Tagetik is a Corporate Performance Management solution connecting financial and operational data to offer an integrated view of the organization’s performance. Next to typical reporting areas such as budgeting, planning and forecasting, or financial consolidation even production cost planning and supply chain planning are part of CCH Tagetik’s unified reporting platform. CCH Tagetik also puts forward several out-of-the-box applications for specific regulatory reporting requirements built on the same unified reporting platform. Next to the already existing applications for IFRS16, IFRS9, Account reconciliation, etc., CCH Tagetik has introduced a specific ESG application.
This application will allow your organization to install a powerful reporting solution to deliver your required ESG disclosure reporting, in compliance with the EU taxonomy or the Global Reporting Initiative reporting (GRI) framework. Although the regulatory bodies are still in the process of defining the near- and long-term requirements, CCH Tagetik is already committed to being fully compliant with these emerging regulations, and their ESG application will be updated accordingly.
ESG compliant with CCH Tagetik Intelligent Platform
ESG regulatory requirements are constantly evolving, growing more complex, and demanding comprehensive data management with each update. CCH Tagetik Intelligent Platform provides built-in data mapping, calculation logic, and templates to ensure full compliance with the regulations. This solution empowers organizations to implement a robust ESG reporting standard, in line with the EU Taxonomy or the Global Reporting Initiative (GRI) framework.
CCH Tagetik guides you through the process
A transparent workflow guides end-users through the process, ensuring full auditability. The application facilitates data collection from various sources, connecting both financial and non-financial data across all relevant categories (actuals, budgets and long-term plans). Once collected and integrated, built-in calculations transform inputs from different levels into aggregated outputs. The final result is comprehensive reporting tailored to customer needs, whether it’s data overviews or detailed reports with comments. This process supports the overall goal of achieving an organization’s ESG objectives.
ESG Disclosures with CCH Tagetik Intelligent Disclosure
The final piece of the ESG assessment is a streamlined and transparent document for stakeholders. CCH Tagetik Intelligent Disclosure answers this need with narrative reporting software that dynamically integrates financial, non-financial and ESG consolidated numbers into data-linked reports. Create and automatically insert ESG disclosures into the annual report with the intuitive Microsoft 365 supported Intelligent Disclosure application.
CCH Tagetik ESG: just the essentials you need
Double materiality assessment
CCH Tagetik helps identify the sustainability matters that are most material for your business. The pre-packaged double materiality assessment provides survey tools and impact analysis to engage stakeholders, determine relevant sustainability matters, define and assess impacts, risks, and opportunities, and draft a complete materiality overview.
The ESG Module that fits your company
Depending on an organization’s business different ESG Modules are available, each with its own focus.
Promote a culture of long-term sustainability
ESG Planning and strategy
Companies embracing ESG at a strategic level will want to oversee the projected impact of ESG initiatives and may include ESG in their strategic or annual planning. The application supports this approach, allowing you to connect ESG with financial impacts and planning. Show stakeholders the impact of ESG activities and how they intersect with financial and operational goals. Create reports quickly and easily using dynamic ESG performance data.
Monitor with integrated PowerBI Dashboards
Unlock the full potential of ESG data with Power BI. Seamlessly incorporated with CCH Tagetik, Power BI ensures efficient tracking and reporting of environmental, social and governance performance.
Inspire teams with customised sustainability dashboards, together with element61!