Together at last! Carbon emissions data usually sits apart from financials. Deloitte integrates them in Workday Adaptive Planning to help you understand the bottom-line impact of your emissions-reduction strategies and continuously plan for a sustainable future.
Continuous, integrated planning has finally arrived for understanding your carbon footprint and the financial implications of decisions
As a global issue with local repercussions, climate change affects not only how organizations operate today but also whether or not they will thrive in the future. Customers and employees increasingly expect companies to be good corporate citizens; investors are holding organizations accountable for their performance on environmental, social and governance (ESG) criteria; and governments are mandating compliance with national emissions-reduction targets in alignment with the stated goals of the Paris Agreement.
However, many organizations have reached an impasse in responding to these pressures because they don’t have the right tools. Carbon emissions data usually sits apart from financials. This makes it difficult for companies to analyze the potential effects of abatement options, and it makes it virtually impossible to quantify the bottom-line impact of their carbon-reduction strategies.
To resolve this impasse, Deloitte has created an Emissions Planning Model, developed on the Workday Adaptive Planning platform. The Model can help you to understand the bottom-line impact of your carbon-reduction strategy by assembling three main pieces of the puzzle: emissions data, financials, and science-based targets. By integrating and automating these components, the Deloitte Emissions Planning Model can enable you to do the following and much more:
Our model marries the depth and breadth of Workday Adaptive Planning with Deloitte’s collaborative approach, scenario-analysis accelerators and deep knowledge of ESG reporting. Through this union, we can help leaders across industries save time, generate insights, and take an enterprise approach to emissions management.
The 2022 Workday Partner Innovation Awards honor select Workday Services and Software partners for their expertise in and commitment to accelerating innovation to customers while extending key Workday solutions.
Deloitte was named the winner of the 2022 Workday Partner Innovation Awards in the Government category for its Emissions Planning Model in Workday Adaptive Planning. This tool allows organizations to connect emissions data to financials and science-based targets and provides leaders with essential data to help assess emissions-reduction strategies, allocate future resources, balance costs and benefits, and track progress against goals—all within Workday Adaptive Planning.
The imperative for companies to have a carbon reduction plan in play has never been greater. Investor, regulatory and carbon price pressures are forcing companies to address their emissions impact. The incentive is equally compelling: consumer preference for companies acting on climate mitigation and adaptation is now greater than ever. Climate risk has made sustainability a top priority for the CFO. However, the complexities of emissions and climate scenario modelling, and the challenge of translating this into balance sheet exposure, is leaving many at a loss for where to begin. Join this session to learn more about climate risk scenario modelling and how Workday and Deloitte can help you walk a clear path to decarbonization and business resilience.