Integrating Watershed and Workiva for ESG Management

This whitepaper details Barco's strategic project aimed at enhancing sustainability management and reporting through the integration of Watershed and Workiva technologies. It outlines the transition from compliance-driven processes to a more strategic approach that leverages technology for better data management and reporting efficiency. The document describes the challenges faced by Barco, including data fragmentation, manual data collection, and inefficiencies in existing processes, which were compounded by regulatory pressures such as the EU's Corporate Sustainability Reporting Directive (CSRD). The selection process for the technologies involved a cross-functional team that conducted comprehensive data mapping and needs assessments, ultimately leading to the choice of Watershed for sustainability data management and Workiva for integrated reporting. The anticipated benefits include improved data quality, enhanced stakeholder trust, and a more agile reporting framework, positioning Barco to meet evolving sustainability expectations while driving competitive advantage.