How ERP Is Breaking Down Silos And Driving Sustainable Change
IBM News, Thursday, April 27,2023
While many organizations have established environmental, social and governance (ESG) goals and made ESG commitments, driven by purpose and emerging regulatory requirements, they face several challenges when making the transition from ambition to action.
A recent IBM study found that global executives cite inadequate data (41%) as the biggest obstacle to their ESG progress, followed by regulatory barriers (39%), inconsistent standards (37%) and inadequate skills (36%). The impacts of data challenges are becoming visible to company stakeholders, with consumers making purchasing - and even employment - decisions based on a company's progress toward their ESG goals.