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00:14 — After attending an NACD webinar on ESG, Wayne reports what he learned about Environmental, Social, and Governance issues.
00:24 — Sensors to measure the impact of what we’re doing, such as with pollution and emissions, are going to become vitally important. Additionally, boards need to be sustainably prepared because reporting is coming—whether it’s voluntary or mandatory.
00:44 — This can be particularly challenging for IT and OT operations. But, successful and efficient operations are profitable operations—which means there shouldn’t be anything wasted. Most waste products are pollution, so this is a core ESG concern and technology is here to help with sustainability efforts.
01:14 — A couple of organizations in this field are the Financial Stability Board, which has a task force on climate-related financial disclosures, and the Sustainability Accounting Standards Board.
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