Singapore and Thailand Lead ASEAN in Sustainability, But Technology Gaps Persist

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Singapore and Thailand Lead ASEAN in Sustainability, But Technology Gaps Persist
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Kyndryl's report highlights Singapore and Thailand's leadership in sustainability within ASEAN, with notable improvements in sustainability initiatives. However, the report also uncovers gaps in technology usage for sustainability, with only 28% of ASEAN businesses fully leveraging technology, compared to the global average of 40%. Additionally, while 75% of businesses have integrated sustainability into their reporting processes, only 4% utilize sustainability data in their operations.

Businesses in Singapore and Thailand are leading the way in driving sustainability across the ASEAN region, with 32% reporting year-on-year improvements in their sustainability initiatives, according to a Kyndryl report. Despite progress, the report highlights gaps in technology usage for sustainability, noting only 28% of ASEAN businesses are fully leveraging technology, well below the global average of 40%.

The report also reveals that 75% of companies have integrated sustainability into their reporting processes, but only 4% fully utilize sustainability data in their operations, indicating a need for enhanced data-driven decision-making

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