Intelligent CIO Europe Issue 90 | Page 39

FEATURE: SUSTAINABILITY must stay ahead of regulatory requirements to avoid penalties from non-compliance.
But compliance is just one reason why sustainable IT must be a priority. CEOs and the board are recognising that achieving net-zero is essential for staying competitive in a digital world. The financial incentives for strong ESG performance are significant. Companies implementing robust sustainability operations outperform competitors on EBITDA and profitability.
Not only that, but there are also increasing external factors backing up why ESG should be a strategic priority. Almost two-thirds of institutional investors say ESG criteria now influence their decision-making, while 36 % of B2B buyers say they would ditch suppliers who don’ t meet their sustainability expectations. Building a sustainable workforce also requires commitment to ESG since 70 % of Gen Z and Millennials place importance on evaluating a company’ s environmental credentials when looking for a new job.

TECHNOLOGY IS A LEADING CONTRIBUTOR TO SCOPE 3 EMISSIONS,

ALONGSIDE SCOPE 2 AND SO BUSINESSES MUST STAY

AHEAD OF REGULATORY REQUIREMENTS TO

AVOID PENALTIES FROM NON-COMPLIANCE.

The roadmap to sustainable IT
Being more sustainable is non-negotiable – but what does this mean in practice? Driving a sustainable IT
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