Create Your Own Journey
The challenge for many manufacturers is to monitor and track their sustainability performance, be it carbon emissions, energy mix, waste management, or supply chain compliance. They need to look at the entire business life cycle to find strategic ways to address sustainability in their operations and through the products and services they offer that are enabled by technology.
In addition to the specific remit of the chief sustainability officer (CSO), there are several internal stakeholders that drive or influence the sustainability agenda. Comprehensive sustainability requires close collaboration between stakeholders, including technologists such as the chief digital officer (CDO) in charge of driving transformation and innovation and the chief information officer (CIO) responsible for digital infrastructure, the chief financial officer (CFO) responsible for budgeting, the chief procurement officer (CPO), chief supply chain officer (CSCO), and chief operating officer (COO).
To implement sustainability strategies, manufacturers first need to align the business priorities and objectives of the internal stakeholders before embarking on the following three-step journey:
- In the early stage, they need to understand what their sustainability goals are and how these goals relate to their overall business strategy.
- They must then find the right technology solution, while considering the right infrastructure, such as scalability, connectivity, openness, and security.
- Next, they need to review their digital transformation strategic road map to understand how current and planned solutions can help them achieve sustainable growth.