• About
  • Subscribe
  • Contact
Wednesday, May 7, 2025
    Login
  • Management Leadership
    • Growth Strategies
    • Finance
    • Operations
    • Sales and Marketing
    • Careers
  • Technology
    • Infrastructure and Platforms
    • Business Applications and Databases
    • Big Data, Analytics and Intelligence
    • Security
  • Industry Verticals
    • Finance and Insurance
    • Manufacturing
    • Logistics and Transportation
    • Retail and Wholesale
    • Hospitality and Tourism
    • Government and Public Services
    • Utilities
    • Media and Telecommunications
  • Resources
    • Whitepapers
    • PodChats
    • Videos
  • Events
No Result
View All Result
  • Management Leadership
    • Growth Strategies
    • Finance
    • Operations
    • Sales and Marketing
    • Careers
  • Technology
    • Infrastructure and Platforms
    • Business Applications and Databases
    • Big Data, Analytics and Intelligence
    • Security
  • Industry Verticals
    • Finance and Insurance
    • Manufacturing
    • Logistics and Transportation
    • Retail and Wholesale
    • Hospitality and Tourism
    • Government and Public Services
    • Utilities
    • Media and Telecommunications
  • Resources
    • Whitepapers
    • PodChats
    • Videos
  • Events
No Result
View All Result
No Result
View All Result
Home Technology Big Data, Analytics & Intelligence

IDC finds 25% of Asia/Pacific businesses cite ESG compliance as a top challenge

FutureCIO Editors by FutureCIO Editors
February 17, 2025
Image by Thaliesin from Pixabay

Image by Thaliesin from Pixabay

With the next 12 months looming, over 25% of businesses in Asia/Pacific are bracing for their top challenge-meeting Environmental, Social and Governance (ESG) compliance requirements. This urgent need for action is underscored by a recent IDC report.

Abhishek Kumar
Abhishek Kumar

"Economic vulnerabilities combined with the steadily increasing impact of climate change in the region will result in sustainability regulations in the Asia/Pacific region to lean towards being stricter to ensure economic growth and give businesses a competitive edge in the global economy," says Abhishek Kumar, associate research director, IDC Asia/Pacific.

As a response to these challenges, a number of innovative AI-powered solutions are being developed by Asia-based technology providers. Companies such as Impact Intelligence and Alibaba Cloud in China, and ESGpedia and Unravel Carbon in Singapore, are at the forefront of this movement, as highlighted by Kumar.

AI and ESG compliance

The IDC report, Leveraging AI to Overcome ESG Compliance Challenges, shines a light on the promising future where AI-driven solutions are becoming key tools in the sustainability ecosystem. Financial institutions are already reaping the benefits of such solutions to make sustainable financing decisions.

With the increasing concerns over global and regional environmental, social, and governance (ESG) issues, the need for more aggressive regulations in the region is inevitable.

"The reality is that sustainability is here to stay. For businesses in the region, the ability to effectively manage these requirements goes beyond simple compliance management to impacting financing capabilities and, ultimately, their ability to service their clients. This is why it makes sense to work with technology providers today to develop a robust digital and AI-supported ESG compliance system as soon as possible," said Kumar.

Related:  Oracle to open second cloud region in Singapore
Tags: digital transformationESGIDCsustainability
FutureCIO Editors

FutureCIO Editors

Strategic Insights for Chief Information Officers

FutureCIO is about enabling the CIO, his team, the leadership and the enterprise through shared expertise, know-how and experience - through a community of shared interests and goals. It is also about discovering unknown best practices that will help realize new business models.

Quick Links

  • Videos
  • Resources
  • Subscribe
  • Contact

Cxociety Media Brands

  • FutureIoT
  • FutureCFO
  • FutureCIO

Categories

  • Privacy Policy
  • Terms of Use
  • Cookie Policy

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Login to your account below

or

Not a member yet? Register here

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Management Leadership
    • Growth Strategies
    • Finance
    • Operations
    • Sales and Marketing
    • Careers
  • Technology
    • Infrastructure and Platforms
    • Business Applications and Databases
    • Big Data, Analytics and Intelligence
    • Security
  • Industry Verticals
    • Finance and Insurance
    • Manufacturing
    • Logistics and Transportation
    • Retail and Wholesale
    • Hospitality and Tourism
    • Government and Public Services
    • Utilities
    • Media and Telecommunications
  • Resources
    • Whitepapers
    • PodChats
    • Videos
  • Events
Login

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Subscribe