Workiva Inc. announced the launch of Workiva Carbon. The new offering advances its ESG and Sustainability Platform for organizations to support the requirements of global climate regulations, including the Corporate Sustainability Reporting Directive (CSRD), SEC?s climate disclosure rules, and California?s Climate Corporate Data Accountability Act (SB 253) and Climate-Related Financial Risk Act (SB 261). Workiva Carbon simplifies the management of net zero targets that thousands of organizations have established voluntarily to meet international guidelines, respond to stakeholder demands for transparency, and better compete in the global economy.

With Workiva Carbon, companies can: Measure: Collect real-time data from their ERP platforms, accounting systems, and utility providers, and track greenhouse gas (GHG) emissions across facilities and locations using thousands of externally validated emissions factors that cover 240+ countries and territories. This data enables companies to automatically calculate carbon emissions across scope 1, 2, and 3. Manage: Create supplier engagement surveys with easy-to-fill forms that capture and connect critical data to reports and dashboards, enabling them to set science-based targets and reduction pathways, assess ESG risk, and take steps to decarbonize the supply chain. Collaborate: Gather, share, and link the same set of trusted data to deliverables across business functions?including sustainability, accounting, finance, audit, risk, legal, and more?without the risks associated with manual edits, multiple versions, downloads of disparate spreadsheets, or last-minute changes.

Report: Automatically align emissions data to voluntary and mandated frameworks created within the Workiva platform and deliver consistent disclosures for regulators, investors, and other audit-ready stakeholders, due to full data lineage and history, attached evidence, and granular permissions.