Financial reporting, ESG and GRC software provider Workiva recently acquired Sustain.Life, a carbon accounting firm, launching a new tool, Workiva Carbon, aimed at helping companies comply with increasing global sustainability reporting requirements, including those in the U.S. and EU. Terms of the acquisition were not disclosed.
The tool supports tracking of Scope 1, 2 and 3 greenhouse gas (GHG) emissions, according to a news release.
“The launch of Workiva Carbon enhances Workiva’s established and leading ESG platform, positioning us to help businesses advance their sustainability efforts,” said Julie Iskow, president and CEO of Workiva. “Now our customers can streamline greenhouse gas (GHG) emissions tracking, set science-based targets, and meet stakeholder demands amidst the changing investor and regulatory landscape. Bringing these carbon capabilities into our platform highlights our unwavering commitment to providing our customers a comprehensive solution for financial reporting, ESG and GRC.”
