EY joins hands with Microsoft to launch climate stress testing solution

EY Canada announced that it has collaborated with Microsoft Azure and launched an EY Climate Stress Testing and Scenario Analysis solution to assist Canada’s financial sector in managing the impacts of climate change. 

“Our clients recognize the need for reliable systems to effectively manage and report environmental, social, and governance (ESG) data, but finding such systems proves challenging,” explains Mario Schlener, EY Canada Risk Consulting Leader, in a release. “By combining Microsoft cloud technology and EY ESG risk expertise, we’re providing a powerful solution, complete with the latest industry frameworks and standards, to assist clients through the climate reporting process.”