Questions remain as to which ESG actions
should be prioritized and how these efforts can best be
communicated to stakeholders, ISG Provider Lens™ report
says
Demonstrating leadership, especially in the regulatory sphere,
Brazil is moving forward assertively in its sustainability and ESG
agenda, according to a new research report published today by
Information Services Group (ISG) (Nasdaq: III), a leading global
technology research and advisory firm.
The 2023 ISG Provider Lens™ Sustainability and ESG report for
Brazil finds that enterprises in Brazil are pioneers in undertaking
important steps toward realizing an ecological transformation
agenda. Brazil was the first country in the world to incorporate
global standards issued by the International Sustainability
Standards Board (ISSB) into its regulatory framework, a move that
has led to rising demand throughout the country for sustainability
solutions, the ISG report says.
“Service providers are increasingly recognizing the importance
of sustainability,” said Andy Miears, director, adaptive
organization, with ISG. “They have an unprecedented opportunity to
lead the transition to a greener future.”
Despite the popularity of sustainability and ESG topics in
Brazil, enterprises remain unsure of exactly how to fulfill their
sustainability and ESG commitments and how to do so in a way that
will resonate positively with stakeholders, the ISG report
says.
Although traditional ESG ratings have typically focused on
environmental factors, there is a growing emphasis on social and
governance factors, such as human rights, labor practices and board
diversity, the report notes. This is leading to the development of
new ESG rating methodologies that give greater weight to social and
governance factors, ISG says.
To this end, AI and ML are being used to develop new ESG ratings
and benchmarking methodologies that are more accurate and
efficient, and show the potential to reduce bias, the ISG report
says. Standardized ESG ratings across industries enable
organizations to gauge their sustainability performance relative to
their peers, the report says. By benchmarking against industry
standards, companies can identify improvement areas and establish
sustainability targets, ISG says.
“ESG compliance is no longer an option but a requirement for
operating in today’s business environment,” said Jan Erik Aase,
partner and global leader, ISG Provider Lens Research. “Enterprises
are looking for strategic partners that can offer specialized
solutions and services to help them integrate sustainable practices
into their operations.”
The report also examines the shortage of qualified professionals
in key sectors, including sustainability strategy, renewable energy
and sustainable waste management.
The 2023 ISG Provider Lens™ Sustainability and ESG report for
Brazil evaluates the capabilities of 81 providers across five
quadrants: Strategy and Enablement Services, Technology Solutions
and Implementation Services – IT, Technology Solutions and
Implementation Services – OT, Data Platforms and Managed Services
and Rating and Benchmarking Services.
The report names Accenture, IBM and Wipro as Leaders in four
quadrants each, while Capgemini, Deloitte, EY, PWC and SAP are
named as Leaders in three quadrants each. EcoVadis, KPMG, Siemens
and WayCarbon are named as Leaders in two quadrants each, while
Agrotools, Bain & Company, BCG, Bloomberg, CDP, DEEP, ESG Book,
FactSet, ISS ESG, LSEG Data & Analytics, Moody’s ESG, MSCI,
S&P Global and Sustainalytics are named as Leaders in one
quadrant each.
In addition, Schneider Electric is named as a Rising Star — a
company with a “promising portfolio” and “high future potential” by
ISG’s definition — in two quadrants, while GreenPlat, RepRisk and
TIVIT are named as Rising Stars in one quadrant each.
The 2023 ISG Provider Lens™ Sustainability and ESG report for
Brazil is available to subscribers or for one-time purchase on this
webpage.
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only
service provider evaluation of its kind to combine empirical,
data-driven research and market analysis with the real-world
experience and observations of ISG's global advisory team.
Enterprises will find a wealth of detailed data and market analysis
to help guide their selection of appropriate sourcing partners,
while ISG advisors use the reports to validate their own market
knowledge and make recommendations to ISG's enterprise clients. The
research currently covers providers offering their services
globally, across Europe, as well as in the U.S., Canada, Brazil,
the U.K., France, Benelux, Germany, Switzerland, the Nordics,
Australia and Singapore/Malaysia, with additional markets to be
added in the future. For more information about ISG Provider Lens
research, please visit this webpage.
A companion research series, the ISG Provider Lens Archetype
reports, offer a first-of-its-kind evaluation of providers from the
perspective of specific buyer types.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading
global technology research and advisory firm. A trusted business
partner to more than 900 clients, including more than 75 of the
world’s top 100 enterprises, ISG is committed to helping
corporations, public sector organizations, and service and
technology providers achieve operational excellence and faster
growth. The firm specializes in digital transformation services,
including automation, cloud and data analytics; sourcing advisory;
managed governance and risk services; network carrier services;
strategy and operations design; change management; market
intelligence and technology research and analysis. Founded in 2006,
and based in Stamford, Conn., ISG employs more than 1,600
digital-ready professionals operating in more than 20 countries—a
global team known for its innovative thinking, market influence,
deep industry and technology expertise, and world-class research
and analytical capabilities based on the industry’s most
comprehensive marketplace data. For more information, visit
www.isg-one.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240228041166/en/
Press:
Will Thoretz, ISG +1 203 517 3119 will.thoretz@isg-one.com
Thábata Mondoni, Mondoni Press for ISG Mobile: +55 11 98671 5652
thabata@mondonipress.com.br
Information Services (NASDAQ:III)
Historical Stock Chart
From Jun 2024 to Jul 2024
Information Services (NASDAQ:III)
Historical Stock Chart
From Jul 2023 to Jul 2024