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.

Lyn Bird

VP Transformation, Microsoft

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.

Direct to your inbox

Find out how we help industry leaders solve their toughest business challenges

Subscribe

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.

Learn more

Our latest thinking

How tax data helps address ESG reporting requirements

Discover how existing tax data positions you for not only effective ESG reporting but also for future success.

15 Jan 2024 Kevin Flynn

How social impact strategies advance ESG agendas

Successful environmental and governance strategies depend on a thoughtful social approach. Learn more.

04 Nov 2022 Orlan Boston + 2

Regulatory and legislative changes increase reporting pressure on tax

Tax and finance leaders are acquiring the means to design strategy, create and have a bigger effect on the business via transformation. Learn more.

24 Mar 2022 Jill Schwieterman

Decades-long decline in FG500 companies headquartered in US has reversed

Respond to today's tax challenges into tomorrow's advantages. EY and Microsoft support governments to achieve more.

18 Feb 2022 Luis Beltran Farias

The EY-Microsoft Alliance: Tech and tax come together

The EY and Microsoft alliance combines EY tax and finance intelligence with the leading-class technology capabilities of Microsoft.

18 Jan 2022 Marna Ricker

Why organizations should enlist the tax department in designing ESG strategy

Learn the importance of leveraging your tax department when formulating ESG strategy.

12 Jul 2021

    How EY can help

    EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.