Harnessing technology for creating sustainable impact
Exploring digital solutions to address ESG challenges
Let’s talk today about a global issue today - CLIMATE!
Fighting climate change means mitigating the physical and environmental risk for a sustainable future.
Modern companies have two levers to achieve this- Data and Technology. For example,
- Connected Devices and sensors to move from post facto ESG reporting to real time reporting that can reflect true market valuations
- Artificial Intelligence can read the patterns of demand and energy consumption and help supply chain optimization
- Machine Learning models can be used to streamline ESG KPI's, and
- GenAI techniques can be leveraged to build various ML models based on different ESG methodologies.
Some of the direct benefits of these tech interventions include:
- Transparency in reporting
- reduced cost of compliance and thereby
- accelerate the net zero timelines
At KPMG in India we believe, tech driven ESG and a responsible AI framework serves as a strategic enabler, seamlessly integrating ESG considerations into core business strategies and processes thereby eliminating the heavy cost of inaction