KPMG in Germany forms strategic alliance with ESG software provider osapiens

KPMG AG Wirtschaftsprüfungsgesellschaft is cooperating with the Mannheim-based software developer osapiens.

The partnership enables both companies to expand their services in the field of ESG in a complementary manner: Osapiens provides the technological core of the cooperation with a cloud-based platform. The platform enables companies to bundle high-quality ESG data in one central location and digitise, automate and analyse their sustainability-related processes with the help of AI. In combination with KPMG's excellent technical and regulatory ESG consulting and auditing expertise, clients can implement their sustainability strategies with a high degree of efficiency, fulfil the legally required due diligence obligations and prepare their ESG reporting in accordance with the new Corporate Sustainability Reporting Directive.

Stephan Fetsch, Deal Advisory, EMA Head of Retail, EMA Head of Consumer Goods at KPMG adds: "The osapiens platform is an important building block for us. It enables us to solve our clients' technological challenges more easily and to work with them to focus on the legal, procedural and organisational implications."

"The partnership with KPMG strengthens the added value of our CSRD solution for our customers by giving them not only our application tool to fulfill their legal requirements, but additionally supplying direct access to KPMG experts for clarifying compliance relevant questions or ensuring end-to-end integration", explains Alberto Zamora, CEO of osapiens. "The 'osapiens HUB for CSRD' supports companies throughout the entire process, from dual materiality analysis and risk assessment to target setting and reporting. Companies can quickly and easily assess impacts, opportunities and risks using predefined or self-created templates and link and disclose these accordingly within the reporting. The main component of the solution is barrier-free data consolidation, so that all required key figures can be obtained with just a few clicks in order to minimise manual effort," explains Zamora.

Mannheim-based osapiens offers software-as-a-service solutions that enable global companies to establish sustainability, fulfil legal ESG requirements and automate processes. The company uses its cloud-based technology platform, the osapiens HUB, and innovative technologies such as artificial intelligence (AI) to support companies in the seamless implementation of ESG guidelines such as CSRD, EUDR or LkSG and to roll out their ESG strategy company-wide.

osapiens was founded in Germany in 2018 and has around 300 employees working for over 1,200 clients worldwide. The company was honoured with the German Founder Award as a "Rising Star" in 2022.