Deloitte has integrated ‘GreenLight powered by Salesforce’ into its operations to boost its ESG reporting capabilities.
- Initially launched in 2023, GreenLight is a product of the collaboration between Deloitte and Salesforce aimed at streamlining ESG reporting.
- Deloitte uses itself as a test case for GreenLight, promising a successful deployment as a global case study for clients.
- GreenLight assists firms in managing environmental data, strategy development, financial insights, and integration with existing systems.
- This initiative aligns with Deloitte’s WorldClimate strategy, emphasizing the importance of tech solutions in achieving sustainability targets.
Deloitte has recently incorporated ‘GreenLight powered by Salesforce’ into its extensive operational framework, spanning over 120 countries, aiming to enhance its ESG reporting capabilities. This programme is a testament to the successful collaboration between Deloitte and Salesforce, launched in 2023. The integration signifies a crucial step in Deloitte’s sustainability efforts, using itself as a test case, and could potentially serve as a prime global example for other interested clients.
GreenLight Solution offers comprehensive capabilities to assist firms in managing and reporting on environmental aspects. It collects and organises environmental data from various sources to provide a clear overview of a company’s carbon footprint. The programme aids in developing strategic roadmaps using advanced algorithms and a vast database, optimising efforts to reduce greenhouse gas emissions. Furthermore, it delivers crucial financial insights, including information on tax credits and incentives available across different countries.
Additionally, GreenLight is designed for seamless integration with existing business technologies and strategies, easing the implementation of sustainable practices. Deloitte’s WorldClimate strategy catalysed this technological advancement, with the organisation designing a product that not only aligns with its stringent internal requirements but also holds viability for client applications. As Deloitte’s Global Chief Sustainability Officer Kwasi Mitchell highlighted, having the right technology solutions is critical for organisations striving towards sustainability goals.
Deploying the GreenLight Solution addresses a notable challenge identified in a recent study by Deloitte and Touche LLP, which highlighted data quality as a formidable obstacle faced by organisations under impending sustainability disclosure norms. GreenLight aims to streamline the reporting process and uphold data integrity in this context. Emphasising its ability to synthesise data from isolated silos into a cohesive snapshot, it stands to disrupt traditional corporate reporting methods.
Through its partnership with Salesforce, Deloitte has constructed a platform tailored for sustainability reporting, leveraging the potent features of Net Zero Cloud to meet substantial data demands. The rollout has effectively automated multiple manual operations, bringing a new level of discipline comparable to financial-reporting standards, and enabling teams across sustainability, social impact, and procurement to converge on a singular platform for diverse reporting needs.
At Sustainability LIVE London, Smruti Naik-Jones, Deloitte’s CSO for UK and North-South Europe, highlighted the firm’s progress and commitment to societal impact, aspiring to channel US$3bn over the next decade. The ability to measure and report on a spectrum of KPIs, from greenhouse gases to societal initiatives, underscores Deloitte’s dedication to sustainable development. She emphasised the necessity for companies to accelerate meaningful actions and enhance impact through collaboration to thrive in the future economy.
The strategic collaboration between Deloitte and Salesforce positions GreenLight as a transformative tool in ESG reporting, paving the way for future sustainability efforts.
