The world of business is witnessing a seismic shift: what was once a “nice-to-have” – the Environmental, Social, and Governance (ESG) initiatives – has now become crucial to business strategy. According to a global survey of 453 IT leaders, it’s not just on the radar; it’s the whole GPS route!
While 61% of companies have already embraced ESG as part of their business strategy, fully 90% have plans to do so.
Regulations like Germany’s Supply Chain Act and the looming SEC rules in the U.S. aren’t just forcing companies to dot their compliance i’s and cross their sustainability t’s. They’re pushing for a technological revolution, nudging firms toward automation.
However, for many of these companies, ESG is also about transforming the way businesses run. Digitizing supply chain documents slashes paper usage and turbocharges workflow efficiency. For these companies, ESG is not only about following the rules but also about reaping substantial benefits – fewer errors, smoother processes, and crystal-clear forecasts.
So, in this ever-evolving landscape, embracing ESG practices isn’t just about ticking boxes; it’s about gearing up for a future where sustainability isn’t just a goal, but a game-changer for business success!
Read this IDC research into how companies in your industry are benefitting from their ESG and sustainability efforts.
Please CLICK HERE to download the white paper.
