Environmental, social, and corporate governance is an approach to evaluating the extent to which a corporation works on behalf of social goals that go beyond the role of a corporation to maximize profits on behalf of the corporation's shareholders.
In recent years, climate change has elevated the visibility of ESG initiatives. While the Board has traditionally had oversight over ESG, increasingly we are seeing the CFO take on the role of manager reporting to the Board.
But what about the CIO? IT systems which support many business processes themselves consume energy and generate waste, thereby contributing to carbon emissions. What can the CIO do to drive the organisation’s ESG initiative?
With us to talk about this is Jay Tuseth, vice president, Oracle Applications, ASEAN.
1) What are the three major factors or megatrends driving the increased focus on sustainability across key markets in Asia Pacific?
2) What do you think will be the key driver behind enterprise sustainability efforts in the near to medium term?
a. Do you anticipate the pandemic to have a significant impact on these efforts?
3) What are the top three technologies in use today that can enhance the effectiveness or success of ESG initiatives?
4) With sustainability and digital transformation at the top of the business agenda in 2022, what can organisations across Asia Pacific do to maximise the potential of data at their disposal?
5) How should the CIO work with the sustainability officer or in some cases the CFO around the use and protection of data in pursuit of sustainability and social goals?
6) What is your advice to CIOs as to how they can support an organisation’s sustainability and social goals?