Why sustainability should be at the core of finance technology transformation

  • Insight
  • July 25, 2024
David McGee

David McGee

ESG Leader, PwC Ireland (Republic of)

78%

of organisations’ sustainability reporting challenges relate to data.

75%

of investors cite sustainability as a factor in investment decisions.

49%

say implementing sustainability reporting tools will be ‘high effort’.

40%

of CEOs accepted lower return rates for climate-friendly investments.

In today’s rapidly evolving business landscape, sustainability has become critical in driving long-term success. As a finance executive, you can lead your organisation towards a more sustainable future by integrating environmental, social, and governance (ESG) factors into your finance transformation strategy.

Our latest report, ‘Why sustainability should be at the core of finance technology transformation’, offers invaluable insights into how you can harness the power of technology to achieve comprehensive and integrated reporting across financial and sustainability data. By implementing the right technology solutions, you can:

  • Manage broad and complex sustainability information more effectively;

  • Embed trust in sustainability data and reporting;

  • Keep pace with advancing regulatory requirements;

  • Meet investors’ growing demand for clear, timely and credible sustainability information;

  • Make better, faster decisions across sustainability and finance;

  • Realise efficiencies to help meet reporting deadlines;

  • Free up resources to focus on value-adding tasks; and

  • Unlock rising net value for your business over time.

The report explores the key challenges organisations face when implementing sustainability reporting, including data management, internal and external reporting requirements, and cost-effectiveness. Our experts provide practical guidance on overcoming these challenges and outline a three-phase approach to successfully implementing an integrated reporting environment: assess, design and implement.

Discover how your organisation’s sustainability maturity profile can shape your approach to technology across the four key building blocks of integrated reporting: enterprise performance management, risk and controls, disclosure and external reporting, and finance and carbon accounting. Learn how to select the right technology solutions and providers and explore the potential of outsourcing and managed services to accelerate your journey.

Download our report to unlock the strategic benefits of embedding sustainability into your finance transformation strategy and take the first step towards a more sustainable, resilient and successful future for your organisation.

Sustainability finance transformation

Use technology to integrate and equalise finance and sustainability reporting.

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