ESG insights

ESG is a consistent priority globally

The tech opportunity within ESG is considerable, and businesses are focusing on tackling their environmental ambitions in innovative ways. For instance by reducing their carbon emissions through more efficient working practices or to measure and report on their carbon emissions more accurately.

As ESG requirements become less about reporting responsibilities and more focused on driving change and value creation within an organization utilizing technology will become even more integral to business success. KPMG’s work in this area highlights the role of technology in helping organizations achieve such a transition.

Tech functions are increasingly contributing toward ESG priorities

Which of the following innovation goals will your tech function primarily contribute towards in the next two years?

Advancing ESG priorities / commitments (including carbon emissions targets)

48%

Enhancing trust through cyber threat detection and management

45%

Reaching new regions / customer demographics

43%

Improving processes across the business

42%

Unlocking more value/insight from data

40%

Improving products and services

40%

Expanding into new industries

32%

Some industries are more committed than others

57% of Industrial Manufacturing want their tech to advance their ESG priorities (versus ave. of 48% across all other sectors)

57%