Topics In Demand
Notification
New

No notification found.

Sustainability Playbook for the Tech Industry

May 24, 2024 1259 1 ESG & Sustainability nasscom insights

Sustainability Playbook for the Tech Industry

The report gives a Sustainability Pathway which is a practical framework that a Tech company can use as a guide to systemically drive decarbonization, energy-efficiency, water conservation, and waste management practices in its operational footprint. It also has a playbook which provides recommendatory suggestions. The pathway has a four-stage journey and highlights what organizations’ key priorities across the four dimensions of Leadership, Integration, Measurement and Communication.

1259

1

Download

Key Highlights

  • STAGE 1: Getting the Basics Right
     
    • Sustainability Trigger - The C-Suite sets the sustainability agenda and the top management commitment is amplified with visible actions.
    • Materiality & Quick Wins - Identify the sustainability themes that matter to stakeholders, and then execute simple, impactful initiatives.
    • Level Setting - Assess the current state of sustainability, often administered by a third party via a self-assessment questionnaire.
    • Early Experience - Strong communication to convey the company’s strong intent as it starts its journey.

 

  • STAGE 2: Strengthening the Core

 

    • Sustainability Commit - The company's leaders need to commit to financial and people resources.
    • Embed in Organization - Do a deep dive to identify levers that can be used to drive impactful initiatives towards sustainability.
    • Sustainability Fact Sheet- Goal should be to externally publish a fact sheet on sustainability activities (with quantitative data).
    • Successes & Learnings - Communicate extensively with key stakeholder on the overall sustainability experience.

 

  • STAGE 3: Enhancing the Core

 

    • Sustainability Flourish - Clear governance structure on sustainability with a board-level ESG Committee.
    • Influence Value Chain - Focus on Scope 3 emissions and the upstream value chain (suppliers).
    • Sustainability Disclosures - Work towards publishing their Sustainability Disclosures
    • Commitments & Targets–Communicate targets and commitments on sustainability to stakeholders.

 

  • STAGE 4: Beyond the Core

 

    • Sustainability Stewardship - Display sustainability stewardship with the intent to influence extended networks/ecosystems to accelerate positive change.
    • Influence Ecosystems - Exhibits sustainability thought leadership.
    • Sustainability Ratings - Aspire to be recognized and ranked in the top percentile in the ESG/Sustainability ratings
    • Influence & Recognition - Corporate communication should consistently showcase path-breaking initiatives and innovation in sustainability

Community by nasscom Insights is focused on building the largest online community catering to the Indian technology sector. The purpose of the community is to bring the latest trends and discussions onto a single platform. Our passion for tech drives the free-flowing exchange of ideas and visions from industry leaders and game-changers across India.



LATEST REPORTS

© Copyright nasscom. All Rights Reserved.