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Kyndryl and Microsoft Study: Only 21% of Organizations Globally Recognize Technology's Role in Advancing Their Broader Sustainability Goals By Investing.com
Data and AI are becoming powerful catalysts for driving action and predicting future risks , /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, released the second Global Sustainability Barometer study, commissioned by Microsoft (NASDAQ:MSFT). The study,
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Many firms don't realise how technology can help them hit sustainability goals
A new joint study by Kyndryl and Microsoft has shed light on how taking advantage of new and emerging technologies can actually help companies reach their sustainability goals. With British businesses being forced to comply with increasingly stringent regulations, nine in 10 (92%) UK companies now
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Kyndryl and Microsoft Study: Only 21% of Organizations Globally Recognize Technology's Role in Advancing Their Broader Sustainability Goals
Data and AI are becoming powerful catalysts for driving action and predicting future risks NEW YORK, Nov. 12, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, released the second Global Sustainability Barometer study, commissioned by Microsoft. The
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A global study by Kyndryl and Microsoft shows that while 84% of organizations prioritize sustainability, only 21% leverage technology to achieve their goals. The research highlights the potential of AI and data analytics in driving sustainable practices.

A recent study conducted by Ecosystm and commissioned by Kyndryl and Microsoft has revealed a significant gap between organizations' sustainability goals and their use of technology to achieve them. The Global Sustainability Barometer study, now in its second edition, surveyed 1,355 sustainability leaders across 20 countries and 9 industry groups
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.The study found that while 84% of organizations place high strategic importance on achieving sustainability goals, only 21% are effectively using technology to reduce their environmental footprint and shape their overall sustainability strategy
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. This disconnect highlights a significant opportunity for businesses to leverage technological solutions in their sustainability efforts.Since the previous year's study, 38% of organizations have increased their sustainability goals and program execution, indicating progress towards a greener future
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. However, the adoption of technology to support these initiatives remains low.Interestingly, the study revealed that investor expectations and shareholder demands are the primary motivators for sustainability initiatives, with 38% of respondents citing this as a key factor, up from 29% last year
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. This shift in motivation suggests that pressure from the top and external sources is driving sustainability efforts, rather than internal recognition of its importance.Artificial Intelligence (AI) is emerging as a crucial tool in sustainability efforts:
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These statistics indicate significant room for improvement in leveraging AI and data analytics for sustainability initiatives.
While AI offers substantial benefits for sustainability, its environmental impact is a growing concern. Only 35% of organizations are currently considering the energy implications of their AI solutions
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. This highlights the need for responsible AI implementation that balances technological advancement with environmental considerations.Related Stories
To bridge the gap between sustainability goals and technology adoption, the study suggests several guiding principles:
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Faith Taylor, Chief Corporate Citizenship and Sustainability Officer at Kyndryl, emphasized the need for collective action: "Organizations must move from intent to collective action to drive change. By integrating sustainability into a company's business strategy, processes and systems, organizations can maximize the value of their people and technology to achieve internal goals and deliver positive impact"
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.Matthew Sekol, a Sustainability Global Black Belt at Microsoft, highlighted the importance of data integration: "Companies can gain the insights needed to deliver on their commitments and drive resilience by integrating sustainability data with operational and financial data, and using traditional data analytics and robust AI tooling to reshape operational efficiencies and foster sustainable innovations"
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.As organizations increasingly recognize sustainability as a strategic imperative, the integration of technology, particularly AI, in sustainability efforts presents a significant opportunity for driving positive environmental impact and creating a more sustainable future.
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