Sustainability and digital responsibility: Victoria Riess in ESG — Zeitschrift für nachhaltige Unternehmensführung

A holistic ESG strategy and transformation is based on responsibility for digital change

ESG transformation is only possible with digitalization that goes beyond IT. Sustainability transformation is therefore supported by digital transformation: Twin Transformation.

Digitalization creates new opportunities, for example to operate in a sustainable, climate-neutral way. Digitalization is an enabler for achieving sustainability goals and responsibility for the digital transformation is also an ESG issue.

1. Digitalization as an enabler for sustainability

In ESG reporting, the digital transformation acts primarily as an enabler or tool for sustainability.

2. Digital responsibility as an ESG topic

The top 10 most important ESG strategy topics include corporate digital responsibility. This includes responsible data, AI and IT security.

3. Responsible Data

Data protection is one of the next important pillars of ESG. We see that data privacy measures have a positive impact on ESG.

4. Responsible AI

Using AI responsibly along ESG lines is becoming an imperative for companies. Responsible AI as an ESG topic is new, but is being demanded by more and more rating agencies.

5. Implementing responsible IT security

IT security attacks are on the rise — and not just through generative AI. More and more rating agencies are therefore including IT security in their ESG rankings.

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Key topics include:

• Developing and embedding ESG principles into corporate strategy
• Advancing digital transformation aligned with ESG goals
• Best practices for fostering a responsible corporate culture

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