Environmental, social, and governance (ESG) practices are designed to evaluate a company’s influence in those three areas. ESG practices are insufficient in fully tackling the sustainability hurdles inherent to the technology sector as they don’t specifically offer guidelines for computing power, memory, and bandwidth for data analytics and management.
ESG practices are progressive, they predominantly emphasize the environmental aspects of sustainability. A comprehensive approach for technology companies encompassing entire product life cycles, from sourcing to disposal, is crucial.