Simplifying ESG disclosure through Workiva

Project overview and objectives

A global leader in advanced textiles and materials processing came to Clearsulting to enhance their Environmental, Social, and Governance (ESG) reporting capabilities. Here’s a closer look at their goals:

• Leveraging Workiva‘s ESG Reporting module to integrate diverse frameworks while efficiently managing data for accurate reporting
• Streamlining ESG data collection to align with international standards
• Responding effectively to the Carbon Disclosure Project (CDP) questionnaire and EcoVadis Assessment

What we did

We implemented Workiva’s ESG Reporting module, focusing on enhancing the current reporting framework. That meant:

• Formulating technical design requirements while tailoring Workiva’s solution design to our client’s specific needs
• Developing a WData model for output data and mapping critical ESG frameworks—like the setup for the CDP questionnaire and EcoVadis Survey
• Performing robust testing to ensure compliance and a smooth and effective user experience

Impact

When it was all said and done, our client was able to navigate reporting more easily, with efficiency gains like:

• The creation of a structured data point index and hierarchy that improved data collection and management—increasing accuracy in their ESG disclosures
• Advanced reporting capabilities with the successful integration of key ESG frameworks and the CDP questionnaire, global reporting standards compliance, and a tailored EcoVadis data collection process and progress dashboard
• An empowered reporting team, ready to manage their workflows with confidence

The best part of this transformation? A reinforced commitment to sustainability and governance.

Learn more about how simplifying your processes through Workiva can empower your finance and reporting teams.