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The recent COP28 Summit has bolstered my sense of collective action.
The creative solutions we need are already here
But these words must turn into meaningful action.
Until then, humanity desperately needs creative, ambitious, and systemic action to tackle the crisis.
This is where technology can play a key role.
Failure to act responsibly risks losing the trust of stakeholders and regulators.
Proactive leadership can spur innovation, reinforcesociallicenses to operate, attract top talent, and unlock efficiencies.
Technology leaders must view this complexity as an opportunity for differentiation.
Moreover, the challenge of relevant ESG disclosures underscores the need for global alignment on reporting standards.
While international bodies may eventually coordinate standards, the tech sector need not wait.
Technology firms are best positioned to understand appropriate metrics and data collection mechanisms for the sector.
SharedIT infrastructureanddatapools could ease adoption burdens for smaller firms.
Establishing aligned ESG reporting is only the first step.
Standards must translate into action.
Once consistent transparency and accountability mechanisms are in place, firms can be compelled to improve continually.
Failures to meet centralized expectations can be exposed, penalized, and deterred.
Enhancing standardized KPIs will also progressively expand the scope and rigor expected of tech-led sustainability initiatives.
We’ve listed the best productivity tool.
The views expressed here are those of the author and are not necessarily those of TechRadarPro or Future plc.
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