Wolters Kluwer

CCH Tagetik ESG & Sustainability provides a comprehensive and intelligent solution for companies navigating the complex landscape of ESG reporting. With robust capabilities—ranging from automated carbon emissions calculations to AI-powered narrative reporting and double materiality assessments—this platform not only ensures compliance with stringent regulations like CSRD but also enables organizations to drive meaningful sustainability initiatives. Its ability to unify financial and non-financial data, combined with strong governance features, makes it a powerful tool for achieving both regulatory compliance and long-term business sustainability.”

E+E Leader Judge

ESG reporting is becoming a critical business imperative for Finance, and the Corporate Sustainability Reporting Directive (CSRD) introduces extensive disclosure requirements, mandatory sustainability reporting standards, and an obligatory audit. CSRD adds double materiality requirements to reporting where both financial and impact materiality must be disclosed.  

CCH Tagetik ESG & Sustainability is designed to support companies’ need to comply with ESG reporting requirements and achieve long-term sustainable growth. Our intelligent solution streamlines data collection, KPI calculation, and disclosure supporting compliance with CSRD, Carbon Emissions, EU Taxonomy, GRI, SASB, IFRS and more.   

 Our CSRD-specific capabilities help companies navigate complex ESG regulations, automate reporting, ensure accurate disclosures, and evaluate material matters and impacts.  

• Compliance with new ESRS reporting standards: Get your reports up to speed with a preloaded library of all the European Sustainability Reporting Standards (ESRS) regulatory indicators, related calculation logics and pre-configured data model.   

• Carbon emission data preparation: Automatically calculate Scope 1, 2 and 3 emissions data and feed it into CSRD predefined output reports. Use pre-configured calculation logic based on the GHG protocol, preloaded emission factors and an extensible library.  

• Double materiality assessment: Engage stakeholders, determine relevant sustainability matters, define, and assess impacts, risks, and opportunities, and draft a complete materiality overview.    

• AI-powered intelligent narrative reporting: Automatically cascade audited, vetted numbers into disclosures., reports, and presentations. Accelerate narrative creation with Microsoft Copilot GenAI.   

• Assurance and governance: Track the history of all source data via workflow with an automatic audit trail to support both limited and reasonable assurance.   

CSRD focus

CCH Tagetik ESG & Sustainability Performance Management now offers dedicated CSRD-specific capabilities. Our solution offers features designed to automate the reporting process and ensure accurate disclosures while equipping users to determine material matters and evaluate their impacts.  

These include: 

 Prepare accurate and reliable carbon emission data  

Ensure comprehensive reporting and disclosure of both direct and indirect emissions, while aligning with relevant regulations and frameworks. Our solution automatically feeds accurate emissions data into CSRD, IFRS and GRI output reports. Use pre-configured calculation logic for Scope 1, 2 and 3 emissions. Manage granular data using preloaded emission factors and an extensive library. 

Double materiality assessment  

Our pre-packaged double materiality assessment equips you with the survey tools and impact analysis to engage stakeholders, determine relevant sustainability matters, define and assess impacts, risks, and opportunities, and draft a materiality overview. 

AI-powered intelligent narrative reporting  

Streamline disclosure with accurate, automated narrative reporting and disclosure and cascade the latest consolidated results into disclosures. Our software collects and processes trillions of financial, non-financial, and ESG data points from around your enterprise. It automatically cascades data from a central data hub into disclosures, reports, and presentations. 

Audit Trail 

Capable of facilitating both limited and reasonable assurance, CCH Tagetik tracks the history of all source data via an automatic audit trail. Our CSRD solution uses advanced data validation techniques to identify inaccuracies before they make their way into reports. The result is high-quality, reliable disclosures that are easy to audit to any level of assurance.  

Powered by AI

All CCH Tagetik solutions are available through the CCH Tagetik Intelligent Platform. This first-to-market platform leverages latest in generative and objective AI technology to power up company’s full suite of CPM solutions. The state-of-the-art AI functionality in the CCH® Tagetik Intelligent Platform empowers finance professionals to democratize access to meaningful financial and non-financial data, manage and control massive datasets with unprecedented speed and automation, unlock hidden insights, and improve and expedite decision making.   

 Key to accurate ESG reporting, the platform’s new AI-enabled capabilities include: 

• Intelligent Analytics with Ask AI, our GenAI tool, enables self-service reporting, analytics, dashboarding and visualization. The engine allows users to access data in a new way – rapidly searching through organized information sets to quickly uncover accurate answers to everyday business questions. 

• Intelligent Disclosure dynamically integrates financial, non-financial, and ESG consolidated numbers with narratives into data-linked reports. This assures finance and business teams that any document, including annual filings, board books, and management presentations, is always accurate.