Enterprise finance platform OneStream has announced the release of a new Environmental, Social and Governance (ESG) Reporting and Planning solution, aimed at helping companies integrate sustainability metrics into their broader financial reporting and planning processes.
The new tool is designed to support the collection, analysis, forecasting, and reporting of ESG data—including Scope 1, 2, and 3 emissions—within OneStream’s existing unified platform, which is already used by finance teams for consolidation, financial close, and strategic planning.
The launch comes as regulatory uncertainty continues to cloud the ESG reporting landscape. “Despite the recent proposed scaling back of ESG and sustainability reporting regulations mainly aimed at small and midsize enterprises, larger enterprises covered by EU mandates will still need to meet reporting standards, albeit on a more forgiving timetable,” said Robert Kugel, Executive Director at ISG Software Research.
He added: “Enterprises that see value in reducing costs by consuming less energy and water while reducing GHG emissions must have systems in place that enable them to manage to ESG objectives. They will need software that allows them to reliably capture, plan, forecast and report ESG metrics and align them to financial planning and reporting.”
Key capabilities of the solution include unified ESG and financial data models, dynamic data collection workflows, and support for managing renewable energy contracts in alignment with Scope 2 market-based reporting methodologies. It also enables scenario modelling and performance forecasting to help organisations assess their progress against sustainability and financial targets.
Matt Rodgers, Executive Vice President for EMEA and ESG Executive Lead at OneStream, said: “Global businesses that align sustainability and carbon emissions reporting with financial performance have a stronger competitive advantage.”
Referring to findings from the company’s Finance 2035: Return to Investment report, he added: “Our research found 73% of investors believe strong ESG credentials are key to global competitiveness. Today’s launch of ESG Reporting & Planning signifies our commitment to finance-led business planning – enabling Finance leaders to align sustainability with strategy so they can steer their businesses towards growth.”
The announcement reflects growing demand for integrated ESG solutions that meet the evolving expectations of regulators, investors, and corporate stakeholders alike.
