As epic heatwaves, wildfires, and warming oceans once again ravaged the planet this summer, organizations are looking more closely at the potential negative impact of their businesses on the climate crisis.
And for many, the biggest hurdle continues to be determining where to begin. This was brought home in ourΒ recent global survey, where of the 1,000 technology leaders who responded, 40% said they lack any kind of sustainability strategy or implementation plan.
For those who have yet to take an introspective sustainability look, itβs important to realize that governments, and industry itself, are not waiting. In January, the European Union enacted its Corporate Sustainability Reporting Directive (CSRD) that requires all large companies to begin in 2024 disclosing information on the βrisks and opportunities arising from social and environmental issues, and on the impact of their activities on people and the environment.β In the U.S. the Securities and Exchange Commission continues to consider new environmental, social, and governance (ESG) rules that wouldΒ require all publicly tradedΒ companies to disclose βclimate-related risksβ to help investors managing βtens of trillions of dollars in assetsβ make more informed decisions.
On the corporate end, sustainability is seeping into more facets of business. Our company, for example, like many others, has built ESG language into the requests for proposals (RFP) that we send to partners. Likewise, we are being asked with increasing frequency to share our own ESG positions with clients and partners. As our CEO, Gajen Kandiah, wrote on Earth Day, it is simplyΒ the new way of doing business.
Helping You Get Started
So, again, the question for many becomes, where to begin? Weβve worked and partnered with so many great enterprises over the years that we have a good understanding of potential carbon hotspots and opportunities for reduction. We leveraged this expertise to create what we believe is a clear four-pronged approach to helping organizations get a foothold on saving energy, reducing emissions, and improving efficiencies; itβs an approach that is practical and pragmatic and will aid their business, as well as the planet.
We call them our new Decarbonization Services & Solutions and at the heart of the effort is the belief that sustainability is not a one-and-done proposition. As Gajen also stated in his story,Β sustainability is not a trend. We set out to craft an approach that enabled customers and partners to achieve their sustainability targets and then continuously maintain and improve them over time.
The solutions and services center on distinct areas of business β areas in which companies can make quick, dramatic, and lasting impact: IT, manufacturing, facilities management, and analytics.
- With ourΒ Green ITΒ services, we help organizations take a holistic approach to decarbonizing their data center operations by identifying opportunities across application energy efficiency, IT asset energy efficiency, energy supply and equipment, scope 3 cloud emissions, IT architecture andΒ better data stewardship.
- With ourΒ Manufacturing DecarbonizationΒ services, we provide a suite of solutions to help customers realize smart, sustainable manufacturing. The suite includes solutions for Energy Transition & Electrification; Intelligent, Transparent Supply Chain; Sustainable Product Design; and last but not least, Compliance and Reporting.
- Facilities DecarbonizationΒ provides the consulting services and technology to help customers understand, manage, andΒ successfully invest in the solutions needed to optimize the energyΒ usage and reduce carbonΒ emissions across their facilities andΒ buildings.β
- OurΒ Data and Analytics SustainabilityΒ solutions provide the means to discover, catalogue, analyze, and report with confidence. As compliance gains teeth across the globe, our analytics and reporting capabilities deliver the software tools to manage a sustainable business.
- Finally, we provideΒ Sustainability InnovationΒ via co-creation with our customers. Recognizing the need for novel solutions to emerging challenges, we partner with organizations to create sustainability solutions they need, leveraging our own expertise and innovations.
In our opinion,Β whereΒ an organization begins their sustainability journey is not as important as simplyΒ startingΒ the journey. With these new environmental-focused offerings, weβre working to illuminate tangible options that can accelerate positive outcomes. From a sustainability standpoint, we are all part of the same global transformation, and all with a shared responsibility to adopt sustainable business practices. When we work together, itβll be good for business and the planet.
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