Sustainability Playbook for the Tech Industry

The report gives a Sustainability Pathway which is a practical framework that a Tech company can use as a guide to systemically drive decarbonization, energy-efficiency, water conservation, and waste management practices in its operational footprint. It also has a playbook which provides recommendatory suggestions. The pathway has a four-stage journey and highlights what organizations’ key priorities across the four dimensions of Leadership, Integration, Measurement and Communication.

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Key Findings

Sustainability Trigger - The C-Suite sets the sustainability agenda and the top management commitment is amplified with visible actions.
Materiality & Quick Wins - Identify the sustainability themes that matter to stakeholders, and then execute simple, impactful initiatives.
Level Setting - Assess the current state of sustainability, often administered by a third party via a self-assessment questionnaire.
Early Experience - Strong communication to convey the company’s strong intent as it starts its journey.

Sustainability Commit - The company's leaders need to commit to financial and people resources.
Embed in Organization - Do a deep dive to identify levers that can be used to drive impactful initiatives towards sustainability.
Sustainability Fact Sheet - Goal should be to externally publish a fact sheet on sustainability activities (with quantitative data).
Successes & Learnings - Communicate extensively with key stakeholder on the overall sustainability experience.

Sustainability Flourish - Clear governance structure on sustainability with a board-level ESG Committee.
Influence Value Chain - Focus on Scope 3 emissions and the upstream value chain (suppliers).
Sustainability Disclosures - Work towards publishing their Sustainability Disclosures
Commitments & Targets – Communicate targets and commitments on sustainability to stakeholders.

Sustainability Stewardship - Display sustainability stewardship with the intent to influence extended networks/ecosystems to accelerate positive change.
Influence Ecosystems - Exhibits sustainability thought leadership.
Sustainability Ratings - Aspire to be recognized and ranked in the top percentile in the ESG/Sustainability ratings
Influence & Recognition - Corporate communication should consistently showcase path-breaking initiatives and innovation in sustainability

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