target audience: TECH BUYER Publication date: Jan 2023 - Document type: Tech Buyer Presentation - Doc Document number: # AP50052623
IDC FutureScape: Worldwide Sustainability/ESG 2023 Predictions — Asia/Pacific (Excluding Japan) Implications
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Abstract
This IDC Tech Buyer Presentation discusses the top 10 predictions and key drivers for the IT industry in the areas of sustainability and environmental, social, and governance (ESG) for the next five years in Asia/Pacific (excluding Japan) (APEJ). It highlights the midterm and long-term challenges that enterprises will face as they align the IT investment to be more sustainable and with ESG initiatives becoming increasingly part of every senior executive's strategic radar.
"Sustainability is moving from being a 'me-too' add-on to corporate branding to becoming front and center for many large and midsize enterprises in the region. Big pronouncements need to be justified with real data and significant operational investments if CEOs are not to run the risk of damaging their personal credibility with their employees and their corporate reputation with investors, lenders, suppliers, and, of course, customers. The stakes are enormous, and leaders are those who will go ahead of the curve to incorporate sustainability into their larger business strategy," says Dr. Chris Marshall, Vice President, IDC Asia/Pacific.