Deloitte adopts Datamaran’s ESG platform in Belgium, Netherlands and Italy

Global accounting and consulting firm Deloitte has agreed a partnership with ESG software provider Datamaran, initially spanning its businesses in three European markets.

Under the agreement, Deloitte will be able to use Datamaran’s software platform for its clients in Italy, the Netherlands and Belgium.

Datamaran’s platform allows organisations to monitor over 400 external risk factors including ESG, and its database of 9,000 companies lets them benchmark themselves, set targets, and generate insights to drive efficiency and profitability. The platform has been recognized as a best practice by the European regulator EFRAG for double-materiality analysis and risk monitoring.

“Working together with Datamaran gives us first-in-class tools to provide our clients with actionable insights and analysis to achieve their sustainability goals,” said Wim Bartels, partner at Deloitte. “Together, Datamaran and Deloitte will leverage our combined expertise so clients can confidently navigate the complex landscape of ESG reporting and compliance.”

The partnership comes in light of the CSRD regulation, which obliges large European companies to monitor and report on their ESG risks, as well as conduct a double-materiality analysis.

Phased over a number of years, over 50,000 companies in Europe will per the CSRD reporting directive be forced to measure and disclose their ESG performance alongside their annual financial reporting.

“Companies everywhere are grappling with how to handle new regulatory requirements around sustainability,” said Datamaran Founder and Chief Executive Officer Marjella Lecourt-Alma. “We’re thrilled to be collaborating with the largest of the Big Four professional-services networks to enable more C-Suite executives and their trusted consultants to hit the mark complying with legislation using our market-leading, data-driven software.”

With revenues of in $67.2 billion in financial year 2023/24, Deloitte is indeed the largest of the Big Four firm, around $12 billion ahead of PwC, and further ahead of EY and KPMG.