Driving ESG Readiness: Avery Dennison CIO Nick Colisto Shares Smart First Steps
CIO, December 21st, 2022
As the SEC and other regulators move to enact rules that require disclosure of emissions data, many CIOs are wondering where to start. Nick has some ideas.
For years, ESG has been little more than a sub-bullet or appendix slide in most CIOs' strategy decks. But changing consumer sensibilities and heightened investor scrutiny have swept ESG, and technology's role in it, to the top of the agenda. Corporate strategies hinge on it.
ESG is new territory for many technology leaders and getting up to speed quickly is essential. In a recent survey conducted by Lenovo, 45% of respondents said the CIO should play a critical role in executing the enterprise's ESG mission. While the scope of ESG is of course much broader than environmental sustainability, the need for speed here is particularly heightened as the SEC moves to enact rules that will require publicly traded companies to disclose their emissions data as early as 2024. For many CIOs today, the first question often is: Where do I start?