pulsESG and Workday Ventures Announce Strategic Partnership
The Workday Software Partner Programme has welcomed pulsESG, a public benefit corporation that helps mission-driven businesses reduce their negative impact on the environment, society, and governance (ESG), as a new partner.
The goal of the new partnership is to help customers of both Workday and pulsESG better meet the constantly changing requirements for ESG management and disclosure.
The planned integration of pulsESG with Workday Financial Management and Workday Human Capital Management will allow joint customers to turn structured and unstructured data sources into financial information for disclosure management and external reporting.
The integration aims to let organisations set ESG goals and track their progress toward those goals by using data already in their Workday applications.
Customers of both Workday and pulsESG will have more ways to report ESG metrics to regulators, investors, customers, and other stakeholders. They will also be able to improve their practices based on built-in analytics that compares performance to goals and benchmarks.
Murat Sönmez, pulsESG co-founder and CEO, said:
"The pulsESG team is excited to join Workday in a partnership that will expand our ability to serve our customers while empowering those enterprises to be purpose-driven. We look forward to a collaboration that will result in far-reaching positive impacts.”
Barbry McGann, managing director and senior vice president, Workday Ventures, said:
"We are excited to have made a strategic investment in pulsESG as we look for ways to benefit our customers as they navigate a changing reporting landscape when it comes to ESG. Together, pulsESG and Workday are committed to making it easier for our customers to align with goals and evolving regulations that will ultimately positively impact our planet.”
The pulsESG platform, led by tech veterans and co-founders Murat Sonmez and Inderjeet Singh, takes a different approach to ESG analysis than what is currently available on the market. It does this by giving customers complete, accurate, and auditable deep analytics that can be connected to both the source and destination ESG systems.
With this new level of information, businesses can make better decisions about ESG using a platform that gives end-users the freedom to change it based on changes in ESG regulations and the needs of their stakeholders.
Source: BUSINESS WIRE
