Mehjabeen Taj, CDIO of Raychem RPG talks on the significance of sustainability reports in an organization and how they can be made more accurate with AI and data analytics.
Credit: IDG
An organization’s success is often measured from its revenue, and the ensuing bottom line, but organizations today are gauged on multiple parameters to assess that their success and production does not come at the expense of the environment and that processes are keeping sustainability practices at the fore.
The benefits of sustainability reporting extend beyond the perfunctory – it is a tangible proof of an organization’s intent, transparently communicated to stakeholders, general public and possible personnel. A KPMG report states that the rate of reporting among the top 250 companies of the world is at 96 percent. Closer home, 69% of Indian businesses said they use sustainability data to inform strategic and operational decisions.
Given that these goals are recent and …