In this Sustainability Impact Digital Summit Moment, excerpted from the digital event which was held on Jan. 26, Nick Houseman, co-founder, Azzera, which is working on a centralized carbon market spot exchange, explains why business leaders must understand and manage sustainability data collection, as customers are increasingly expecting them to do so.
Highlights
00:11 — Houseman notes that Wayne Sadin, an Acceleration Economy analyst who took part in the digital event, gave a good description of the requirements for sustainability data. He says he finds that a lot of business leaders understand that “there’s an environmental issue” and that something must be done about it, but are unsure of how to proceed.
00:30 — Specifically, the various scopes of emissions go over most business owners’ heads; therefore, it is crucial that they find a way to move forward with the data.
00:45 — Houseman notes that “what we are doing is helping customers understand emissions because if you don’t know what you’re emitting, it’s very difficult to do anything about it in terms of either reduction or offsetting.”
01:19 — As time goes on, the need to act toward sustainability strategies will speed up. Business owners today need to be thinking about environmental issues, not only for everyone else’s benefit but also for their own benefit to gain customers.
To gain more insights on the hows and whys of sustainability’s impact on business processes and profits, view the Acceleration Economy Sustainability Impact Digital Summit, which is now available on-demand. Register for your free streaming pass here.
