EY Expands Alliance With Archer To Accelerate Transformations in ESG

Originally published at ey.com. EY is a Hall of Fame company.


The EY organization announced the expansion of the alliance between Archer, an RSA Security LLC business and leader in integrated risk management solutions, and Ernst & Young LLP (EY US). EY US has a more than 20-year proven history in sustainability and ESG services. This expanded alliance will help businesses meet the evolving demands of regulators, investors and other key stakeholders.

Sustainability is one of the most pressing issues of our time for the environment, employees and consumers, society and investors. As businesses face an increasing array of regulatory reporting requirements focused on ESG performance, such as the SEC Climate Disclosures in the US, developing robust processes, procedures and controls is essential for high-quality reporting. EY US and Archer are working together to help organizations build their ESG reporting and risk management strategies. These ESG strategies can help finance officers and comptrollers better prepare and manage investor-grade metrics, including external reports subject to audit or regulatory action.

“We believe that value-led sustainability is bigger than any one business. It’s everybody’s business. And with today’s complex ESG landscape, holistic solutions supported by the right technologies are imperative,” said Marsha Reppy, EY Americas Sustainability and ESG Technology Leader. “The broad technical skills of EY US across a breadth of business issues, combined with the power of Archer’s platform, will help businesses bolster their ESG risk, compliance and disclosure capabilities.”

The Archer ESG Management offering leverages Archer’s long-standing leadership in providing highly configurable solutions for efficient risk integration across multiple domains. Archer ESG Management provides organizations with an easy-to-use, manageable and deployable platform enabled by artificial intelligence to gather, aggregate and analyze data internally and across the supply chain. These capabilities help empower decision-makers to better guide their organization down a sustainable path. Integrated assessment and scenario analysis help executives and senior leaders accurately define and clearly communicate to investors the transition plan designed to achieve their ESG targets.

Through this expanded alliance, the two organizations are also collaborating to help companies better assess climate risk and model the financial impacts of this risk using Archer’s risk quantification and decision support product, Archer Insight. These solutions will assist finance professionals in interpreting, managing and reporting climate risk in alignment with the guidance established by leading organizations such as the Task Force for Climate-Related Financial Disclosures (TCFD) established by the Financial Stability Board (FSB).

“The requirements for organizations to effectively address ESG are accelerating and taking on many of the characteristics of other previous regulatory requirements, such as Sarbanes-Oxley (SOX) and General Data Protection Regulation (GDPR),” said French Caldwell, Chief Strategy Officer of Archer. “Archer and EY US have a long history of close collaboration to help enterprises address many fast-moving requirements around regulatory needs as well as broader governance and risk management initiatives. We are pleased to extend our alliance to include collaboration on ESG initiatives for US organizations.”