Dutch technology firm Wolters Kluwer has created a new division, known as Corporate Performance & ESG (CP & ESG), which unites its global software businesses that provide corporations and banks with integrated financial, operational, and ESG performance management and reporting solutions. CP & ESG will position Wolters Kluwer to capitalise on the ever-increasing demand for software, data, and insights across corporate performance management and ESG. ESG solutions are a core growth driver for firm, which reported 2022 annual revenues of €5.5 billion. Over the past decade, it has successfully established a strong set of leading, global software solutions in corporate performance management, environmental health and safety, and risk. These businesses – TeamMate, CCH Tagetik, Enablon and Finance, Risk & Reporting – will move to the new division. Karen Abramson, currently CEO of Wolters Kluwer’s Tax & Accounting division, will lead the newly created CP & ESG division. The combined revenues of the four business lines that make up the new division are understood to be more than €600 million.