For the Chief Data Officer there’s a lot open to interpretation when it comes to their environmental, social and corporate governance obligations and objectives.
Here are 7 areas that are key to successful ESG strategy and practice:
1. ESG needs to 'live’ in business structures and data cultures
2. The ESG challenge for the CDO isn’t so much environmental – it’s the data and processes behind it that are the real challenge
3. ‘Greenwashing’ is a thing and it’s detrimental to your organization’s reputation – transparent reporting protects against it
4. ESG reporting is evolving all the time so current frameworks and strategies will need to evolve too
5. In the absence of industry standards, internal standards are key
6. It’s important to be innovative – the right software helps you meet requirements and create scalable solutions
7. A data blueprint can show you how your data flows around your organization and give you transparency on its context and the people and processes that impact it
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