Intelligent CIO North America Issue 48 | Page 69

INTELLIGENT BRANDS // Green Technology

Sustainability a top focus for tech investment

Logicalis 2024 CIO Report says majority of global CIOs are investing in environmental initiatives and technologies .

Logicalis , a leading global technology service provider , reveals sustainability is a key priority for tech leaders in 2024 . According to its tenth annual CIO Report , which surveyed over 1,000 CIOs globally , almost all ( 92 %) CIOs are investing in sustainability initiatives or technologies this year .

In the face of global economic uncertainty , the commitment to the green agenda among CIOs stands resolute with CIOs at the heart of their organisation ' s sustainability strategy .
Ninety-six per cent of tech leaders said they are already involved in their company ’ s overall sustainability planning and target setting and 93 % said they believe IT is core to successfully delivering on their organisation ' s environmental objectives .
An overwhelming 90 % also said they assess the sustainability credentials of new suppliers before working with them .
Sustainability continues to be recognised as a necessary investment by businesses as it not only benefits the environment but also reduces energy consumption and operational costs .
However , there are still stumbling blocks to overcome . Most ( 93 %) see challenges in attaining their environmental goals , with 43 % stating that collecting data distributed across the organisation is a challenge .
A similar number are shown in the stats as not completely confident that their organisation knows how its digital estate is performing against environmental goals .
Bob Bailkoski , CEO , Logicalis , said : “ Investing in sustainability is not only the right thing to do , it ' s 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 .
“ 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 .”
Toby Alcock , Chief Technology Officer , Logicalis , said : “ CIOs globally continue to face pressure when it comes to prioritising innovation , balancing costs and decreasing carbon output but these priorities don ’ t have to compete .
“ With access to good data , CIOs should be able to see where to find short and long-term gains , both environmentally and financially . What ’ s more , they are well-positioned to attract new customers who are looking to allocate their business to more sustainable suppliers .
“ The fact that IT is now involved in sustainability at a strategic level should ensure that any initiatives have the right infrastructure and support to succeed .” p
www . intelligentcio . com INTELLIGENTCIO NORTH AMERICA 69