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Turning Data into Social Value for Sustainable and Responsible Retail

Publisher IDC
Published Mar 15, 2023
Length 5 Pages
SKU # IDC17809754

Description

Turning Data into Social Value for Sustainable and Responsible Retail

This IDC Perspective highlights the importance of sustainability and social responsibility for retailers and the role of data in achieving environmental, social, and governance (ESG) goals. It shows that digital transformation and better use of data through data analytics increase efficiencies and contribute to more sustainable and socially responsible operations. "Sustainability and social responsibility rhyme with operational efficiency and should be considered as a long-term investment. Making retail operations sustainable often involves significant organizational transformation. Fortunately, retailers can leverage data and technology to turn their efforts into measurable impact," said Filippo Battaini, research manager, IDC Retail Insights.

Please Note: Extended description available upon request.

Table of Contents

5 Pages
Executive Snapshot
Situation Overview
Retailers Are Becoming More Conscious of ESG Aspects
What Gets Measured Gets Managed
Two ESG Risks: Greenwashing and Ignoring Social Aspects
Advice for the Technology Buyer
Learn More
Related Research
Synopsis

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