The Chartered Institute of Logistics and Transport: South Africa (CILTSA) has announced that it is tackling the growing challenge of Environmental, Social and Governance (ESG) data and data management with its upcoming conference From Data to Decisions: Utilising ESG Data for Smarter Business Strategies.
Taking place on Thursday, 25 July at the Fairways Hotel in Randpark, Johannesburg, this one-day event will continue the journey of equipping businesses to navigate the complex world of ESG metrics and aid in unlocking their strategic potential, according to CILTSA.
"ESG measures are becoming a vital part of business operations across all sizes," says CILTSA's president Elvin Harris. "With the rapid expansion of sustainability legal obligations and regulations, plus heightened expectations from investors, employees, consumers and society, it is vital that all businesses get to grips with ESG reporting now."
"In this ever-changing landscape, data is king. Robust ESG data collection, analysis and reporting are essential for navigating complex regulations, demonstrating transparency and building trust with stakeholders. Businesses that can leverage ESG data effectively will be well-positioned to make informed decisions, mitigate risks and capitalise on new opportunities in an uncertain future," adds Harris.
The one-day CILTSA conference will explore the critical role data plays in developing and implementing effective ESG strategies, equipping attendees to navigate the complex world of ESG metrics and translate data into insights that can be consciously actioned.
Key topics on the draft agenda include the following:
- 'Unveiling the Data Landscape: Navigating the World of ESG Metrics'
- 'How to Get the Right ESG Data for Your Business'
- 'Embracing International Standards as a Key Component of ESG Credibility'
- 'How Organisations are using Data to Drive ESG Performance'
- 'Artificial Intelligence, Data and ESG', and
- 'The Impact of ESG on the Broader Community'.
The urgency for robust ESG data is underscored by recent statistics, says the conference.
A 2023 report by Accenture highlights that 83% of investors now integrate ESG factors into their investment decisions. A study by McKinsey found that companies with strong ESG performance outperform their peers on multiple financial metrics.
Registration for the conference is now open. For sponsorship opportunities, contact Catherine at 083 300 0331 or email [email protected].
For more information, visit www.cvlc.co.za. You can also follow CILTSA on Facebook, LinkedIn, or on X.
*Image courtesy of contributor