OneStream Announces New ESG Reporting & Planning Solution to Help CFOs Navigate Evolving Reporting Demands

Rhea-AI Summary

OneStream (Nasdaq: OS) has unveiled its new ESG Reporting & Planning solution, designed to help enterprises manage environmental, social, and governance requirements within their unified platform. The solution supports comprehensive Scope 1, 2, and 3 emissions frameworks, enabling seamless collection, analysis, reporting, and planning of ESG metrics.

The platform's key features include unified ESG data collection, reporting & planning capabilities, alignment of ESG metadata with financial reporting models, governance of planning processes, enhanced ESG forecasting, and management of renewable energy contracts. According to their Finance 2035 report, 73% of investors consider strong ESG credentials important for global competitiveness.

This launch comes amid evolving ESG reporting regulations, where larger enterprises, particularly those under EU mandates, must still meet reporting standards despite recent scaling back of requirements for smaller businesses. The solution aims to help finance leaders link sustainability efforts to financial performance through data-driven decision-making and comprehensive compliance management.

Positive

• Comprehensive integration of ESG metrics with financial reporting
• Support for all three scopes of emissions reporting
• Strong market validation with 73% investor support
• Alignment with EU regulatory requirements
• Enhanced forecasting and planning capabilities

Negative

• Implementation complexity for large enterprises
• Potential learning curve for new users
• Dependency on accurate data input

Unified ESG Planning and Reporting now supports Scope 1, 2 and 3 emissions frameworks

BIRMINGHAM, Mich., April 8, 2025 /PRNewswire/ -- OneStream, Inc. (Nasdaq: OS), the leading enterprise Finance management platform that modernizes the Office of the CFO by unifying core finance and operational functions – including financial close, consolidation, reporting, planning and forecasting, today announced its new ESG Reporting & Planning solution. This solution enables OneStream customers to seamlessly collect, analyze, report and plan for ESG requirements – including Scope 1, 2 and 3 emissions – within OneStream's unified platform.

"Despite the recent proposed scaling back of ESG and sustainability reporting regulations mainly aimed at small and midsize enterprises, larger enterprises covered by EU mandates will still need to meet reporting standards, albeit on a more forgiving timetable," said Robert Kugel, Executive Director who leads the Office of Finance practice and the AI for Business efforts at ISG Software Research. "Moreover, enterprises that see value in reducing costs by consuming less energy and water while reducing GHG emissions must have systems in place that enable them to manage to ESG objectives. They will need software that allow them to reliably capture, plan, forecast and report ESG metrics and align them to financial planning and reporting."

OneStream's ESG Reporting & Planning solution unifies ESG data and processes in a single platform—empowering Finance leaders to link sustainability efforts to financial performance. With support for target setting, scenario modelling, and Scope 1, 2, and 3 reporting, it helps businesses meet global compliance and make data-driven decisions that guide business performance. Key features of OneStream's ESG Reporting & Planning solution include:

• Unified ESG Data Collection, Reporting & Planning: Collect activity, using industry standards or customized factors to calculate Scope 1, 2 and 3 emissions and carbon intensity.
• Align ESG Planning & Reporting: Create, configure and align ESG metadata model requirements with the same data model used for financial reporting and planning.
• Govern ESG Planning & Reporting Processes: Create end-to-end user workflows to collect quantitative and qualitative data through dynamic interfaces to ensure completeness and timely delivery of auditable data.
• Enhance ESG Planning & Forecasting: Forecast ESG KPIs to provide transparency for the organization into your financial and ESG target achievements.
• Manage Renewable Energy Contracts: Manage Renewable Energy Contracts (RECs, PPAs) throughout the organization and align calculations to Scope 2 Market Method in a unified data model.

"Global businesses that align sustainability and carbon emissions reporting with financial performance have a stronger competitive advantage," said Matt Rodgers, EVP, EMEA and ESG Executive Lead at OneStream. "Our recent Finance 2035: Return to Investment report found 73% of investors believe strong ESG credentials are key to global competitiveness. Today's launch of ESG Reporting & Planning signifies our commitment to finance-led business planning – enabling Finance leaders to align sustainability with strategy so they can steer their businesses towards growth."

For more information about OneStream's ESG Reporting & Planning solution, visit here.

About OneStream

OneStream is how today's Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. It's the leading enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution.

We deliver a comprehensive cloud-based platform to modernize the Office of the CFO. Our Digital Finance Cloud unifies core financial and broader operational data and processes and embeds AI for better planning and forecasting, with an extensible architecture, so customers can adopt and develop new solutions, achieving greater value as their business needs evolve.

With over 1,600 customers, including 17% of the Fortune 500, more than 300 go-to-market, implementation, and development partners and over 1,500 employees, our vision is to be the operating system for modern finance. To learn more, visit onestream.com.

Contacts

MEDIA CONTACT
Jaclyn Proctor
Media Relations Contact
OneStream
media@onestreamsoftware.com 

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SOURCE OneStream, Inc.

FAQ

What are the key features of OneStream's new ESG Reporting & Planning solution?

The solution includes unified ESG data collection, aligned ESG metadata modeling, governance of planning processes, ESG forecasting capabilities, and renewable energy contract management, all integrated within a single platform.

How does OneStream's ESG solution handle emissions reporting?

The solution supports comprehensive Scope 1, 2, and 3 emissions frameworks, allowing businesses to collect activity data and calculate emissions using industry standards or customized factors.

What percentage of investors believe ESG credentials are important according to OneStream's Finance 2035 report?

73% of investors believe strong ESG credentials are key to global competitiveness according to OneStream's Finance 2035: Return to Investment report.

How does OneStream's ESG solution align with current EU reporting mandates?

The solution helps larger enterprises meet EU ESG reporting mandates, which remain in effect despite recent scaling back of requirements for smaller businesses.

What sustainability metrics can be tracked using OneStream's new ESG solution?

The solution tracks carbon emissions across Scope 1, 2, and 3, carbon intensity, renewable energy contracts (RECs, PPAs), and enables ESG KPI forecasting and target achievement monitoring.