OPERATIONAL costs in complying with sustainability standards are the main challenge for organizations in the Philippines, a US-listed service provider said. READ
In its study, Kyndryl said that 62% of local organizations see these costs as a challenge while 53% of them cited data availability.
He added that according to Kyndryl’s ASEAN Digital Transformation Study, eight out of 10 companies in the Philippines are aiming to become sustainable enterprises. According to Kyndryl, organizations need to understand that success is measured in terms of financial, social, and managing climate risks.
“This partnership has to result in everyone working together to set reduction targets and goals that use consistent metrics. The data needs to be harmonized and collected across industries and governments so that we can track and quantify our progress and impact,” Ms. Taylor said.
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