The EY-Microsoft Alliance

Tech and tax come together to solve the great ESG data dilemma

Using tax technology to capture ESG data

No matter your transformation goals, the great ESG data challenge will affect your journey. Tax plays a crucial role — especially true given the overlap of tax data and ESG data.

The EY- Microsoft Alliance can help you navigate these data challenges whilst implementing sustainable change within your organization and the world.

As a tax leader, you know all too well that there is such a thing as too much of a good thing. That thing is data.

And you know that Environmental, Social and Governance (ESG) tax data is no exception. While facing the great ESG data dilemma, the question becomes “what to do with all of it?” and how to efficiently capture the right data for ESG reporting, especially when the law is always changing to expand the requirements for managing compliance and technical reporting.

When dealing with terabytes of data, simplicity is key. That’s why it’s absolutely vital to use existing reporting processes — like tax and finance data capture — to your advantage. Taking an ecosystem approach to your existing data opens a host of possibilities. It’s a true win / win.

Organizations need to think through new approaches to storing and accessing the data needed to meet all of these new ESG requirements. This makes it all the more important to ensure that you have the right people, systems and processes to bring it all together. Addressing these demands takes enterprise technology coupled with business acumen. This ecosystem approach is at the core of the EY-Microsoft Alliance.

EY — together with Microsoft — can future-proof your organization, making it adaptable to whatever new sustainability reporting and compliance requirements arise. That’s because we understand the great ESG data dilemma, and have designed technology to capture and use data efficiently to comply wth ESG reporting needs.

Working with the EY-Microsoft Alliance positions you to respond to today’s data demands by maximizing what you already have and ready your organization for tomorrow.

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Navigating beyond now and into what’s next

No matter your transformation goal, the EY-Microsoft Alliance can help you overcome the challenges before you and effect real, sustainable change in your organization and the world.

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