Evolve your ESG Journey with Deloitte’s “Cloud Green Performance” accelerator powered by Oracle

As ESG regulatory responsibilities such as the Corporate Sustainability Reporting Directive (CSRD) are changing and becoming more complex and the requirements to govern ESG reporting with the same rigour and scrutiny as financial reporting, it is crucial for organisations to develop a cross-organisational ESG embedded approach for reporting as well as seize upon the on emerging sources of value presented by ESG opportunities.

Deloitte’s Cloud Green Performance accelerator is powered by Oracle’s EPM ESG application and is designed to help you meet CSRD Reporting and ESG performance management needs. It provides full coverage of the Collect to Report process, from carbon calculation, comprehensive data modelling, social & governance metrics and performance management to regulatory and last mile reporting. It can support organisations to realise benefits such as:

• Meet external reporting requirements e.g., CSRD and strengthening internal ESG performance management
• Improve sustainability performance & strategy, manage ESG performance indicators and define targets
• Automate and streamline ESG data collection, calculation, aggregation and reporting process
• Improve link between ESG and its Financial impact
• Extend existing Performance Management framework, process and technology to include ESG, allowing for:
  • Increased process and op model Efficiency
  • Enhanced user experience
  • Decreased TCO
• Leverage technology to enable controls to facilitate audit and assurance requirements.
  

Capabilities it offers:
 

• Supports multiple reporting framework: Foundational, bottom-up and end to end solution that supports multiple frameworks e.g., CSRD, GRI, SSAB, IFRS etc. and can be extended to support other ESG reporting needs
• Pre-built sustainability templates for data ingestion e.g., to ingest Financials, Social and Governance data. Importing Data from external sources
• Carbon calculator to calculate Scope 1, 2 and 3 emissions in various Unit of Measures (UoM)
• Common conversion dimension – GHG Protocol at heart with ultimate flexibility to support multiple frameworks
• Plan & forecast ESG and ESRS metrics, define ESG targets, monitor ESG performance and quickly take action
• Prepare CSRD and other ESG disclosures collaboratively and in a controlled way with Narrative Reporting
• Define and manage ESG initiatives and explicitly link their impact to Financial statements
• Prepare CSRD & other ESG disclosures and integrate ESG within your annual reports in a controlled way with Narrative Reporting
  

Embed ESG into Performance Management
 

With Deloitte’s “Cloud Green Performance” solution, organisations can integrate sustainability which will gradually pivot the focus solely from mandatory external disclosures towards embedding sustainability in performance management process. Whether you are about to start an EPM transformation journey or have an existing Oracle EPM solution, ESG reporting and performance management capabilities can easily be embedded into EPM solutions, helping to implement robust ESG processes by leveraging financial data collection and reporting processes, and further benefit from your existing EPM investment.

Don’t be shy, come and talk to our passionate team.