Kyndryl Collaborates with Microsoft and Finds Only 16% of Organizations Integrated Sustainability Into Their Strategies While Most View Technology as Key to Achieving Their Goals

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According to Kyndryl (NYSE: KD), the world's biggest provider of IT infrastructure services, in collaboration with Microsoft, the Global Sustainability Barometer study was released today. Despite the fact that 85% of organizations place a high level of importance on achieving their sustainability goals, only 16% of organizations have integrated sustainability into their strategies and data as part of the study, conducted by Ecosystm. 
The world faces an increasing number of climate-related events and challenges, which is why businesses need to act as soon as possible, using technology to drive sustainable solutions to these issues. While 80% of organizations surveyed see great significance in technology's role to achieve their goals, only 32% believe they are making full use of it within their organizations.
In her opinion, "Many companies are at different stages of sustainability maturity," Faith Taylor, Kyndryl's Chief Sustainability and ESG Officer, explained, "Companies are applying technology to unlock the full potential of sustainability. In order to advance and implement their sustainability goals pragmatically, they are looking beyond regulatory compliance."
As Shelly Blackburn, Vice President, Cross Solutions Area, Microsoft, points out, "Technology has emerged as a key enabler for sustainability success, and its role will only continue to grow as artificial intelligence tools become more sophisticated." It is our intention to work with Kyndryl to drive meaningful change and contribute to a more sustainable future, and we are eager to contribute to that effort."
Among the highlights of the survey are the following:
In order to build a more sustainable organization, there are several factors to consider
Below is a list of sustainability best practices that can be used to drive growth and improve business results:
Ullrich Loeffler, Co-Founder & CEO of Ecosystm, said, "We face record-breaking temperatures and unprecedented climate-related events at a time when it is imperative that governments, industries, enterprises, and individuals come together to take action." As a result of our collaboration with Kyndryl and Microsoft, we are pleased to make this study available to forward-thinking organizations around the world so they can start driving measurable sustainability impacts now.
In the Global Sustainability Barometer study, conducted by Ecosystm in collaboration with Kyndryl and Microsoft, 1,523 leaders from across 16 countries in Asia, EMEA, and the Americas, were interviewed about their business and sustainability practices. It was conducted between September and October 2023, and covered nine industries, as well as small and medium businesses as well as global organizations. The study, "From Vision to Impact: The Global Sustainability Barometer," was conducted by Ecosystm in collaboration with Kyndryl and Microsoft.
About Kyndryl Kyndryl (NYSE: KD) is the world's largest provider of IT infrastructure services, serving thousands of enterprise customers worldwide. For more information on the company, please visit www.kyndryl.com. They provide the design, construction, management, and modernization of complex, mission-critical information systems that the world depends on on a daily basis.
Contact Kyndryl Press by email at press@kyndryl.com
The source of this information is Kyndryl
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