There’s a lot open to interpretation when it comes to environmental, social and corporate governance obligations and objectives.
With growing complexities and obligations around ESG and a lack of standardization, what are the key areas businesses – especially Chief Data Officers – need to look at to build a successful ESG strategy?
Discussion points:
• The ESG challenge isn’t just environmental and isn’t just about compliance – people strategies and robust governance need attention too
• Marshalling the data and processes behind ESG reporting are a real challenge – how to tie it all together
• ESG commitments without a plan are not going to get you to where you need to go – tracking the multiple projects and governance forums is key
• ‘Greenwashing’ is a thing and it’s detrimental to your organization’s reputation – traceable data and transparent reporting protects against it
• ESG reporting and commitments are evolving all the time so frameworks and strategies will need to evolve too
• In the absence of a single industry standard, mapping data and outcomes to internal standards is key
• It’s important to be innovative – the right software helps you meet requirements and create scalable solutions