Lav Goyal
Partner & Head
Business Advisory Services
Business Advisory Services
Overview
Digital transformation and ESG are two prominent and high-priority topics in the business community globally. The first focuses on applying technology throughout the value chain to produce faster, smarter and more desirable business outcomes and the latter emphasises the broader value a business is expected to create for its stakeholders from an environmental, social and governance perspective. These two goals can and should go hand-in-hand in today’s stakeholder economy.
The impact of digital technology is unreservedly visible in transforming and improving business processes, and ESG is no exception. Integrating ESG compliance and reporting into a company's overall digital transformation strategy will be vital to maximising efficiency and creating more value from its digital solutions.
Digital solutions involving integrated ESG data management tools enable business entities to effectively capture, analyse, monitor and disclose non-financial information. Furthermore, such solutions ensure the reliability and credibility of information, as required for independent assurance of non-financial disclosures.
