Our global study, “No Planet B: How Can Businesses and Technology Help Save the World?” found that people are frustrated with the lack of progress society is making toward environment, social, and governance (ESG) goals. They want businesses to step up and redefine what best looks like when it comes to ESG—and they believe that technology can make more of an impact than human efforts alone.
However, without proper ownership and effective frameworks, the scope of ESG efforts can often feel overwhelming. As a result, many business leaders are left wondering, Where do I even start?
Form an ESG working group that meets quarterly and is comprised of leaders at the highest level across each division of your organization.
Engage employees and customers in authentic conversations about ESG, provide internal and external communications that support your company’s commitment to change, and offer follow-up feedback that shows you have acted.
Start with a year-one plan. Set specific, measurable, and (most importantly) attainable goals and establish benchmarks to track performance.
Make investments to connect, manage, and standardize ESG data across all systems to begin acting on ESG goals.
Take advantage of modern technologies to collect error-free ESG data, reduce time-consuming manual processes, better manage the complexities of analyzing data across global supply chains, and uncover key sustainability insights that can increase your competitive advantage.
Create accountability to help close the gap between intention and results. This also sets the tone for your new identity and approach with customers, employees, and investors.
Oracle’s next-generation cloud infrastructure and built-in AI technologies set you up for ESG success. Discover how you can overcome the challenges and complexities involved to plan and manage your ESG practices.
Jon Chorley, Oracle’s chief sustainability officer, and Pamela Rucker, CIO advisor and instructor for Harvard Professional Development and coauthor of the No Planet B study, provide six tangible steps for business leaders to turn ESG pledges and promises into action.
Pamela Rucker shares why future growth depends on the ESG decisions companies make today.
Find out how AI and individuals can jointly boost your sustainability and social responsibility efforts.
“Oracle makes it easier for us to get an overview of our spend and environmental impact, loads, carrier management, and even how we interact with our logistics providers.”
91% of business leaders are facing major challenges in making progress on ESG initiatives, including the following:
93% of business leaders would trust a bot over a human to make sustainability and social decisions because bots are better at:
69% of survey respondents would leave their current company to work for a brand that takes DEI more seriously. In fact:
Business leaders understand the importance and urgency of environmental and social equity programs. 94% believe sustainability and societal metrics should now be used to inform traditional business metrics, such as:
Get your guide to tracking ESG efforts with intelligent reporting
Learn about Oracle's other sustainability initiatives