No Planet B, CIO News, ET CIO study

Almost all business leaders (98% in India) face major hurdles when implementing sustainability and ESG initiatives, a new study from Oracle and Pamela Rucker, CIO Advisor, Instructor has pointed out. for Harvard Professional Development.

The “No Planet B” study surveyed more than 11,000 consumers and business leaders in 15 countries and found that people are fed up with society’s lack of progress on sustainability and social initiatives, want businesses to turn words into action and believe that technology can help businesses succeed where people have failed.

The biggest challenges facing organizations, particularly in India, include obtaining ESG metrics from partners and third parties (35% globally and 51% in India), lack of data (33% world and 39% in India) and time-consuming manual reports. process (32% worldwide and 46% in India).

According to the study, 92% of respondents believe sustainability and ESG programs are critical to the success of their organizations. Executives identified the top three benefits as brand building (40%); increased productivity (39%); and attracting new customers (38%) while in India, 96% believe sustainability and ESG programs are critical to the success of their organizations. Indian executives identified the top three benefits as brand building (52%); increased productivity (53%); and attracting new customers (47%).

Speaking to ETCIO, Kaushik Mitra, Senior Manager, Cloud ERP, Oracle India, said technology, led by CIOs, must play a major role in addressing some of the challenges.

“The CIO’s role in leading digitization, automation and cloud adoption initiatives would play a key role in reducing the carbon footprint of IT. These initiatives lead to the reduction of physical assets, optimization, reuse of resources and streamlining of business processes to have a positive impact on sustainability,” said Mitra.

“Improving supply chain efficiency can definitely impact our sustainability journey,” said Satish Sharma, President, Asia-Pacific, Middle East and Africa, Apollo Tires. “We are trying to build an integrated supply chain and the underlying foundation of that is data which, when strategically integrated using automation and transport management applications on the cloud, will help us to properly optimize the transport of our finished products.Technology helps us to plan demand, availability of trucks, planning of shipments and productions and to better optimize our assets and reduce extra kilometers traveled by our trucks, directly reducing the carbon footprint.In addition, we have embarked on a new approach of greening our tire delivery by using electric vehicles for last mile delivery. application 3 or value chain emissions, which refers to the reduction of carbon emissions emanating from the value chain of any entity é, including its set of upstream and downstream activities.

According to Pamela Rucker, CIO Advisor and Instructor for Harvard Professional Development, “Events of the past two years have put sustainability and social initiatives under the microscope and people are demanding material change. While solving these problems is difficult, businesses have a huge opportunity to change the world for the better. The results show that people are more likely to do business and work for organizations that act responsibly towards our society and the environment. It’s an opportune time. As thinking has evolved, so too has technology, and it can play a key role in overcoming many obstacles that have held back progress.

Aubrey L. Morgan