As regulations proliferate, enterprises look to generative AI to help simplify ESG and GRC reporting

The raft of new global legislation for financial, GRC and ESG reporting is putting fresh pressure on enterprises to consolidate and clean up their data and processes. Could generative AI could help alleviate some of this pressure? Companies are unsure about how to make the best use of it, and the regulations themselves are still evolving.

This was front-of-mind for delegates at last week’s Amplify EMEA conference in Amsterdam last week, hosted by Workiva, which provides a cloud-based platform for integrated reporting in ESG, Financial Reporting, and GRC (Governance, Risk and Compliance). The agenda highlighted trends for a rethink of data, reporting and governance. In this complicated market, where a mix of consultants, auditors and vendors all work closely with their clients, AI is beginning to have an impact — particularly in the ESG space, where data sources and processes are not as predictable as for financial reporting.

Speaking on ...