EDITOR ’ S QUESTION

The CIO must serve as an interpreter between regulatory requirements , business logic and IT , especially with the rise of regulations such as the EU ' s Corporate Sustainability Reporting Directive ( CSRD ) and the Sustainable Finance Disclosures Regulation ( SFDR ).

With more and more data being generated , both in breadth and depth , the CIO must understand the intricacies of the real estate business and the requirements of data collection , analysis and presentation of results . This expertise is essential in driving sustainability initiatives across various business functions while ensuring compliance with ESG regulations .

As sustainability data becomes a fundamental business asset , CIOs must work ESG data and tools into their technology roadmaps to achieve compliance , meet internal stakeholder demands and drive strategic planning . A robust ESG data strategy is essential for tracking progress towards sustainability goals , such as achieving net zero emissions .

One illustrative use case for this high-tech approach is tracking real estate energy data . Companies need to digitally capture vast amounts of energy consumption and CO 2 emissions data to meet ESG regulatory compliance requirements and drive proactive decarbonisation strategies for large office buildings .

With more and more data being generated , both in breadth and depth , the CIO must understand the intricacies of the real estate business and the requirements of data collection , analysis and presentation of results .

Furthermore , companies are employing real-time analysis of their real estate data using AI-driven decarbonisation models .

These models provide accurate insights into resource management KPIs and operational carbon emissions , and integrating them into an existing IT estate falls under the CIO ' s remit . Scaling AI to provide ongoing visibility into achieving net zero across a real estate portfolio is also a crucial responsibility for today ' s CIOs .

In conclusion , the CIO ' s role in sustainability has expanded significantly , as they must effectively navigate the complex landscape of data , technology and regulations to drive sustainability initiatives within organisations . By leveraging technology and data , CIOs can support environmental goals while delivering business value and ensuring compliance with emerging ESG regulations . �

With data being captured in intervals as short as 30 minutes to one hour from various sources like utility providers , smart meters and IoT sensors , CIOs must integrate this ESG data into their overall data strategies and ensure their IT infrastructure can accommodate it .

DR JENS HIRSCH , CHIEF SCIENTIFIC OFFICER ,

BUILDINGMINDS

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