July 15, 2022
70% of technology leaders embracing environmental, social and governmental targets, as well as sustainable climate targets, have adopted new technologies in the last two years.
The ESG leaders also outperformed companies lagging behind in environmental sustainability goals.
According to respondents, artificial intelligence (45%) and advanced analytics (40%) are critical to achieving climate-related goals. Environmentally conscious leaders also stated that they use data and insights to reduce waste and improve overall sustainability efforts (40% vs. 30%) as well as encourage partners to make progress toward environmental goals (55% vs. 47%).
ESG leaders also use data to influence their supply chain partners to make progress towards their ESG targets (68% vs. 47%).
50% of respondents said that remote working has helped them to reduce their organization’s carbon reduction targets.
Technologies that ESG executives have identified as vital include automating processes to reduce resource-intensive activities (48%), and AI and natural language processing to predict the impact of climate on their businesses (45%).
Others include advanced analytics to recommend efficient use of resources and real-time performance analytics (40%), cloud to transform processes and enable remote work (35%), and IoT and smart devices for data gathering (20%).
The sources for this piece include an article in TechRepublic.
