October 23, 2023
In 2025, CIOs will take on the role of Climate Impact Officers, driving sustainability. Circular IT Group supports CIOs with circular IT solutions.
In 2025, most large companies will need to implement new corporate sustainability reporting requirements for the fiscal year 2024. Chief Information Officers (CIOs) play a important role in making ESG (Environmental, Social, Governance) initiatives tangible. CIOs must take on the role of Climate Impact Officers.
The era of using tree planting as a simple sustainability measure is over. Digital innovation can either drive sustainability by reducing the environmental footprint or hinder it by increasing the footprint.
The terminology “Scopes 1, 2 and 3 emissions” is a chessboard for CIOs. Scope 1 covers emissions from sources that an organisation owns or controls directly, for example, the carbon footprint in the life cycle of laptops, servers, and networks. By ensuring the energy used to power buildings, data centres, and public cloud is from renewable sources, a CIO covers scope 2.
The Champions League for Climate Impact Officers is scope 3: emissions not produced by a company itself and are not the result of activities from assets owned or controlled by them, but by those that it’s indirectly responsible for up and down its value chain. The World Economic Forum (WEF) estimates that IoT in precision agriculture can increase crop yields by up to 70% and reduce water consumption by up to 90%. IoT-enabled infrastructure, including intelligent lighting, waste management, and transportation systems, enhances efficiency, improves public services, and promotes sustainability.
The list for “Tech for Good” goes on and on. IoT and AI solutions in the energy sector can reduce energy consumption by up to 30%. Real-time tracking and monitoring of goods enable enhanced inventory management and logistics optimisation, leading to cost savings and reduced environmental footprint by up to 40%.
The CIO is dead; long live the CIO as Climate Impact Officer! The Circular IT group is dedicated to supporting CIOs to address the circularity of their IT hardware assets. We have your back in addressing the low-hanging fruit to show and prove that you are genuine in sustainability.
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