Sustainability understood as a three-dimensional ESG model (environment, social, governance) is one of the greatest challenges of our time. Our study provides a picture of the status quo of ESG integration in the three TMT sectors and identifies key areas of action that TMT companies are confronted with.
The products and services of the technology industry are an integral part of our everyday lives and require high-performance telecommunications networks. Media are relevant for the functioning of our social system by serving the information needs of the knowledge society. TMT companies therefore have great social significance. They should rethink their business practices in terms of sustainability, not only because of regulations, but also because of their social responsibility and pioneering role.
According to forecasts, the world's data centres could be responsible for 4.5 percent of global energy consumption by 2025.1 This would mean a doubling within eight years. The United Nations also expects that almost 75 million tonnes of electronic waste will be produced by 2030, which would represent an increase of around 25 percent compared to current levels.2 These examples show that the TM sectors also contribute to environmental and climate damage.
What is the sustainability situation at German TMT companies? What measures have already been taken? Where are the
Content
These 4 chapters will give you an insight into the TMT division as a whole.
Executive Summary | Sustainability Activities | Steering & Governance | Reporting & Regulatorik
Download industry reports
In order to paint a clearer picture for the sectors, we have published three separate reports in which the survey results are analysed in detail per sub-sector and enriched with recommendations for action. The reports can be read individually, but also side by side to recognise similarities and differences between the three TMT sectors.
We wish all readers an interesting read.
Your contacts
Katja Modder
Partner, Head of Technology, Media & Telecommunications (TMT)
KPMG AG Wirtschaftsprüfungsgesellschaft
Marc Ennemann
Partner, Performance & Strategy, Enterprise Performance
KPMG AG Wirtschaftsprüfungsgesellschaft
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