Sustainability Magazine July 2024 | Page 71

ESG

“ Data is key to evaluating ESG commitments and performance metrics ”

WOUT VANDEGAER INFORMATICA ALLIANCE LEAD , DELOITTE CONSULTING LLP
“ Chief Data Officers have a leadership role to play in modernising their organisations ’ ESG data management capabilities and protecting their organisations from the compliance and reputational risks that come from inaccurate or faulty ESG data and reporting .”
So the weight of sustainability is sitting on the CDO ’ s shoulders .
“ The role of the Chief Data Officer is continually evolving ,” Levent explains . “ When the role was first created , the CDO used to also cover data security and cybersecurity . As industries and companies have realised the importance of data , the CDO ’ s role has been pruned back a little and the Chief Information Security Officer role has been introduced .
“ Because sustainability data cuts across all lines of business , it ’ s naturally going to be the role of the CDO to build an ESG data strategy in order to be able to deliver against the requirements of the various sustainability teams .”
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