Finance

Deloitte Allies with Informatica and Workiva to Streamline Data Management and Enterprise Sustainability Compliance

Published February 6, 2024

Deloitte, one of the 'Big Four' accounting organizations, has formed a strategic alliance with Informatica Inc. INFA and Workiva Inc. WK with a focus on enhancing data management capabilities and simplifying compliance with environmental, social, and governance (ESG) requirements. As businesses increasingly prioritize sustainability, the collaboration aims to deliver a robust solution for corporations striving to meet the growing demand for transparency and accountability in their sustainability practices.

Workiva Inc. WK: Innovating Compliance Solutions

At the heart of this partnership is Workiva Inc., known for its cutting-edge cloud-based compliance and regulatory reporting programs. Operating from its headquarters in Ames, Iowa, Workiva's expertise in simplifying complex reporting workflows positions it as a pivotal force in the newly forged collaboration.

Informatica Inc. INFA: Pioneering with Data-driven AI

Complementing Workiva's repertoire with its own, Informatica Inc. brings to the table a sophisticated AI-powered software platform. From its Redwood City, California headquarters, Informatica specializes in data management, which is integral for businesses aiming to analyze and report on sustainability criteria accurately.

This alliance integrates Informatica's cutting-edge technology and Workiva's comprehensive reporting tools, creating a unified platform that is expected to revolutionize the way enterprises handle ESG reporting. The collaboration represents a significant leap forward in the effort to simplify and enhance the reliability of sustainability data, offering a streamlined path for businesses to align with ESG standards and communicate their sustainability narratives effectively.

The merger of expertise from Deloitte, Informatica, and Workiva will not only refine data management and compliance but also has the potential to set a new industry benchmark for sustainability practices. As regulatory bodies around the world tighten ESG reporting standards, companies equipped with advanced tools and collaborative solutions like this one will likely find it easier to stay ahead in the sustainability curve.

investment, technology, sustainability