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Home Application ESG

ESG importance expanding across the enterprise

by FutureIoT Editors
March 28, 2024
Photo by fauxels: https://www.pexels.com/photo/top-view-photo-of-people-near-wooden-table-3183150/

Photo by fauxels: https://www.pexels.com/photo/top-view-photo-of-people-near-wooden-table-3183150/

Gartner predicts that by 2027, 80% of digital workplace (DW) leaders will integrate DW tools with environmental, social and governance (ESG) management and reporting tools, up from less than 5% in 2024.

Stuart Downes

“Environmental sustainability is a growing priority for CEOs and senior business executives, despite tightening economic conditions,” said Stuart Downes, VP Analyst at Gartner. “Today, few DW tools offer data on sustainability, and those that do usually focus on device power consumption which in the DW is only about 15% of emissions.”

Provide solutions that improve business sustainability

Over the next several years, regulatory requirements for ESG reporting will take effect for enterprises in the EU and the U.S. Securities and Exchange Commission (SEC).

“ESG leaders will expect IT to provide digital solutions that improve business sustainability as well as enhanced reporting from IT to meet regulatory requirements, which must be normalised and centralised into ESG management and reporting software,” said Downes.

Decision support and analytics capabilities help to identify opportunities for improvements that advance ESG capabilities, including environmental considerations, such as carbon emissions.

“The number of devices and peripherals per employee will come into focus as organisations seek to optimise carbon emissions,” said Downes. “Organisations should work with tool vendors by prioritising new capabilities to measure and report the sustainability data that ESG leaders require.”

To optimise carbon emissions, DW infrastructure tool vendors should add new environmental sustainability reporting capabilities to their offerings, including unified endpoint management (UEM) tools, desktop as a service (DaaS) tools digital employee experience (DEX) management tools and digital platform conductors. Focusing on environmental sustainability capabilities will help meet energy regulation requirements and reduce costs as device life spans are extended.

Related:  Gartner survey says 91% see VUCA limiting value of supply chain
Tags: decision support analyticsdigital workplaceGartner

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The race to harness the power of Internet of Things (IoT) is here. FutureIoT is dedicated to individuals, as well as public and private organizations looking to tap the potential of IoT to transform the way we live, work and do business. FutureIoT is the dedicated media that provides the single source of truth about IoT, the technology, its application and regulation, originating from Asia. << Read more >>

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