KPMG will drive Service Now environmental, social and governance solutions rollout

KPMG is serving as the lead launch and design partner for the new ServiceNow’s new Integrated Environmental, Social and Governance (ESG) solutions, as well as expanding their partnership to work on further ESG solutions and services.

The new solution integrates ServiceNow’s ESG management and reporting with its ESG project and portfolio management and integrated risk management solutions.

According to Service Now, ESG management and reporting enable companies to document content topics, establish goals and KPIs, track performance, collect and validate audit-ready data, and create disclosures that align with major ESG reporting frameworks makes.

The KPMG firm will integrate this with ServiceNow Security Operations and Vendor Risk Management Solutions to create a solution stack that includes risk and compliance, internal audit, operational resilience and cyber security.

Other new solutions to be developed will help ESG strategies, programs and initiatives such as diversity and inclusion, reducing carbon emissions and business continuity management help users contribute to a “more sustainable, equitable and ethical world”. KPMG said.

KPMG Impact and ESG US Leader Rob Fischer said, “In order to adapt to and respond to the ever-changing global market and the evolving expectations of consumers, regulators and investors, it is imperative that companies raise their trust profiles along with their stakeholder ecosystem. ” Which is also a member of KPMG Impact Global Steering Group.

“This is why KPMG firms are focused on helping customers innovate and grow responsibly. Our continued association with ServiceNow is now more important than ever as we prepare to help customers meet these expectations. ESGs combine skills in risk, technology, and consulting to create the right digital tools and solutions to help them achieve their goals.”

KPMG will prioritize two solutions for release by the end of the year – the first will address supply chain transparency while the second will focus on ESG management through a combination of projects, data and governance.

“Activating ESG in the enterprise will require a team effort and careful oversight. As maturing from myriads, an efficient system often requires a ServiceNow ‘platform to platform’ approach to individual efforts,” Added Vasanth Balasubramaniam, general manager and vice president of ServiceNow Risk Business Unit.

“Over time, we also believe that companies will be most successful by integrating ESG efforts within strategy, management, governance, and reporting for their entire organization. Building on our current momentum with KPMG, we have helped clients with these We have started working in a better world to help us overcome complex challenges.”