Sandeep Chandna , CSO at Tech Mahindra , discusses how generative AI simplifies ESG reporting and aligns with evolving sustainability standards
TECHNOLOGY
TECH MAHINDRA ’ S VISION :
USING
AI
Sandeep Chandna , CSO at Tech Mahindra , discusses how generative AI simplifies ESG reporting and aligns with evolving sustainability standards
TO FAST-TRACK CLIMATE GOALS
Indian information technology services and consulting company Tech Mahindra has put sustainability at the heart of the business , with efforts to pursue ‘ purpose beyond profits ’ by embedding ESG principles into its core strategy .
Aiming to achieve carbon neutrality by 2030 and net zero by 2035 , Tech Mahindra has made an ambitious target to increase renewable energy in its energy mix by 50 % by 2025 and 90 % by 2030 . Additionally , the business has committed to SBTi net zero targets and is in the process of a target review and approval . The goal sits at 2 ° C SBTi approved targets of reducing 22 % GHG emissions by 2030 and 50 % by 2050 .
With Sandeep Chandna , Chief Sustainability Officer at Tech Mahindra , we discover how digital technologies – including AI – are impacting the ESG landscape .
Revolutionalising digital transformation Digital transformation plays a major role in improving sustainability efforts across a wide range of industries – sustainable supply chains are just one example . Digital technologies such as blockchain and digital twin are being used to track the environmental and social impact of products throughout their supply chains . This information is used to make more sustainable sourcing and procurement decisions . Technologies like IoT based solutions – smart sensors find extensive applications in resource optimisation such as waste management , water management and especially energy management . By optimising resources , these efforts lead to more sustainable operations and emission reductions averaging 25-30 %.
“ Advanced AI technologies are finding their way in climate modelling and scenario analysis to improve the recommendations and insights available for sustainability efforts ,” Chandna says .
“ By implementing sustainable supply chains and other sustainable practices like cloud computing and IoT and smart sensors ,
142 November 2023