Almost all CIOs investing in sustainability

Almost all CIOs globally are investing in sustainability this year, according to a new survey from Logicalis.

The survey found that 94% of Australian respondents reported increasing their sustainability investments. The most popular reasons for doing so included regulatory pressures (59%), employee expectations (51%) and customer attraction (46%).

Globally, 96% of CIOs report being already involved in their company’s sustainability planning and target setting, while 93% believe IT is core to delivering on their organisation’s sustainability objectives. But 93% see challenges in attaining their environmental goals.

Meanwhile, nine in 10 respondents said they already assess the sustainability credentials of new suppliers before working with them, underscoring the importance of delivering on sustainability targets.

Logicalis CEO Bob Bailkoski said the findings demonstrate that investing in sustainability has become a commercial imperative for business. “We know that a reduction in carbon and energy consumption also means lower costs, and with regulations on carbon reporting becoming more stringent, prioritising sustainability now will serve CIOs well later,” he said.

“We’re working very closely with our partners to ensure there is carbon accountability on our part in the outcomes we deliver through technology and, through visibility tools like our Digital Fabric Platform, we’re empowering customers themselves to better manage the carbon performance of their IT estate.”

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