ESG
“ What we want to achieve is datadriven sustainability transformation in addition to ESG disclosures ”
LEVENT ERGIN GLOBAL CHIEF STRATEGIST FOR ESG SUSTAINABILITY AND GLOBAL HEAD OF ESG STRATEGIC ALLIANCE PARTNERSHIPS , INFORMATICA
like geospatial satellite remote sensing data to be able to measure the actual emissions from space ,” Levent says .
“ The actual emissions are sometimes three times higher than reported because spend-based calculations or estimations are being used . So this is where the industry in itself is maturing in their methodologies to be able to leverage the latest innovations and technologies that become available to get more accurate proxy data .”
This is not the only issue facing CDOs trying to use data for sustainability .
Deloitte ’ s “ 2023 CXO Sustainability Report ” found that nearly a quarter of responding CXOs said the difficulty of measuring their organisations ’ environmental impact was a top barrier to driving sustainability efforts , and nearly one-fifth cited cost and focus on near-term issues as barriers .
76 July 2024