IFS, PwC UK to Launch Sustainability Management and Reporting Solution

▤ Summary

Enterprise software company IFS and professional services provider PwC UK announced today a new collaboration to launch a new Sustainability Management Solution on the IFS Cloud platform aimed at supporting companies in meeting sustainability disclosure requirements, including the EU’s new CSRD regulation, and embedding sustainable practices into their business operations. Additionally, IFS Cloud customers will be able to enlist PwC services for guidance on sustainability reporting issues and tasks, such as conducting double materiality assessments and preparing for CSRD readiness. Our expertise in ESG criteria and knowledge of the regulatory landscape will enable us to provide valuable guidance and support in designing a solution that empowers organisations to effectively manage their sustainability initiatives and navigate the evolving regulatory landscape.” According to IFS, the new solution will help customers navigate the new CSRD requirements, as well as other emerging mainstream global regulatory standards, with key features including out-of-the-box CSRD metrics, data mapping, approval workflows, target setting, and insights, as well as a library of KPIs, including quantitative metrics with calculation logic, supported by PwC ESG experts. Alongside the new module, PwC UK will provide services for companies to be compliant for their first CSRD reporting cycle in 2025. “This strategic coalition between IFS and PwC is not just a technological advantage; it is a commitment to shaping a sustainable and transparent ecosystem.

▦ Linked Companies

IFS

$250M to $500M