The update embeds pre-configured, carbon data management capabilities based on the GHG protocol, the world. “This solution will support finance leaders in their efforts to track emissions accurately and accelerate compliance with relevant ESG regulations and standards,” Wolters Kluwer said in a prepared statement.

The company said features include carbon emissions data automatically feeding into CSRD, International Financial Reporting Standards, Sustainability Accounting Standards Board and Global Reporting Initiative output reports​. 

In addition, it offers a pre-configured data model for ingesting data from internal and external sources while emissions factors are contained in a pre-loaded and extensible library. Pre-configured greenhouse gas calculation logics are provided for Scope 1, 2 and 3 emissions and there are also Dashboard and data visualization capabilities.

Bob Scott

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Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind