IANS | 15 May, 2024
About 68 per cent of organisations in India rely on technology to
drive sustainability success, fueled by customer demand, a new report
said on Tuesday.
According to the report by IT infrastructure services provider
Kyndryl, in collaboration with Microsoft, about 56 per cent of Indian
organisations leverage digital tools for hybrid work strategies, and 55
per cent use artificial intelligence (AI) and automation to improve
efficiency, reduce environmental footprint and build sustainable
operations.
"Visionary companies are harnessing technology to meet
regulatory standards and to pursue sustainability objectives
effectively. They are leveraging technology to fulfil customer
expectations, reduce expenses, and innovate, thereby unlocking the full
potential of sustainability," said Faith Taylor, Chief Sustainability
and ESG Officer, Kyndryl.
The report surveyed 1,523 technology and sustainability business leaders across 16 countries in Asia, EMEA, and the US.
Moreover,
the report noted that customers emerged as the most influential
stakeholders advocating for sustainability (60 per cent), followed by
employees (52 per cent) and supply chain partners (40 per cent).
Around
28 per cent of organisations use AI to identify scope three risks using
public sources, indicating a need for growing awareness of the broader
environmental impact beyond direct operations.
"India aims to
reduce the carbon intensity of an economy by 45 per cent by 2030 -- this
will require collective action from governments, industries,
enterprises, and individuals," said Ullrich Loeffler, Co-Founder &
CEO of Ecosystm.