GUEST RESEARCH: Tata Consultancy Services (TCS) has launched its inaugural The Digital Sustainability Index (DSI). The first Asia-Pacific framework and index has been developed in partnership with The Centre of Digital Enterprise (CODE) at the University of Auckland Business School to track the adoption and leverage of digital technologies by enterprises along with their social and environmental objectives. It also evaluates and uncovers the factors critical to the pursuit of sustainable digital solutions across social, environmental, and financial outcomes.
This index aims to map, measure, and understand how sustainability goes beyond compliance or risk-based exercises, identifying the need to fuse sustainability with digital and business strategy to create a future-fit business. It also unpacks the different approaches and attitudes to Digital Sustainability across sectors, industries, and geographies.
Some key findings of the Digital Sustainability Index include:
Spend, Inhibitions and influencers
The top three sustainability goals for the Australian C-suite included: (PAGE 18 OF THE REPORT)
“The ‘Digital Sustainability Index’ is the first of its kind in the world. Co-created by TCS and The University of Auckland, we aim to start meaningful conversations on the convergence of digital transformation and sustainability for future-fit businesses as well as our people and planet. At TCS, we believe together we can take the giant strides needed to envision new paradigms that will build a better world for future generations through the power of digital sustainability.”
Girish Ramachandran, President, TCS Asia Pacific
“Never has the impact of technology on the community and sustainable innovation been more relevant and more necessary. The Centre of Digital Enterprise at the University of Auckland Business School is committed to developing tools and frameworks that harness the power of technology to address sustainability challenges.”
Ilan Oshri, Director, Centre of Digital Enterprise, University of Auckland Business School, New Zealand
About the survey:
Based on the framework developed, TCS surveyed business leaders across the Asia Pacific to ascertain their Digital Sustainability readiness. The survey responses were used to create a world-first Digital Sustainability Index (DSI) to assess how advanced a company is in deploying digital resources to achieve its sustainability goals.
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