Sustainability consultancy ERM has entered into a strategic partnership with ESG reporting software provider Greenomy. The alliance will help ERM’s clients comply with new international regulations on sustainability reporting and performance improvements.

ERM Head of Strategic Partnerships Kushal Mashru said, “ERM’s growing ecosystem of partners enables us to help more organisations to operationalize sustainability and accelerate their path to net-zero. Comprehensive ESG data is a critical priority for organisations. By harnessing the power of data, our collaboration with Greenomy is one of the ways ERM is helping our clients to meet the rising bar on ESG reporting and deliver on their sustainability goals.”

As environmental, social and governance (ESG) becomes more important to consumers, who are increasingly inclined to shun companies with poor ESG track-records, companies are struggling to adapt while still performing well as a business. This is seeing a growing demand in the $9 billion market of sustainability consultants, who can help proactively improve upon ESG issues without diminishing business outcomes.

Billing itself as the largest global pure play sustainability consultancy, ERM partners with the world’s leading organisations, creating innovative solutions to sustainability challenges. Its team of 8,000 experts in over 150 offices around the world will be boosted in this work by the collaboration with Greenomy; helping empower clients to seamlessly transition to a net-zero future while complying with evolving reporting standards.

Greenomy has established itself as the leading SaaS platform specialising in facilitating the Corporate Sustainability Reporting Directive (CSRD) – which requires companies to report on the impact of corporate activities on the environment and society – and EU Taxonomy reporting for corporations. The firm’s platform amalgamates legislative codification, ESG data libraries, generative AI, and comprehensive analysis of corporate ESG data – automatically generating intricate sustainability reports.

Combined with ERM’s deep expertise in operationalizing ESG disclosure standards and regulations, this partnership will enable organizations to not only meet the escalating demands of reporting requirements but also gain invaluable insights into their environmental, social, and governance impacts.

Alexander Stevens, CEO of Greenomy, added, “Many new challenges have arisen with the CSRD for businesses in Europe and beyond. By working together with ERM, we look forward to enabling corporates to overcome these hurdles, facilitating their ESG reporting journey thanks to our AI-driven Greenomy Portal. With this partnership, we’re not only streamlining ESG data gathering and reporting, but we’re also driving tangible sustainability performance improvements for ERM’s clients and paving the way for a more sustainable future.”