Coauthored By John Bottega, President, EDM Council
Published on CDOMagazine.tech
In 2024, we are bearing witness to the launch of a plethora of new regulatory requirements in sustainability topics around the world. Several countries are bringing into law a variety of requirements that obligate companies to demonstrate robust due diligence and management of human rights issues within their international supply chains, as well as in other areas such as meeting environmental targets.
The demands are unlikely to wane, and companies will be held to account by a community of their rights holders from employees to customers to shareholders and regulatory bodies. We find ourselves navigating a business environment ill-suited for the faint of heart!
Navigating the road to success requires organizations to prioritize and invest their limited resources wisely, but where should they start?
The growing discourse on artificial intelligence (AI) highlights how business and industry leaders are evaluating ways in which technology might solve a plethora of challenges within supply chains and decarbonization initiatives for sustainable finance, for example.
The topic begs two important questions:
- Are we overlooking the most obvious gap — data?
- Does technology, AI in particular, offer a genuine case for catalytic change or is it over-hyped?