As we celebrate Earth Day this year, we must not only meet but also work toward exceeding the growing expectations to actively report on carbon emissions in our industry. Although public reporting metrics are a critical step, businesses must also reflect on how best to minimise their carbon output. Leaders must arm themselves with effective data management tools that help them accurately track emissions and sustainability targets. Ensuring that data is meaningfully saved and processed to maximise their ability to generate insights on sustainability will help pave a more conscious and effective blueprint for sustainability success.
Across the Asia Pacific region, sustainability is increasingly becoming a front-of-mind topic. With data stored in the cloud growing at an exponential rate, businesses at every level are feeling the heat as scrutiny around carbon emissions increases. Almost 60% of CEOs admit that they feel increasing stress to be more transparent about their corporate carbon footprint to meet stakeholder satisfaction.
The new Singapore Emission Factors Registry is a step in the right direction, applying pressure on companies to report their greenhouse gas emissions transparently and accurately. But this register alone is not enough to encourage proactive change in our industry. Industry leaders must become more self-aware and equip their organisations with the right tools to meet ambitious goals that properly reflect the sustainability values of their customer base.
