As organisations around the world commit to UN Sustainability Development Goals (SDGs), IT leaders have a significant role to play in delivering on them; the IT industry alone uses 3.6% of the world’s electricity and produces 1.4% of overall greenhouse gas emissions (1).
In addition to aligning themselves to the Board’s own sustainability ambitions, at the bare minimum, CIOs need to keep up with (and meet) the latest environmental regulations, ensure they are operating as efficiently as possible and work to reduce power consumption. A list of areas to consider is below.
Beyond that, they should also ideally be leading ‘sustainable innovation’, exploring and proposing ways that the company can pursue growth and competitive advantage because of (rather than despite) sustainable and environmentally-aware products and services.
At Coeus, we have embedded sustainability across everything we do for clients, so that they can be sure that the appropriate considerations have been taken. Helping clients pick the right products, providers and ensuring the right technology principles are in place are key.
For example, when it comes to IT sourcing, making sure that clients do not lock themselves into deals with suppliers that do not support sustainability when there are regulations being continually introduced. Similarly, we are committed to helping them identify opportunities to improve.
Our consultants strive to ensure that sustainability is embedded in any project we undertake, alongside offering stand-alone advice on sustainability initiatives.
See below some examples of how we can help clients with IT sustainability:
|• Enabling clients to transition from linear operating models to circular ones utilizing reduce, reuse, recycle approach
|Data & Analytics
|• Assessment of sustainable data storage options
• Identification of relevant data points and analysis to be used in decision making around sustainability impact, carbon footprint etc
|• Enabling clients to minimize waste creation and negative environmental impact through sustainable procurement practices
• Collaboration across the whole value chain incl. supplier take-back agreements
|• Enabling clients to understand full commercial impact of considered sustainability initiatives incl. initial investment case as well as operational impact
|• CSR tends to be a strategic capability and ensuring sustainability is included will give this initiative the right positioning in an organization
• Identification and development of new sustainable business models incl. those based on sharing economy
|Technology & Architecture
|• Allowing clients to understand the environmental footprint of transition to and operations on Cloud
• Better understanding of technology needs for each sustainability initiative considered
|• Enabling clients to speed up their sustainable transformation and hit the Government regulations
|Services Integration & Operational Excellence
|• Enable clients to identify operational efficiencies that in turn allow them to minimise the resources processed, CO2 emissions etc
|Mergers, Acquisitions & Divestments
|• Enabling clients to look for sustainability efficiencies when undergoing M&A activity
Read our CIO & IT Leadership Survey 2022 on IT Sustainability here