Accenture Launches 360° Value Reporting Experience

Rhea-AI Summary

Accenture (NYSE: ACN) has launched its 360° Value Reporting Experience to enhance stakeholder transparency by integrating financial and ESG reporting. This platform offers a comprehensive overview of the company's goals, progress, and performance. Additionally, Accenture plans to plant 674,000 trees to support its commitment to net zero by 2025. The company has adopted three new ESG frameworks and shifted its annual ESG reporting from March to December, aiming to remove over 13 million metric tons of carbon over the next two decades.

Positive

• Launch of the 360° Value Reporting Experience enhances stakeholder transparency.
• Commitment to plant 674,000 trees symbolizes sustainability efforts.
• Addition of three ESG reporting frameworks improves compliance and reporting standards.
• Shift of annual ESG reporting timeline to December allows for more timely disclosures.

Negative

• None.

- Combines financial and environmental, social and governance (ESG) reporting into digital-first experience -

- Comprehensive view of goals, progress and performance enhances transparency for all stakeholders -

- Also announces plan to plant 674,000 trees — one for each person at Accenture -

NEW YORK--(BUSINESS WIRE)-- Accenture (NYSE: ACN) has launched its 360° Value Reporting Experience to demonstrate the multiple ways the company creates, drives and measures value, both in serving its clients and operating its business.

The Accenture 360° Value Reporting Experience (Photo: Business Wire)

Accenture defines “360° Value” as delivering the financial business case and unique value a client may be seeking, along with striving to partner with its clients to achieve greater progress across these dimensions: Client, Talent, Inclusion & Diversity, Experience, Sustainability and Financial. The company applies these same categories of value to how it operates its business.

“Our goal is to create 360° Value for all our stakeholders—our clients, people, shareholders, partners and communities,” said Julie Sweet, chair and CEO of Accenture. “This goal reflects our growth strategy, our purpose, our core values and our culture of shared success, and we measure our own success by how well we are achieving this goal. Today we are proud to launch this new way to share our progress on how we are creating this value.”

The Accenture 360° Value Reporting Experience enables its stakeholders to see all the company’s reporting and data in one place, offering a comprehensive view of the company’s goals, progress and performance across its financial and environmental, social and governance (ESG) measures. The experience also features stories that illustrate how Accenture creates 360° Value with its clients.

Stakeholders can easily access the metrics that are most important to them and explore the frameworks and standards that Accenture currently reports against, as well as the company’s annual report, proxy statement and United Nations Global Compact Communication on Progress.

In its reporting this year, the company has added three ESG reporting frameworks — the Sustainability Accounting Standards Board (SASB), the Task Force on Climate-Related Financial Disclosure (TCFD) and the World Economic Forum International Business Council (WEF IBC) metrics — while continuing to report against with the GRI Standards, the UNGC Ten Principles and the Carbon Disclosure Project. With the launch of the Accenture 360° Value Report Experience, Accenture has shifted its annual ESG reporting from March to December.

Building on Accenture’s Commitment to Net Zero

The company also announced today that it is planting 674,000 trees — one to represent each person at Accenture — as part of its commitment to reaching net zero by 2025. Additionally, in September 2021, the company announced its investment in nature-based carbon removal projects, which will reforest land, rebuild biodiversity, make agriculture more sustainable, help create green jobs and allow natural ecosystems to rebound and thrive. These projects are expected to physically remove more than 13 million metric tons of carbon from the atmosphere over the next 20 years.

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 674,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at accenture.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211216005417/en/

Stacey Jones

Accenture

+1 917 452 6561

stacey.jones@accenture.com

Peter Y. Soh

Accenture

+1 703 947 2571

peter.y.soh@accenture.com

Source: Accenture

FAQ

What is Accenture's 360° Value Reporting Experience?

Accenture's 360° Value Reporting Experience is a new platform that integrates financial and ESG reporting to enhance transparency for stakeholders.

What are Accenture's sustainability initiatives?

Accenture is planting 674,000 trees to support its net zero commitment by 2025 and is also investing in nature-based carbon removal projects.

When does Accenture report its ESG metrics now?

Accenture has shifted its annual ESG reporting from March to December.

What new ESG frameworks has Accenture adopted?

Accenture has adopted the Sustainability Accounting Standards Board (SASB), Task Force on Climate-Related Financial Disclosure (TCFD), and World Economic Forum International Business Council (WEF IBC) metrics.

How much carbon does Accenture plan to remove through its initiatives?

Accenture's initiatives are expected to remove over 13 million metric tons of carbon from the atmosphere over the next 20 years.