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EDM Council welcomes CDAO Services as its newest member

CDAO Services is a consulting firm, offering organisations a flexible and accelerated approach to generate business value faster and face today’s most complex and strategic challenges.

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EDM Council in CDO Magazine – ESG Is About the Whole Ecosystem

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Eric Bigelsen, Global Head of Industry Engagement and Senior Advisor for ESG, EDM Council, speaks with Robert Lutton, Vice President, Sandhill Consultants, about the role of ESG (Environmental, Social, and Governance) in making sustainability-focused decisions and the talent required for it.

According to Bigelsen, companies today have recognized that ESG is important for their business, their organization, and the industry. “Some companies are really adopting ESG or sustainable culture and it’s not entirely about what the regulators want. There are many other stakeholders that are part of the ecosystem as well — the investors, the asset owners, customers, and employees,” he says.

He mentions that companies that have developed sustainable cultures and want to do things that are good and positive for the environment tend to develop very good governance structures for their business.

Regarding the role of governments in enacting ESG standards, Bigelsen says that while there are organizations like the International Sustainability Standards Board and the new European Sustainable Standard Board, governments also have significant initiatives around ESG to make sure that their respective countries and companies are in line. Most countries across Europe (including the U.K.), as well as Hong Kong Special Administrative Region of the People’s Republic of China, the Republic of Singapore, Canada, and the United States, are driving toward more transparency.

Bigelsen also mentions that companies, too, are stepping away from simply greenwashing, and are doing their part to achieve the net-zero requirements by 2050.

Speaking on the talent side of ESG and the need for a sustainability-specific workforce, he says that while there are professionals in the field, there is an inadequate number of them to meet the current demand across organizations.

“There are going to be opportunities for folks on the technical side from a measurement standpoint, but then there are going to be a lot of people involved with data management, data governance. They could be involved with audit and assurance to make sure that when data is collected, that data is high quality and it’s gone through some degree of audit missions,” he adds.

He also adds that while COVID has made things virtual, it has also increased the awareness around sustainability and the environmental impact of our actions.

“This is raising the bar at a very interesting time when, in fact, many are focused on the climate-related issues associated with ESG on the environmental side. There’s definitely a lot more to be said about public health, sharing of information. Information is much more fluid and people can make better decisions. It has really affected us in many profound ways,” he concludes.

Fortanix joins EDM Council as its newest member

Fortanix is a data-first multi-cloud security company and a pioneer in Confidential Computing. They helps businesses of all sizes to modernize their data security solutions on-premises, in the cloud and everywhere in-between.

For more information: click here

TMX Group joins EDM Council as its newest member

TMX Group is a Canadian financial services company that operates equities, fixed income, derivatives, and energy markets exchanges.The company provides services encompassing listings, trading, clearing, settling and depository facilities, information services as well as technology services for the international financial community.

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TMX Group joins EDM Council as its newest member

TMX Group is a Canadian financial services company that operates equities, fixed income, derivatives, and energy markets exchanges.The company provides services encompassing listings, trading, clearing, settling and depository facilities, information services as well as technology services for the international financial community.

For more information: click here

EDM Council welcomes Mahidol University as its newest member

Mahidol University is an autonomous research institution in Thailand, with its origin in the establishment of Siriraj Hospital in 1888. In terms of fiscal budget and portion of budget spent on research programs, the university receives the highest budget of any public university in Thailand: $430 million in 2019.

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EDM Council welcomes Shanghai Lingsan Technologies, Ltd as its newest member

Shanghai Lingsan Technologies, Ltd offers artificial intelligence development services. The Company develops and provides artificial intelligence intelligent customer service robots, electronic commerce full scenario solutions, intelligent advertising systems, cognitive intelligence solutions, and others. These services are provided throughout China.

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EDM Council welcomes ECB as its newest member

ECB is the prime component of the Eurosystem and the European System of Central Banks as well as one of seven institutions of the European Union. It is one of the world’s most important central banks.

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Aviva plc joins EDM Council as its newest member

Aviva plc is a British multinational insurance company headquartered in London, England. It has about 18 million customers across its core markets of the United Kingdom, Ireland and Canada. In the United Kingdom, Aviva is the largest general insurer and a leading life and pensions provider.

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EDM Council welcomes Albertsons Companies as its new member

Albertsons Companies is one of the largest food and drug retailers in the United States, with over 2,200 stores in 34 states and the District of Columbia. Their well-known banners include Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets, and Balducci’s Food Lovers Market.

For more information: click here