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IDC's Global CIO Advisory Board — Making Sustainability Real for the CIO

Publisher IDC
Published Mar 14, 2024
Length 5 Pages
SKU # IDC18629832

Description

IDC's Global CIO Advisory Board — Making Sustainability Real for the CIO


This IDC Perspective summarizes IDC's Global CIO Advisory Board discussion on sustainability strategies, particularly in the age of AI everywhere. Speakers included chief sustainability officer, human rights officer, and head of Digital Inclusion of a major insurance company and Bjoern Stengel, research and practice lead at IDC."Artificial intelligence (AI) has a tremendous potential to accelerate organizations' sustainable transformation journeys and create business value by helping them automate their ESG data collection and increase the accuracy of their reporting, improve operational efficiencies, and anticipate and respond to supply chain risks. However, the use of AI also poses risks that can harm their ESG performance, compliance, and trustworthiness (e.g., if algorithm bias leads to unfair or unethical decision-making). As organizations are implementing artificial intelligence into their operations, they need to be strategic about the sustainability-related use cases that generate the greatest financial and nonfinancial ROI and aware of the industry-specific risks that this technology can pose," says Bjoern Stengel, Global Sustainability research and practice lead, Sustainable Strategies and Technologies, IDC.

Please Note: Extended description available upon request.

Table of Contents

5 Pages
Executive Snapshot
Situation Overview
Making Sustainability Real for the CIO — Case Study from a Major Insurance Company
Technology Impact on Greenhouse Gas Emissions Globally
Sustainability Initiatives — Going Beyond IT
Regulations and Reporting
Reducing Emissions
Sustainable AI and AI for Sustainability
Advice for the Technology Buyer
Learn More
Related Research
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