61% of the 11,000 respondents believe that machines will do better than people with sustainability and social efforts.<\/p>\n
Other important findings from the report are: 93% of people believe that sustainability and social factors are more important than ever, 94% believe that society has not made enough progress and 45% believe that companies can make more significant changes in terms of sustainability and social factors.<\/p>\n
78% are frustrated and fed up with the lack of progress made by companies. 84% believe that companies would make greater progress towards sustainability and social goals with the help of AI.<\/p>\n
For the majority of respondents, climate change, resource scarcity and population growth need to be addressed, and solving these problems can help organizations with sustainability.<\/p>\n
While business owners agree, 91% identified finding the right data to track progress and completing time-consuming manual processes as the biggest obstacles to achieving the goal.<\/p>\n
In order to prioritize sustainability, organizations are advised to streamline their processes for collecting, converting, standardizing, and aggregating data. They can also establish a unified framework for comparing KPIs and then consolidating and aggregating them for analysis.<\/p>\n
The findings were part of Oracle’s report, “No Planet B: How Can Businesses and Technology Help Save the World?” which featured 11,000 consumers and business leaders.<\/p>\n